Intel Foundry Dancers

Intel says foundry business won't break even until 14A in 2027 Intel has 15 wafer fabs in production worldwide at 10 locations. Intel does not disclose exactly how many of its employees work in

Intel is reportedly planning major layoffs in July 2025 which is expected to impact 15-20 of the workforce from its Foundry Division. Intelamp039s Foundry division is responsible for in-house chip manufacturing. The decision of job cuts is a part of companyamp039s efforts to reduce costs. Intel Layoffs in July 2025 To Affect 15-20 Workforce From Its Foundry Division Responsible for

Intel's planned 15-20 reduction in its Foundry division echoes similar major restructuring events in 2006 10,500 jobs cut, 10 of workforce and 2016 12,000 jobs cut, 11 of workforce 1 2.

The move is tied to Intel's effort to reshape its Foundry businessits internal manufacturing arminto a quotleaner and more responsivequot unit. While the internal communication did not provide specifics on the number of roles being eliminated or the locations affected, it indicated that department heads will have the flexibility to decide

Dancers perform at an Intel Foundry semiconductor manufacturing event in San Jose, California, U.S. February 21, 2024. REUTERSMax Cherney staffReuters Shares of Intel retreated early Wednesday

Intel will begin a new round of layoffs next month. The semiconductor giant plans to lay off 15 to 20 of workers in its Intel Foundry division starting in July, according to an internal memo

The announcement was made at Intel's inaugural foundry event, Intel Foundry Direct Connect - the culmination of several years of work both internally at Intel and with an external ecosystem of partners and customers. The event was also awash with special guest appearances, including U.S. Secretary of Commerce Gina Raimondo, Microsoft

Intel is reportedly cutting 15-20 of its wafer foundry workforce, beginning July 2025, to address financial pressures. This impacts up to 11,000 employees. The wafer foundry businessIntel's contract manufacturing service for other companies' chipshas long been a strategic focus of former CEO Pat Gelsinger, who viewed it as a

Source Intel. The layoffs are not surprising because new CEO Lip-Bu Tan announced workforce reductions in April of 2025. Intel had 109,000 employees at the end of 2024, and it's not clear how many of those worked in the company's Intel Foundry division. Based on estimates in the memo, the latest round of layoffs may see upwards of 10,000 jobs.

Dancers perform at an Intel Foundry semiconductor manufacturing event in San Jose, California, U.S. February 21, 2024. REUTERSMax Cherney Dancers perform at an Intel Foundry semiconductor