Intel set to cut over 25,000 jobs this year in major corporate shakeup

Intel is gearing up for one of the largest organizational shakeups in its history, with plans to cut over 25,000 positions by the end of 2025. The move comes as the company continues to face financial setbacks, struggles to gain ground in the AI space, and deals with an oversized operational structure.

As reported by The New York Times, the chipmaker intends to reduce its headcount to roughly 75,000 by the close of next year—a steep drop from the 108,900 employees it had at the end of 2024.