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The Intel corporation is going through its worst crisis in recent times. Since 2023, thousands of layoffs have been made, and according to Bloomberg sources, over 21,000 people (20% of the company’s workforce) are expected to be let go soon.

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By the end of 2024, Intel had around 108,900 employees, a significant number even after thousands of people were laid off. If this new wave of layoffs occurs, the company’s workforce will be less than 100,000 for the first time in recent history.

In 2023 and 2024, Intel laid off around 15,000 people each year, which is not the total number of layoffs for both years. Therefore, in just two years, the number of employees could drop from 131,000 to less than 90,000, a significant impact on the company’s workforce.

New Direction under Intel’s New CEO

Under new leadership, with CEO Lip-Bu Tan, Intel is changing its posture, selling parts of its internal divisions for billions of dollars to increase its cash reserves and cutting costs to try to alleviate the current situation that has been dragging on since 2023.

Moreover, the company has expressed its desire to increase the production of its own chips, optimizing processes to reduce its dependence on TSMC. However, the situation with the 18A lithography has been controversial. The company has stated that production is going well, but different rumors always point to a negative situation in this regard.

The CPUs Panther Lake for notebooks were supposed to arrive in the market this year, marking the debut of the 18A lithography. However, plans changed, and now mass production is expected to begin in 2025, with the launch for consumers scheduled for sometime in early 2026.

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