Intel plans to cut its global workforce by 15% amid a restructuring effort following a net loss of $2.9 billion in Q2 2025 despite revenue exceeding expectations. The company aims to improve organizational effectiveness and become more agile by reducing management layers by 50%. Plans to build new chip factories in Germany and Poland have been canceled, and a full return to office policy is set to begin in September. Strategies to reduce reliance on TSMC have not yet shown results, and Intel acknowledges its reduced ranking in the semiconductor industry.
All of this is designed to drive organizational effectiveness and transform our culture. We will become a faster, more agile, and more vibrant company.
We will eliminate bureaucracy and empower engineers to innovate with greater speed and focus. And we will reduce our costs to enable investments in future growth.
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