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Intel will cut 24,000 employees by the end of the year and also plans to scale back operations in several countries

Intel is not going to stop at laying off 5,000 employees . This became known from the company's earnings report for the second quarter of 2025.

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Intel will cut 24,000 employees by the end of the year and also plans to scale back operations in several countries

Intel is not going to stop at laying off 5,000 employees . This became known from the company's earnings report for the second quarter of 2025.

The company plans to end 2025 with a total of about 75,000 “core employees.” At the end of last year, there were 99,500. That means the layoffs will affect about a quarter of the workforce, or 24,000 people, The Verge reports .

Additionally, Intel will abandon planned projects in Germany and Poland, as well as assembly and testing operations in Costa Rica.

In Germany and Poland, the company planned to invest tens of billions of dollars in “mega-factories” with 3,000 jobs and an assembly and test complex with 2,000 employees. Intel is canceling all of this and, apparently, closing it completely.

Intel alone does not report the closure of research and development centers in Poland, where the company has been operating since 1993.

Assembly and testing operations in Costa Rica, which employs more than 3,400 people, will be moved to larger centers in Vietnam. However, the company says more than 2,000 employees in Costa Rica are expected to remain in engineering and corporate roles.

The company is also scaling back operations in Ohio: “Intel will further slow the pace of construction in Ohio to ensure costs align with market demand.” However, Intel CFO David Zinsner says the company will continue to invest there and construction will continue.

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