Intel reportedly plans to lay off over 21,000 employees

TechCrunch
By Ivan MehtaApr 23, 2025, 12:08 am416 ptsTop
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report. The news comes ahead of Intel’s Q1 earnings call helmed by recently appointed CEO Lip-Bu Tan, who replaced longtime chief Pat Gelsinger last year. With the layoffs,…

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