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News18
19-07-2025
- Business
- News18
Intel Layoffs: Company Announces Over 5,000 Job Cuts In US, Says Report
The layoffs are mainly likely to hit employees in California, Oregon, Arizona and Texas. Intel Layoffs 2025: In a fresh round of job cuts, chipmaker Intel is laying off over 5,000 employees in the US, Manufacturing Dive has reported citing updated Worker Adjustment and Retraining Notification filings. Mainly, the layoffs are likely to hit employees in California, Oregon, Arizona and Texas. The layoffs are part of a broader restructuring plan to turn around the beleaguered company. The job cuts are estimated to be doubled for Santa Clara and Folsom to a total of 1,935 affected employees, according to the California WARN filings. The layoffs started in Folsom and Santa on July 11 and July 15. '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," Intel said in an email on July 9, according to Manufacturing Dive. Last month, Intel started job cuts and sacked 107 employees connected to its headquarters in Santa Clara, California. In a WARN notice, the company had said the layoffs are expected to begin July 15. Additionally, the company 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 month, 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. The move comes just a month after CEO Andy Jassy warned that adoption of generative AI tools would trigger a workforce reduction. The layoffs at Amazon come after similar action by global giants like Microsoft, Meta, and CrowdSrike recently. Many corporations are increasingly using artificial intelligence to write code for their software and adopting AI agents to automate routine tasks, as they look to save costs and cut reliance on people. CEO Lip-Bu Tan's Turnaround Plans 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. view comments Location : New Delhi, India, India First Published: July 19, 2025, 08:42 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Yahoo
11-07-2025
- Business
- Yahoo
Intel layoffs surpass 1,600 across US
This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Intel Corp. is laying off approximately 1,666 employees across four states this month as part of a company-wide restructuring effort to reduce costs and simplify operations. 'We are taking steps to become a leaner, faster and more efficient company,' Intel said in an email July 9. 'Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution.' The job cuts, which begin to take effect July 11, will affect hundreds that work at or report to Intel in California, Oregon, Texas and Arizona, according to recent Worker Adjustment and Retraining Notification filings. About half of those affected — roughly 855 — are based out of Intel's offices and facilities in Santa Clara and Folsom, California. The company is also cutting 529 employees across its four campuses in or near Hillsboro, Oregon, considered to be the heart of the company's research and development operations. Additionally, Intel has given recent layoff notices to 172 workers in Chandler, Arizona and 110 in Austin, Texas, according to WARN filings as of July 11. A spokesperson declined to elaborate on which departments or segments of the company will be affected. In late June, Intel said it will 'wind down' its automotive business within its client computing group. The chipmaker has also started sending layoff notices to hundreds of workers in Israel, where Intel employs roughly 4,000 at its Kiryat Gat campus, Israel-based news outlet Ynet reported. One of CEO Lip-Bu Tan's priorities since taking over in March has been to refocus Intel's core products for a new era of computing shaped by artificial intelligence and reasoning models. Intel, known for its personal computer processors, has lagged behind competitors AMD and Nvidia in the evolving semiconductor market. It reported a net loss of $18.8 billion for 2024, driven in part by its struggles to transition to smaller, more efficient chip designs. 'We are seen as too slow, too complex and too set in our ways — and we need to change,' Tan said in a company-wide letter April 24. He detailed plans to become a more engineering-focused company and remove layers of teams, which has created "unnecessary bureaucracy that slows us down.' Long-term, Tan said he also wants to refine Intel's AI strategy with a focus on emerging areas of interest and to build trust with foundry customers. 'There is no way around the fact that these critical changes will reduce the size of our workforce,' Tan wrote in April. 'This will begin in Q2 and we will move as quickly as possible over the next several months. More details of the changes are likely to come during Intel's upcoming investor call, which is scheduled for July 24. The changes will begin to take place July 11, affecting mostly workers in California and Oregon. Recommended Reading Intel plans to lay off more than 500 Oregon workers Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-03-2025
- Business
- Yahoo
Lutheran Services in Iowa's Sioux City office facing layoffs
SIOUX CITY, Iowa (KCAU) — The Lutheran Services in Iowa (LSI) will be laying off more than two dozen employees in three cities, including seven from the Sioux City office. The Iowa Workforce Development WARN (Worker Adjustment and Retraining Notification) page lists layoffs for the LSI offices in Des Moines, Waterloo, and Sioux City. They will be effective on March 28, 2025. 17 employees will be laid off in Des Moines, four in Waterloo, and seven in Sioux City. KCAU 9 confirmed the layoffs with Nick Wuertz, the Director of Immigrant & Refugee Community Services for LSI. Wuertz told KCAU 9 that the federal government has not reimbursed LSI for its refugee resettlement programs. School bus hit in minor collision at Irving Elementary In January, the Trump Administration suspended the Refugee Admissions Program, which helped refugees legally come to the United States. It also provided funding to community programs like LSI that help refugees resettle. A federal judge halted the suspension last week after aid groups sued the Trump Administration. The judge has yet to release a written ruling, but the administration has indicated it will appeal. It leaves funding for refugee resettlement programs like LSI, but it's unclear if LSI will ever receive funds for its services. Nick Wuertz said that Lutheran Services in Iowa's Foster and Childcare divisions are not being affected by the current layoffs. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
