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		<title>There is going to be a big layoff in Intel 10 Thousand People Will Lose Their Jobs at Once</title>
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		<pubDate>Wed, 18 Jun 2025 17:42:36 +0000</pubDate>
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					<description><![CDATA[<p>Intel (Intel), one of the world&#8217;s largest chip -making companies, is going to sort 15...</p>
<p>The post <a href="https://fastnewsglobe.com/there-is-going-to-be-a-big-layoff-in-intel-10-thousand-people-will-lose-their-jobs-at-once/">There is going to be a big layoff in Intel 10 Thousand People Will Lose Their Jobs at Once</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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										<content:encoded><![CDATA[<p></p>
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<p style="text-align: justify;">Intel (Intel), one of the world&#8217;s largest chip -making companies, is going to sort 15 to 20 percent of the employees in its manufacturing unit since July 2025. This decision can lead to jobs of more than 10,000 people. This retrenchment is considered to be one of the biggest in the history of the company.</p>
<p style="text-align: justify;"><strong>Factory and research team will affect</strong></p>
<p style="text-align: justify;">This trimming will affect Intel&#8217;s Foundry Division, which includes 15 fab plants of the company. This includes factory technicians to researchers who designed new chips. That is, the trimming can range from the ground level to the high technical team.</p>
<p style="text-align: justify;"><strong>Neither Byout, nor Retirement Scheme</strong></p>
<p style="text-align: justify;">Like last time, this time Intel will not give any option of voluntary retirement or byout. Whose performance has been weak, or which is no longer left, his job can go. The company says that this decision is very difficult, but it is necessary to see the current financial conditions.</p>
<p style="text-align: justify;"><strong>Strict strategy of new CEO</strong></p>
<p style="text-align: justify;">CEOs who came in March 2025 are bringing major changes to Lip-Bo Tan Company. He believes that more and better work can be done than less people. In April, he announced a reduction of 20 percent of the employees in the entire Intel and now this action is starting in the foundry division.</p>
<p style="text-align: justify;"><strong>Three -time trim, in a year</strong></p>
<p style="text-align: justify;">In August 2024, Intel finished 15,000 jobs.</p>
<p style="text-align: justify;">In the beginning of 2025, there was a plan to remove 20% and employees.</p>
<p style="text-align: justify;">And now the third time is being trimmed, which is happening at the factory level.</p>
<p style="text-align: justify;">All these Chhatanas are being done to rescue the company from losses and bring them to the path of benefit again.</p>
<p style="text-align: justify;"><strong>Who will be spared, who is not?</strong></p>
<p style="text-align: justify;">Those who are engaged in advance technology, lithography machines, and critical research in the technical team are not at the moment. But those whose machines have now been replaced or whose projects have been closed, may have to lose their jobs.</p>
<p style="text-align: justify;"><strong>Why do you have to do such a big trimming?</strong></p>
<p style="text-align: justify;">Intel incurred a loss of $ 821 million in the first quarter of 2025.</p>
<p style="text-align: justify;">A subsidy of $ 7.9 billion from the US government is stuck.</p>
<p style="text-align: justify;">In AI, chips and data sectors, companies like NVIDIA are getting a tough competition.</p>
<p style="text-align: justify;">For all these reasons, Intel needs to reduce spending and make fast decisions.</p>
<p style="text-align: justify;"><strong>Will Intel rises again?</strong></p>
<p style="text-align: justify;">Intel&#8217;s decision is harsh, but the company&#8217;s compulsion is also reflected. This will affect thousands of families. Now the question is whether this trimming will be able to bring the company on the path of profit again, or will it spoil the position of the company further? This coming time will tell only.</p>
<p style="text-align: justify;"><strong>Also read: No matter how much decline in the market &#8230; This mutual fund always gives thatch returns, know the name here</strong></p>
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		<title>Layoff in the It Company Intel Thousands of Employees May Be Asked To Resign</title>
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		<pubDate>Sat, 26 Apr 2025 15:04:36 +0000</pubDate>
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					<description><![CDATA[<p>Intel, the world&#8217;s famous chip -making company, is preparing for a big change. It is...</p>
<p>The post <a href="https://fastnewsglobe.com/layoff-in-the-it-company-intel-thousands-of-employees-may-be-asked-to-resign/">Layoff in the It Company Intel Thousands of Employees May Be Asked To Resign</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="article-hstick-inner">
<p style="text-align: justify;">Intel, the world&#8217;s famous chip -making company, is preparing for a big change. It is reported that Intel may announce to reduce more than 20 percent of its staff this week. The company&#8217;s new CEO Lip-Bow Tan, who has taken over last month, is taking steps towards making the management slim and increasing the focus on engineering.</p>
<p style="text-align: justify;"><strong>What is the whole matter?</strong></p>
<p style="text-align: justify;">According to the report of NDT Profit, this step of the company is part of the effort to reducing bureaucracy and re -strengthening the basic identity of Intel, ie technology and innovation. Even before this, in August last year, Intel had trimmed around 15,000 employees. By the end of 2024, the number of employees of the company had come down to 1,08,900, compared to 1,24,800 in 2023. However, Intel has not made any official comment on this news.</p>
<p style="text-align: justify;">Despite this, the market has given a positive reaction on this news. In the pre-market trading, Intel&#8217;s shares jumped up to 3.5 per cent before the New York Stock Exchange opened. However, in the last 12 months, the company&#8217;s shares have fallen by about 43 percent.</p>
<p style="text-align: justify;"><strong>Company going through difficult times</strong></p>
<p style="text-align: justify;">This change of Intel is an attempt to get out of the difficult period when the company lost the lead compared to its rivals. Especially in the case of AI computing, companies like NVIDIA have won. The sales and deficit that has been falling for three consecutive years has put Intel into deep difficulty.</p>
<p style="text-align: justify;">Lip-boo tan, who has been associated with the first cadens design systems, is now taking the initiative to re-erect Intel. Their plan is to sell the company&#8217;s non-essential business units and focus on more powerful products. In this direction, last week Intel decided to sell 51 percent of its programmable chip unit Altera to Silver Lake Management.</p>
<p style="text-align: justify;"><strong>It will take a long time for Intel to stand again</strong></p>
<p style="text-align: justify;">Tan recently said that Intel would have to bring back his engineering talent, strengthen the balance sheet and manufacture the manufacturing according to the needs of the customer. On Thursday, Intel will present its first quarter results. It is believed that then Tan will tell his strategy in more detail. However, according to Wall Street&#8217;s estimates, the worst phase of the fall in Intel&#8217;s sales has probably passed, but it may take many years to return to the company&#8217;s old level.</p>
<p style="text-align: justify;"><strong>Also read: First did it expensive then cheap &#8230; What is this game of Donald Trump going behind gold?</strong></p>
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