[News] Intel Reportedly to Launch Mid-July Layoffs, Mass Cuts to Hit Global Manufacturing

According to ijiwei, citing OregonLive, Intel has reportedly informed its factory employees this month that layoffs will begin in mid-July, with the initial round expected to be completed by the end of the month, as disclosed in an internal memo from executives reviewed by OregonLive.

The memo does not specify how many jobs Intel intends to cut or which areas will be affected, the report notes. Meanwhile, Techgig points out that the layoffs will mostly impact Intel’s factory workforce, with its internal manufacturing arm—Intel Foundry—at the center of the restructuring.

Notably, according to ijiwei, Chinese social media users have also reported that Intel China may carry out layoffs affecting up to 20% of staff, with some teams facing even deeper cuts. The outcome is reportedly expected later this month, ijiwei notes.

Intel’s Israel Manufacturing Site Reportedly Also Targeted in Job Cuts

Intel’s latest round of layoffs will reportedly also hit its Kiryat Gat manufacturing facility, according to Israeli media outlet CTech. The cuts will primarily target middle management, the report notes.

Although Intel Israel has faced multiple setbacks in recent years—ranging from widespread layoffs to the closure of various operations—the Kiryat Gat plant had remained largely untouched until now.

The move signals a shift in Intel’s stance toward its manufacturing sites, which are no longer considered exempt from restructuring, and reflects a deepening commitment to company-wide transformation, according to CTech.

Intel Israel currently employs around 9,300 people, with approximately 4,000 based at the Kiryat Gat site, CTech notes.

Intel Layoffs: A Trend with No End?

OregonLive mentions that Intel cut 15,000 jobs last year under former CEO Pat Gelsinger—the largest layoff in the company’s history—driven by mounting financial and investor pressure.

The move affected 3,000 workers in Oregon. However, Intel remains the state’s largest private employer. Employees there are now anxiously awaiting news on the next round of layoffs, OregonLive indicates.

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(Photo credit: Intel)