Intel to axe 24,000 jobs — is your state or country on the layoff list? Here's who's affected most
Projects canceled in Germany, Poland, and Costa Rica
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Germany
Intel canceled a big new chip factory (called a 'mega-fab') that was supposed to hire 3,000 people.
The project had already been delayed before. Now it's fully canceled.
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Poland
Intel stopped plans to build an assembly and testing center that would've hired 2,000 people.
Intel still has research centers in Poland that are not closing.
Costa Rica
Intel is moving its assembly and testing work from Costa Rica to Vietnam and Malaysia.
Intel has over 3,400 workers in Costa Rica, and around 2,000 will stay for engineering and office roles, as per Intel's spokesperson Sophie Metzger told The Verge.
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US jobs also affected — especially in Ohio
In Ohio, Intel is slowing down construction of new factories to match market demand. The work will still continue, but at a slower speed. Intel says it will still invest in the U.S., but will spend more carefully going forward, according to the report by Intel Q2 letter.
Why is Intel doing this?
Intel's new CEO, Lip-Bu Tan, said the company built too many factories too soon, without having enough customers to use them. He said Intel's factories became 'needlessly fragmented' — meaning they were too spread out and not efficient, as per the reports.
Now, Intel wants to cut costs, remove extra management layers, and simplify the company. Tan wants to make Intel faster and more focused so it can grow again in the future, as per the Intel internal message.
Intel is losing money and changing strategy
Intel lost $2.9 billion in the last quarter, April–June 2025, even though it made $12.9 billion in revenue. The company spent $1.9 billion just on layoffs and restructuring. Intel also shut down its automotive chip business in June and spun off its RealSense computer vision team in July. PC chip sales went down 3%, and data center chips only went up 4%, even during the AI boom, as stated in the report by The Verge.
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What's coming next from Intel?
Intel plans to save $17 billion in costs this year. A new chip called Panther Lake is coming later in 2025. Another chip, Nova Lake, is expected in late 2026. Every major chip design now needs to be personally approved by the CEO, Lip-Bu Tan.
Intel is also changing how it approaches AI — focusing more on areas like inference instead of just training models. Intel says it will share more about its AI strategy and data center leadership in the next quarter, as per the report by The Verge.
FAQs
Q1. How many jobs is Intel cutting in 2025?
Intel is cutting around 24,000 jobs in 2025 as part of a major global restructuring to reduce costs and simplify its operations.
Q2. Which countries are affected by
Intel layoffs
in 2025?
Intel layoffs are hitting the U.S., Germany, Poland, and Costa Rica, with major projects canceled or slowed down in those regions.
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