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Intel (NASDAQ: INTC) Considers Massive Layoffs Under New CEO, Potentially Cutting 50% of Workforce

Intel is supposedly considering critical workforce reductions under its new CEO, Lip-Bu Tan. Agreeing to later reports, cutbacks seem influence up to 50% of workers as portion of a procedure to drag the company out of money related troubles and anticipate a potential insolvency.

Earlier, in February 2025, Intel had as of now reported a 15% workforce decrease (around 15,000 workers) to spare $10 billion by 2025. At the time, the company advocated the move as a fundamental step to optimize costs and adjust to changing advertise conditions.