Intel to lay off up to 20% of Intel Foundry workers

Intel plans to lay off 15% to 20% of its Intel Foundry division workforce starting in July 2025, according to an internal memo reported by The Oregonian. The Intel Foundry division, which designs, manufactures, and packages semiconductors for external clients, will see significant job cuts, although the exact number of affected employees has not been disclosed. With Intel's total workforce at approximately 108,900 as of December 2024, this reduction represents a substantial downsizing within the division. These layoffs align with strategic changes initiated by Intel’s CEO Lip-Bu Tan, who took over in March 2025 and has focused on streamlining the company’s core business units, flattening organizational structure, and reinforcing an engineering-first approach. The move follows previous layoffs of around 15,000 employees in August 2024 and was foreshadowed by Tan’s statements at the Intel Vision conference earlier in the year. Intel has not provided further details beyond the internal memo