Layoffs: Big Announcement..! 25000 employees will lose their jobs at once, big IT company announced
Intel Layoffs Intel is preparing for the biggest reshuffle in its history. The company will lay off more than 25000 employees by the end of 2025. This step has been taken at a time when the company is facing financial setbacks. The company is struggling to gain an edge in the AI field.
New Delhi. In this era of internet, there are as many chances of getting a job as there are of losing it. This year, many big companies have announced layoffs. Now the name of another giant IT company has been added to this episode. According to The New York Times report, chip maker Intel is planning to cut more than 25,000 jobs (Intel Layoffs) as it prepares for a major change.
The company wants to reduce its workforce to about 75,000 by the end of 2025. It is moving forward with this goal.
The report says that the job cuts will be through a mix of layoffs, retrenchment of employees and other actions. The news of Intel’s layoffs (Intel layoffs news) has created fear in the minds of employees.
The company has fired so many people so far
According to The New York Times report, Intel has cut its workforce by about 15% or about 15,000 since April 2025. This comes after cutting more than 15,000 jobs last year.
Intel has confirmed the scale of the layoffs (Intel cut off news) while releasing its financial results for the second quarter of 2025. The company has reported a net loss of US$2.9 billion. Revenue for the April-June quarter remained stable at US$12.9 billion. However, it was still better than market expectations.
Intel was once the most profitable company
Intel was once one of Silicon Valley’s most profitable companies. The company gained fame in the 1990s on the strength of sales of microprocessor chips that act as electronic brains in personal computers.
But the company missed out on the smartphone boom and also failed to take advantage of huge demand for chips used in artificial intelligence, a sector dominated by Nvidia.
News