by Intel Corp. is set to lay off 172 employees at its Chandler, Arizona campus, according to a recent regulatory filing. The decision is part of a broader restructuring effort aimed at addressing continued financial struggles and internal inefficiencies. The company, once a dominant force in the chipmaking industry, is attempting to reinvent itself in the face of intensifying competition and repeated setbacks.
These latest layoffs come as the company prepares to announce its second-quarter earnings on July 24. In the first quarter of 2025, Intel reported a loss of $821 million, a sharp increase from its $437 million loss during the same period in 2024, despite maintaining consistent revenue around $12.7 billion. With performance continuing to lag, the company is under pressure to deliver results.
A spokesperson for Intel, Eleonora Akopyan, stated the layoffs are part of the company’s strategy to become “a leaner, faster and more efficient company,” aimed at reducing organizational complexity and enabling engineers to better meet customer demands.
Key Details:
- Layoffs: 172 jobs cut at Intel’s Chandler campus
- Total workforce (2024): Approx. 109,000 globally; 12,000 in Chandler, Arizona
- Q1 2025 loss: $821 million on $12.7 billion in revenue
- Previous year’s Q1 loss: $437 million on similar revenue
- 2024 total loss: $18.8 billion
- Past layoffs in Arizona: 385 jobs cut in 2024
- Planned national workforce cuts: Reports suggest up to 20%
- Second-quarter earnings report date: July 24, 2025
Intel has struggled with delays in manufacturing, missteps in marketing, failed acquisitions, and falling behind in the development of chips for mobile devices and AI technologies. The company has also been losing ground in both personal computer and data center segments.
Despite these setbacks, Intel has been making significant investments to revamp its operations. In 2021, it announced a $20 billion plan to build two chip factories in Chandler, projected to generate 3,000 jobs and support thousands more in the local supply chain. In 2024, the U.S. Department of Commerce granted the company nearly $8 billion to support semiconductor manufacturing and advanced packaging projects in multiple states.
Leadership changes have also played a role in Intel’s transition. CEO Pat Gelsinger was ousted late last year, and Lip-Bu Tan took over as the new CEO in early 2025. In April, Tan pledged to flatten the company’s hierarchy, streamline teams, and empower engineering staff, all while cautioning that additional layoffs could continue over the coming months.
As Intel continues to shift its focus and rebuild its market position, workers and industry analysts alike are watching closely to see whether these sweeping changes can reverse the company’s downward trajectory.
