Santa Clara, CA · INTC
Intel Corporation
2 layoff rounds disclosed in SEC filings. Every figure below is sourced directly from a public SEC filing — click the source link to verify in the original document.
Layoff disclosures
Round 2 — 2025 Restructuring Plan
Announced July 24, 2025
15% of workforce
“The Company expects these headcount reduction initiatives will reduce our core Intel workforce by 15% by the end of fiscal 2025.”
Source: SEC 8-K→
Round 1 — Unnamed program
Announced October 31, 2024
16,500 employees
“These initiatives include reducing headcount by 16,500 employees, consolidating and reducing the Company's global real estate footprint, conducting portfolio reviews of the Company's business under a 'clean sheet' view, rationalizing capital investments and deployments based upon demand signals and capacity requirements, and reducing the Company's overall operating expenses.”
Source: SEC 8-K→
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