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Major announcement in chip sector: Intel will kick 20% of employees

Major announcement in chip sector: Intel will kick 20% of employees

Intel stand at a technology conference Photo source CFOTO / IMAGO STOCK & PEOPIA / Profimedia

Intel will announce this week his plans to reduce over 20% of his workforce, in an efficiency of operations and reduce bureaucratic inefficiencies, Bloomberg News wrote on Tuesday, citing a person who knows the subject.

According to the material, redundancies are part of a broader reorientation strategy towards an engineering focused. His shares increased by over 4.5% on Wednesday in the preoping of the American scholarship.

The company based in Santa Clara, California, had 108,900 employees at the end of 2024, according to official information consulted by Reuters.

The redundancies mark an important step under the leadership of the new Executive Director Lip-Bu tan, who took over the leadership of Intel last month, to revive the American company in difficulty, after years of management challenges and errors.

Last month, Reuters wrote that Tan planned a reform of the production and artificial intelligence (IA) operations, after the difficulty company has lost its leading position in the production of chips in favor of TSMC in Taiwan and, in recent years, has missed the opportunity to take advantage of the growing demand for the processors, to allow the processors, markets.

Tan has already started to thin the Intel management team and has appointed a new head of the AI ​​Directorate to fulfill Intel ambitions in terms of artificial intelligence.

However, the company's plans in terms of artificial intelligence remain insecure after relegated to Falcon Shores chips to internal tests, inters remaining without a competitive product on the artificial intelligence market.

The planned dismissal follows a significant labor reduction in August last year. Intel had then announced that he would reduce his workforce by 15%, following the strategy of recovery of former Gelsinger Pat General Manager, who was to restore Intel's leader in the production of chips.

Gelssinger's ambitious plans for Intel did not arouse the confidence of the company's board of directors, who considered that the recovery strategy did not work and that the progress of change was not fast enough, which led to its dismissal at the end of last year.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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