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Intel Cuts 15% of Workforce in Major Restructuring Under New CEO

Name: Intel Cuts 15% of Workforce in Major Restructuring Under New CEO
Uploaded: 2025-07-24T15:35:00-07:00
Channel: NBC Palm Springs
Description: Intel has cut 15% of its staff as part of a turnaround strategy under new CEO Lip-Bu Tan. The company is restructuring to stay competitive in the chipmaking industry and align spending with market demand.

By: CNN Newsource

July 24, 2025

Intel layoffs 2025Intel workforce reductionLipBu Tan Intel CEOIntel restructuring planIntel chip factoriesIntel AI competitiontech layoffs 2025

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