Intel layoffs begin: Company cuts roles across these teams to ‘remove organizational complexity and …'
Intel
has started laying off employees, beginning with 107 workers tied to its headquarters in Santa Clara, California, reports CRN. The move is part of a larger cost-cutting and restructuring plan announced by
CEO Lip-Bu Tan
in April this year to turn around the struggling semiconductor company.
Tired of too many ads? go ad free now
According to the report, the company has filed a notice under California's Worker Adjustment and Retraining Notification (WARN) Act. In the notice, Intel said that the layoffs will begin July 15. Employees will either be given a 60-day notice or a four-week notice with nine weeks' pay and benefits.
Intel job cuts: Roles impacted
As part of the latest
Intel layoffs
, the affected roles include 22 physical design engineers, three physical design engineering managers, three system-on-chip logic design engineers, three product development engineers, four design-for-test design engineers, six cloud software architects, four cloud software engineering managers and two cloud software development engineers.
'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution,' an Intel spokesperson told the publication.
'We are making these decisions based on careful consideration of what's needed to position our business for the future, and we will treat people with care and respect as we complete this important work,' the spokesperson added.
More job cuts likely across Intel divisions
Intel is reportedly planning to lay off 15–20% of workers in its chip manufacturing division, according to an internal memo cited by CRN. In April, CEO Tan had warned that reducing the company's workforce was inevitable as part of efforts to cut costs by $500 million this year and another $1 billion in 2026.
'There is no way around the fact that these critical changes will reduce the size of our workforce,' Tan wrote in a memo.
Tired of too many ads? go ad free now
'We must balance our reductions with the need to retain and recruit key talent,' he wrote. 'I will empower each of my leaders to make the best possible decisions aligned with our top priorities. These decisions will not be made lightly, and we will keep you regularly informed.'
He also criticized Intel's past focus on team size as a measure of performance.
'The best leaders get the most done with the fewest people,' Tan stated.
Intel to shift focus to core business
Intel is also shutting down its automotive chip division and outsourcing many marketing roles to consulting firm Accenture. The company said both moves are part of a plan to refocus on its core business of client and data center computing.
'We are focused on modernizing our digital capabilities to serve our customers better and strengthen our brand,' an Intel spokesperson said in a statement to CRN regarding the outsourcing plan.
'Accenture is a longtime partner and trusted leader in these areas, and this engagement will allow Intel and its partners to drive better business outcomes through simpler processes and programs,' the representative added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Another cut for Intel; Chipmaker announces closure of this business unit; to layoff ‘most' of the staff
Intel is shutting down its automotive chip division and laying off the majority of employees in the section, reports The Oregonian. As per the report, the company has sent an internal memo to its employees, informing them about the decision. Tired of too many ads? go ad free now 'Intel plans to wind down the Intel architecture automotive business,' the company told employees, adding that the move is part of a larger plan to focus on its 'core client and data center portfolio.' In a statement to the publication, Intel said 'As we have said previously, we are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers'. 'As part of this work, we have decided to wind down the automotive business within our client computing group,' the company added. 'We are committed to ensuring a smooth transition for our customers.' Intel's auto chip business powered over 50 million vehicles Intel has invested heavily in automotive semiconductors over the years. Its chips have been used in infotainment systems, instrument clusters, and other vehicle functions in more than 50 million cars. In 2024, the company introduced AI-enabled chips designed to enhance in-car navigation and voice assistants. It also announced plans to bring its Arc GPU to vehicles. Despite these developments, Intel now appears to be exiting the segment. The shift comes as part of CEO Lip-Bu Tan's broader restructuring efforts, aimed at streamlining operations and cutting costs. Layoffs at Intel The closure of the automotive unit follows news of broader layoffs across Intel. The company recently issued a WARN notice in California, indicating that 107 employees at its Santa Clara headquarters will lose their jobs. Tired of too many ads? go ad free now 'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution,' an Intel spokesperson told CRN. Additional job cuts are expected in Intel's foundry division as well. In April, Tan told employees that Intel would have to 'reduce the size' of its workforce in the second quarter of 2025 to improve operational efficiency. The chipmaker is targeting $500 million in cost reductions this year, with more cuts planned for 2026.
News18
2 hours ago
- News18
Intel Layoffs: Company Starts Fresh Job Cuts, Sacks 107 Employees Linked To Headquarters
Last Updated: Intel has begun layoffs affecting 107 employees in Santa Clara as part of a restructuring plan. CEO Lip-Bu Tan aims to cut $500 mn in expenses this year and $1 bn next year. In the latest round of layoffs, chipmaker Intel has started fresh job cuts with 107 employees connected to its headquarters in Santa Clara, California, according to a CRN report. The layoffs are part of a broader restructuring plan to turnaround the beleaguered company. According to the report, Intel has informed this to the stated of California through a notice, which is required under the California's Worker Adjustment and Retraining Notification (WARN) in case of a layoff impacting 50 or more than employees in a 30-day period. In the notice, the company said the layoffs are expected to begin July 15. In the WARN notice, Intel said employees have either received a 60-day notice ahead of their separation or a four-week notice that comes with nine weeks of pay and benefits 'in lieu of further notice", as per CRN. Additionally, the company has also decided to close down its automotive chip business, which was based in Munich, Germany, according to The Oregonian citing an internal memo. According to the memo, 'Intel plans to wind down the Intel architecture automotive business" and will lay off most of its workers in the section. Last week, reports citing CEO Lip-Bu Tan 's internal memo suggested that Intel was planning to lay off 15%-20% workers from its chip manufacturing division. In the latest statement, an Intel spokesperson, as reported by CRN, said, 'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organisational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution." 'We are making these decisions based on careful consideration of what's needed to position our business for the future, and we will treat people with care and respect as we complete this important work," the spokesperson added. Lip-Bu Tan, who assumed the role of Intel's CEO in March, said in April that the company plans to cut operating expenses by $500 million this year and another $1 billion next year. 'There is no way around the fact that these critical changes will reduce the size of our workforce," he had said. 'We must balance our reductions with the need to retain and recruit key talent," he said in the memo. 'I will empower each of my leaders to make the best possible decisions aligned with our top priorities. These decisions will not be made lightly, and we will keep you regularly informed." Tan has been working on sweeping reforms at Intel, including a revamp of its artificial intelligence (AI) roadmap and chip manufacturing operations. A key element of his plan involves trimming layers of middle management, which he sees as an impediment to faster execution and innovation. In a recent company-wide town hall, Tan cautioned employees that 'tough decisions" lay ahead. Tan, 65, previously served as CEO of Cadence Design Systems and was a member of Intel's board until August 2024. His appointment follows a challenging period for Intel, which reported a $19 billion annual loss in 2024 — its first in nearly four decades — and continues to lose market share to rivals like Nvidia and Arm, especially in the AI chip sector. Intel also announced mass layoffs in August last year. The layoffs at Intel are part of a broader trend of cost-cutting and restructuring across the tech sector. According to data from over 63,443 tech workers have already been laid off across 147 companies in 2025 so far.
India.com
3 hours ago
- India.com
Aadhaar-Based ID Check Approved For Verifying Candidates In IBPS Exams To Curb Cheating — Details Here
Aadhaar Authentication For IBPS Exams: The Ministry of Finance has approved the use of Aadhaar authentication by the Institute of Banking Personnel Selection (IBPS) to verify candidates' identities during exams. This move aims to prevent cheating and impersonation in entrance exams. Moreover, it will help make the recruitment process in the Banking, Financial Services, and Insurance (BFSI) sector fairer and more transparent. As per a notification published in the Gazette of India (S.O. 837, pages 1614–15/c), IBPS has been officially recognised as a Public Examination Authority under the Public Examination (Prevention of Unfair Means) Act, 2024. The Department of Financial Services, Ministry of Finance, issued the notification under Rule 5 of the Aadhaar Authentication for Good Governance Rules, 2020. It allows IBPS to use Aadhaar-based Yes/No or e-KYC authentication for candidates on a voluntary basis. Govt authorises use of Aadhaar authentication for candidate verification in Institute of Banking Personnel Selection - IBPS exams. As per a @FinMinIndia notification, IBPS can now voluntarily use Aadhaar to verify candidates' identity during exams & recruitment processes. — All India Radio News (@airnewsalerts) June 26, 2025 This approval came after consultation with the Unique Identification Authority of India (UIDAI) and a final go-ahead from the Ministry of Electronics and Information Technology (MeitY). Promote Good Governance This initiative is designed to promote good governance and prevent malpractices such as impersonation during examinations. By offering a robust identity verification mechanism, the government aims to ensure a fair and transparent recruitment process, safeguarding the interests of genuine candidates who might otherwise be disadvantaged by fraudulent activities. Beyond enhancing security, the voluntary Aadhaar authentication is expected to streamline and expedite the identity verification process, thereby reducing administrative burdens on IBPS. (With IANS Inputs) Recently, Union Railway Minister Ashwini Vaishnaw announced that Tatkal ticket bookings, based on Aadhaar-based OTP verification, will come into effect by July 1 to eliminate middlemen.
