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Intel Cuts 107 Jobs Amid Major Restructuring Plan

6/26/2025

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Summary

Story summary

Intel has begun layoffs in California, impacting around 107 employees, as part of a restructuring plan.
The company plans to reduce its global workforce by up to 20%, targeting management roles and outsourcing marketing.
Intel will close its automotive division, affecting most employees there, while concentrating on core client and data center operations.
Other tech firms in the Bay Area, including Walmart and Renesas, are also cutting 567 jobs.

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Story summary

Intel has begun layoffs in California, impacting around 107 employees, as part of a restructuring plan.
The company plans to reduce its global workforce by up to 20%, targeting management roles and outsourcing marketing.
Intel will close its automotive division, affecting most employees there, while concentrating on core client and data center operations.
Other tech firms in the Bay Area, including Walmart and Renesas, are also cutting 567 jobs.