Intel plans to reduce approximately 20,000 people, representing more than 20% of all employees, and under the new CEO, will make a full-scale restructuring into a technician-led organizational structure.
🟦Intel plans 20,000 restructuring: new CEO reform start
Rice IntelAbout 20,000 reductions, which is over 20% of employeesIt was reported that I was planning. This follows a reduction of 15,000 in 2024Continuous restructuringIt is a measure that forms the core of the company’s structural reform.
This large-scale staffing became CEO in March 2024Lip Boo TanUnder the initiative of, we have left the traditional bureaucratic management system andEngineering driven corporate cultureThere is a aim to rebuild “. Tan puts “replenishment of lost engineer personnel” and “review of manufacturing and financial structure” as top priorities, and this restructuring will proceed as part of that.
🟦AI competition defeat and worsening revenue are in the background of reform
Intel has recently been in the AI semiconductor marketGreatly behind Enubidia, The data center and HPC markets are also losing their competitiveness. With this effect, after 2023Sales decrease and deficit for 3 consecutive yearsIt was in the process of a radical overhaul of management.
After taking office, Tan clarified his position to significantly transform his business structure to date, and proceeded with the sale of non-core departments (eg, 51% of his subsidiary Altera shares to US investment funds) while strengthening his financial base. And we are accelerating the system of engineer emphasis.
🟦 Summary
Intel20,000-scale headcount reduction in the largest number of people in the pastStep on. This move will be held by new CEO Lip Boo TanEngineer-led corporate reformIt is a core measure, aimed at financial consolidation and restructuring of AI competitiveness.
Huge companies like Intel have strengths in terms of stability and track record, but in rapidly evolving areas like AI, their size and regime can sometimes be a stepping stone to change. Hmm.
