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Intel to cut 21,000 jobs, pause Europe fab projects under restructuring drive
Digitimes
By Levi Li
Jul 24, 2025, 11:58 pm
393 pts
Top
Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a sweeping cost-reduction and restructuring effort, according to Bloomberg and Yonhap News Agency.
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