Intel is reportedly preparing to initiate job cuts starting mid-July, marking the first major workforce move under newly appointed CEO Lip-Bu Tan. As per a recent report, the company circulated an internal message to employees, describing the decision as “deeply challenging” but necessary to strengthen its position in an increasingly competitive industry landscape.

An internal memo obtained by The Oregonian/OregonLive revealed that Intel plans to initiate layoffs in mid-July, with the process expected to wrap up by the end of the month. The company framed the decision as part of its strategy to create a “leaner and more responsive” Intel Foundry, which serves as its in-house production division.

Although the memo didn’t specify the number of jobs being cut or identify affected locations, insiders shared that individual departments have been given autonomy to carry out the reductions, provided they align with the financial objectives outlined by top executives.

Intel, in a public statement, said, “Removing organisational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution.” The company added that decisions were made after ‘careful consideration’ to better position Intel for the future, and that affected employees would be treated with ‘care and respect.’

According to figures from the layoff tracking platform Layoffs.fyi, over 61,220 tech workers have already lost their jobs in 2025, affecting employees across 130 different companies. Here’s a brief summary of the latest workforce reductions involving major industry players like Microsoft and Google.

Microsoft mass layoffs

On May 13, Microsoft—based in Redmond—announced a significant round of layoffs, cutting 6,000 roles in what is its largest job reduction since 2023. This accounts for about 3% of its global workforce of 228,000. The cuts impacted teams across multiple departments and regions, with roughly 2,000 jobs eliminated in Washington state alone.

Google mass layoffs

Google, meanwhile, continues to streamline its operations following several previous rounds of layoffs earlier this year. In April, it slashed several hundred positions in its Platforms & Devices division, which includes Android, Pixel, and Chrome. These reductions came after voluntary exits and earlier layoffs in its cloud business in February.

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