Intel pull out of Germany, Poland, and Costa Rica as new CEO shrinks the company by a third
Briefly

Intel plans to reduce its workforce by approximately 33,000 employees this year, resulting in a total of around 75,000 employees by the end of 2025. The company will cease all operations in Costa Rica, consolidating its assembly and testing operations in larger facilities in Vietnam. Planned projects in Germany and Poland, which were expected to create significant job opportunities, will also be scrapped, marking a dramatic change in its operational strategy and workforce size.
Intel has revealed plans to reduce its workforce by approximately 33,000 positions this year, translating to a one-third reduction, ultimately leaving about 75,000 employees.
The company has announced it will cease operations in Costa Rica and halt the development of major projects in Germany and Poland, which would have created thousands of jobs.
Read at The Verge
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