Intel slashes workforce and cancels billions in projects to fight back with AI chip focus and new technology push
Billions in chip projects scrapped in Europe. INTEL TO LAY OFF 15% OF WORKERS, CANCEL BILLIONS IN PROJECTS IN BID FOR REBOUND-WSJ — First Squawk (@FirstSquawk) July 25, 2025 INTEL EMPLOYEE COUNT BY YEAR 2022: 131,9002023: 124,8002024: 108,9002025: 75,000 INTEL HAS LAID OFF NEARLY 45% OF ITS WORKFORCE OVER THE LAST 4 YEARS$INTC https://t.co/pjYvT9mYxf — …