Intel to lay off up to 20% of Intel Foundry workers
Intel will start a new round of dismissals next month.
The semiconductor giant is planning to dismiss 15% to 20% of employees in its Intel Foundry Division from July, according to an internal memo originally Reported by the Oregonian. Intel Foundry designs, produces and packaging semiconductors for external customers.
It is unclear how many employees this directly influence. According to the company, Intel’s total workforce was 108,900 people from December 2024 Annual legal submission.
WAN reached for Intel for more information.
This news is not a special shock. Since the CEO of Intel Lip-Bu Tan took over in March, he has indicated Several times that the company has to concentrate again At its core company, it finishes her organizational structure and returns an engineering-first company. Rumors about these specific dismissals started in April.
Tan also said Intel’s customers that being not -core units would distract at the Intel Vision Conference of the company in March.
Intel fired 15% of its staff, around 15,000 employees, last August.
