Intel Layoffs: Company Starts Fresh Job Cuts, Sacks 107 Employees Linked To Headquarters
Last Updated:June 26, 2025, 19:02 is Intel has begun layoffs affecting 107 employees in Santa Clara as part of a restructuring plan. CEO Lip-Bu Tan aims to cut $500 mn in expenses this year and $1 bn next year. Intel’s New CEO Lip-Bu Tan has been working on sweeping reforms at Intel, including a revamp…