The tech industry is undergoing a seismic shift with over 112,000 job cuts in 2025, driven by AI adoption and economic headwinds. Giants like Amazon, Intel, and TCS have slashed thousands of roles ... Intel is set to lay off over 10,000 employees, impacting 15% to 20% of its Foundry workforce. This move, part of a larger restructuring strategy initiated by new CEO Lip-Bu Tan, aims to address financial challenges and reduce costs. , Companies, Times Now Intel Corporation will lay off between 15% and 20% of its Intel Foundry division workforce beginning July 2025. The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the layoffs beyond its earlier estimate of 4,000 jobs.
