Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica

In April, Intel tried to announce layoffs without announcing layoffs. “We have not set any objective reduction objective,” said Intel spokesperson Sophie Metzger The penis. But the company has dismissed thousands of employees since – and today, in the income of the company’s T2 2025, it revealed that Intel would shrink considerably as a result of these layoffs. Intel says that it will withdraw from the projects provided in Germany and Poland, will end its assembly and test operations in Costa Rica, and finish 2025 with around 75,000 “basic employees” in total.

Intel employed 109,800 people at the end of 2024, including 99,500 “basic employees”, so the company repels around 24,000 people this year – reducing Intel by approximately a quarter. (He also sold other companies, also shrinking the largest organization.)

Today, when calling the company’s profits, the CEO of Intel said that Intel had overestimated in new factories before having obtained sufficient request, that its factories had become “unnecessarily fragmented” and that it must increase its capacity “in locking stage” by reaching real stages.

“I do not subscribe to the conviction that if you build it, they will come. Under my direction, we will build what customers need when they need them and gain their confidence, ”says Tan.

Now, in Germany and Poland, where Intel planned to spend dozens of billions of dollars respectively on “mega-fabs” which would employ 3,000 workers, and in a assembly and a test establishment which would employ 2,000 workers, the company “will no longer go with planned projects” and apparently removed them entirely.

Intel has been present in Poland since 1993, and the company has done not Let’s say that its R&D installations are closed. (Intel had already taken a break on the projects of New Germany and Poland “of about two years” in 2024.))

In Costa Rica, where Intel employs more than 3,400 people, the company “will consolidate its assembly and test operations in Costa Rica in its largest sites in Vietnam”. Metzger tells The penis However, more than 2,000 Costa Rica employees should stay to work in engineering and businesses.

The company also reduces Ohio: “Intel will further slow down the pace of construction in Ohio to ensure that expenses are aligned with market demand.” Intel financial director David Zinsner says Intel will continue to make investments, and construction will continue.

It is not clear if the layoffs will now slow down that we are halfway through the year, but Intel declares today that it has already “completed the majority of the planned staff that he announced in the last quarter to reduce its main workforce by around 15%”.

Until now, in part because of the $ 1.9 billion that Intel faces to make these layoffs and this restructuring, Intel always loses money this quarter. It reports a loss of $ 2.9 billion out of $ 12.9 billion in quarterly income (which is itself stable). In the middle of the current AI boom, Intel data center activities have only increased by 4% from one year to the next to reach $ 3.9 billion, while its PC chips are down $ 7.9 billion. The Intel foundry activity, where it also makes the manufacture of chiffs for other customers, is up 3% to 4.4 billion dollars.

The company claims that it is on the right track to reduce its expenses by $ 17 billion in the full year, and that at least one of its next laptop tokens is also on the right track: “The first Panther Lake Sku processor remains on the right track to start the shipment later this year, with additional networks in the first half of 2026”.

The monitoring of Intel, Nova Lake, is still on the right track for the end of 2026, according to Tan, and he says that he “took measures to correct past errors concerning multi-threading capacities” in the company’s performance nuclei. In addition, Tan says he personally assumes the responsibility of each new flea conception with a new policy which, according to him, is already in force: “Each major conception of fleas must be examined personally and approved by me before the band.”

Meanwhile, Intel says that he also increases his popular but previously expensive quarter Luke chips.

Tan says he will also announce a new leadership for the activity of the Intel data center in the next quarter and will share more on its strategy for a complete AI solution “in the coming months”.

Correction, July 24: We originally wrongly calculated that Intel would lose around 33,000 employees, but the real total should be closer to 24,000. (Intel said that it would end the year with 75,000 basic employees, but the number of 108,900 to which we were initially compared was the total workforce from last year, including other related companies, and not the intel core workforce, which was 99,500.)))