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Home»News»Intel reveals it will lose 33,000 employees this year and retreat in Germany, Poland, and Costa Rica
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Intel reveals it will lose 33,000 employees this year and retreat in Germany, Poland, and Costa Rica

News RoomBy News RoomJuly 24, 2025001 Min Read
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In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a result of those layoffs. Intel says it will retreat from planned projects in Germany and Poland, end its assembly and test operations in Costa Rica, and finish 2025 with just around 75,000 employees in total.

Intel has had a presence in Poland since 1993, however, and the company did not say its R&D facilities there are closing. (Intel had previously pressed pause on the new Germany and Poland projects “by approximately two years” back in 2024.)

The company is also cutting back in Ohio: “Intel will further slow the pace of construction in Ohio to ensure spending is aligned with market demand.”

Developing…we’re adding more to this story from Intel’s earnings report now.

Read the full article here

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