There is air of cuts in Intel. The American company would be about to announce one New wave of layoffs. According to direct sources and sector newspapers, over 20% of the workforce risks the place. There is talk of tens of thousands of employees, in what promises to be the greatest renovation of recent years.
The official announcement should arrive shortly, together with the financial results of the first quarter 2025. The new Lip-bus Tan CEO, which came in office in March, which aims to reduce the internal bureaucracy, leads to this turning point. Cut costs and bring the engineering culture back to the center.
Renovation in progress: thousands of places at risk
The plan arrives after complicated years for Intel: revenues fall and the stock exchange has lost over 60% in the last five years. The last renovation dating back to last year has already cut about 16 thousand seats. Now a new screw tour is prepared, which could bring the total number of employees well below 100 thousand units.
The strategy seems to be to streamline, simplify and put the car on motorbike. Intel’s goal is to return competitive in an increasingly crowded tech market, in which every delay is expensive. To do this, he will also have to leave behind a structure judged too slow and heavy.
The Lip-Bu Tan plan
Lip-bub tanmanager with long experience in the sector, has not lost time. Shortly after his settlement, he spoke of courage and patience. In fact, he is the only way to return to the saddle is to change.
Among the first moves already announced: the 51% sale of the Alter DivisionA, specialized in programmable chips, at the Silver Lake fund. A sign that indicates the intention of focusing only on the technological heart of the company, leaving behind everything that is considered “not essential”.
Tan wants to reconstruct what, over time, Intel has lost: the innovative thrust, the rapidity in decisions, the ability to truly respond to customers’ needs. In business language, this also means making difficult choices such as renovation plans, or large cuts to staff.
