Intel is set to reduce its workforce by approximately 24,000 positions this year, impacting operations across the U.S., Germany, Poland, and Costa Rica. This restructuring involves project cancellations and a shift in manufacturing strategies.

The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced that it will let go of nearly 24,000 employees this year, that is approximately one out of four people who have worked there at the end of 2024.