In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,†Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a result of those layoffs. Intel says it will retreat from planned projects in Germany and Poland, end its operations in Costa Rica, and finish 2025 with just around 75,000 employees in total.
Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year — shrinking the entire company by roughly one-third.
In Costa Rica, where Intel employs over 3,400 people, the company is apparently done: it will “consolidate its assembly and test operations in Costa Rica into its larger sites in Vietnam.†In Germany and Poland, where it was planning to spend tens of billions of dollars respectively on “mega-fabs†that would employ 3,000 workers, and on an assembly and test facility that would employ 2,000 workers, the company will “no longer move forward with planned projects†and is apparently axing them entirely.
(Intel has had a presence in Poland since 1993, however, and the company did not say its R&D facilities there are closing.)
Developing…we’re adding more to this story from Intel’s earnings report now.
Original Source: https://www.theverge.com/news/713388/intel-q2-2025-leave-germany-poland-costa-rica
Original Source: https://www.theverge.com/news/713388/intel-q2-2025-leave-germany-poland-costa-rica
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