The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture of electrical, electronic and optical products Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
21,000 jobs Number of planned job losses
Announcement Date
23 April 2025
Employment effect (start)
23 April 2025
Foreseen end date
31 December 2026
Description
Intel, the American semiconductor and cloud software provider, has announced plans to cut about 21,000 jobs globally.
The layoffs will affect manufacturing sites and foundry operations in the United States, Ireland, Germany, China and Israel, although exact figures remain unknown. The automotive chip division in Munich will be closed.
Some employees will be offered relocation options, and the manufacturing operations are being reorganised.
The layoffs aim to streamline operations, reduce bureaucracy, and rebuild an engineering-driven culture following years of underperformance and market losses. The cuts follow 15,000 layoffs in 2024 Interl 2024-WO.
Intel had 108,900 employees at the end of 2024. It has manufacturing sites in the United States, Israel, Ireland, and Malaysia.
A previous restructuring event has been recorded in the ERM Events database in 2022:Intel 2022-WO
Eurofound (2025), Intel, Internal restructuring in World, factsheet number 202994, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202994.
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