Intel market position

Intel Layoffs: Major Restructuring Under New CEO

Intel Layoffs: Major Restructuring Under New CEO

Gregg Kell
July 28, 2025

Recent news of Intel layoffs has sent ripples through the technology sector as the chipmaking giant faces unprecedented challenges in a rapidly evolving market.With the appointment of new CEO Lip-Bu Tan, Intel is embarking on a significant restructuring strategy aimed at reviving its market position and improving financial performance.