In April, Intel tried to announce the holiday without any holiday. “We have not set a target for a headquarters,” said Intel spokesman Sophie Metzar. Stuffy. But the company has Left thousands of employees since then – And today, in the company Q2 2025 incomeHe has revealed that Intel will shrink dramatically as a result of these holidays. Intel says he will withdraw from planned plans in Germany and Poland, eliminating his assembly and test tasks in Costa Rica, and will eliminate 2025 with only 75,000 “basic employees”.
Intel employed 109,800 people at the end of 2024, of which 99,500 were “basic employees”, so the company is pushing about 24 24,000 people this year. (It has also separated other businesses, shrinking the big organization.)
Today, on the company’s earnings call, the CEO of Intel says that Intel has already “scattered” its factories before demanding in new factories, and with the acquisition of the original milestone, it needs to “enhance” its capacity in the “lock stage”.
Tan says, “I do not subscribe to the belief that if you prepare it, they will come. In my leadership, we will prepare what we need, and gain their confidence.”
Now, in Germany and Poland, where Intel was planning to spend billions of dollars respectively, respectively On “Mega Fabs” who hire 3,000 workersAnd on An assembly and test facility This will employ 2,000 workers, the company “will no longer move forward with planned plans” and is apparently fully axing them.
Intel has the presence In Poland since 1993However, and the company did Not Its R&D facilities say they are closed there. – Back in 2024.
In Costa Rica, Where Intel employed more than 3,400 peopleThe company will “strengthen its assembly and test tasks in Costa Rica in its major places in Vietnam.” Metzagar tells Stuffy However, more than 2,000 Costa Rica employees should work in engineering and corporate.
The company is also retreating in Ohio: “Intel will slow down the construction speed in Ohio to ensure that the costs are linked to market demand.” Intel CFO David Zezin says Intel will continue to invest there, though, and construction will continue.
It is unclear whether the holidays will be reduced now while we are in half of the year, but Intel has said today that it has already “completed the majority of the planned headquarters, which announced to reduce its basic workforce by about 15 percent.”
So far, partially $ 1.9 billion because Intel is spending these roofs and reorganization, Intel is still losing money in the quarter. It reports $ 2.9 billion in quarter tax (which is a year -old flat year) for $ 9.9 billion. Among the ongoing AI boom, Intel’s data center business has only increased by only 4 % over the year to $ 3.9 billion, while its PC chips have dropped from 3 % to $ 7.9 billion. Intel’s foundry business, where it also quiet for other consumers, is 3 % increase to $ 4.4 billion.
The company says the whole year is on the path to reducing its costs by 17 billion, and it is at least one of the Next flagship laptop chips Also on the track: “The first Panther Lake processor is on the SKU track to start shipping this year, the first half of the 2026 SKU will come.”
According to Tan, Intel’s follow -up, Nova Lake, is still on the way to the end of 2026, and says he has taken steps to “correct past mistakes related to multilateral abilities” in the company’s performance core there. Further, Tan says it is personally accepting responsibility for each new chip design policy, which he says already has the effect: “Before the tape out, every major chip design personally needs to be reviewed and approved.”
Meanwhile, Intel says it is also increasing its popular but previously expensive lunar lake chips in the next quarter.
Tan says they will also announce a new leadership for Intel’s data center business in the next quarter, and will share more on their strategy for the full stack AI solution in the coming months.
Correction, July 24: We actually calculated that Intel would pour about 333,000 employees, but the actual total should be close to 24,000. –
