Intels Factory Workforce to Face Significant Cuts: 15% to 20% Layoffs Planned

American company Intel is set to **lay off** between 15% and 20% of its factory workforce. By the end of 2024, Intel had a total of 109,000 employees, but it remains unclear how many of them were part of the Intel Foundry’s lithography division.

These layoffs are attributed to the company’s current financial situation and are necessary to address accessibility issues, according to Vice President of Manufacturing Naga Chandrasekaran. He mentioned that most of the job cuts will occur in July this year.

By resolving organizational challenges and empowering engineers, Intel aims to better meet customer demands and expedite project completion, Chandrasekaran emphasized.

Throughout 2023 and 2024, Intel has **let go of** at least 23,000 workers, with 16,000 employees losing their jobs in the previous year alone. In April, reports indicated that Intel was considering further cuts of 20% of its workforce, translating to approximately 21,000 employees.

Intel’s lithography sector employs a range of specialists, from factory technicians to researchers working on innovative solutions. The company is also planning significant cuts in other divisions, impacting more than 10,000 Intel employees overall.

The layoffs will affect factory workers globally, with substantial repercussions expected for the Oregon facility, which supports 20,000 jobs—more than any other business in the state. Last year, Intel reduced its workforce by 3,000 employees in Oregon.