Intel Forecast Spurs Expense and Jobs Cuts

April 24, 2025, 4:35 pm

Intel’s latest earnings report revealed a gloomy outlook, prompting plans to trim operational, capital expenses and workforce cuts. The disappointing guidance sent investors scrambling for reassurances, as the chip giant grapples with slowing demand and competitive pressures. A series of reports confirm that internal management isn’t sparing any expense cuts—even if it means more layoffs.

techinasia.com / Intel warns tariffs could lead to recession risks

Despite strong Q1 from chip stockpiling, Intel's weak Q2 forecast disappointed analysts, causing a 5% stock drop.

techinasia.com / Intel sees surge in demand for older chips as uncertainty grows

Michelle Johnston Holthaus, head of Intel’s product division, said customers are hedging against tariffs.

tomshardware.com / Intel's AI PC chips aren't selling well; instead, last-gen Raptor Lake booms

Intel announced that its new AI PC chips aren't selling as well as expected. As a result, it faces a shortage of production capacity for its 'Intel 7' process node, and the company expects this shortage to "persist for the foreseeable future."

theregister.com / New Intel boss is all about ‘de-laborating’ the x86 giant – aka job cuts

Thousands face ax, more given RTO orders in quest to suck less Intel's new CEO Lip-Bu Tan is swinging the ax again, with another round of layoffs incoming as Chipzilla tries to reboot its core.…

cnbc.com / Intel CFO says tariffs increase chance for economic slowdown, recession getting likelier

Intel's revenue forecast included a "wider than normal" range, which the company said was due to uncertainty caused by tariffs

tomshardware.com / Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate

Intel CEO Lip Bu-Tan announced a series of sweeping measures today, including an unspecified number of layoffs, a company restructuring, the elimination of non-core products, and a return-to-office mandate, as the company presented its first-quarter earnings report.

techcrunch.com / Intel mandates four days in the office

Intel says that it’ll require employees to work from the office four days a week, a shift from the company’s current policy. CEO Lip-Bu Tan made the announcement during Intel’s Q1 2025 earnings call on Thursday. Previously, Intel allowed staff to work from home two days a week, but Tan said...

wsj.com / Intel Cuts Outlook, Says Layoffs Are in Store

The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove challenging.

venturebeat.com / Intel’s new CEO signals streamlining efforts but does not spell out exact layoff numbers

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.

cnbc.com / Intel issues weak guidance, says it will slash expenses this year

In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital expenses in the coming year.

www.ft.com/ / Intel to slash capex as chipmaker contends with Trump trade war - Financial Times

Intel to slash capex as chipmaker contends with Trump trade war Financial Times

bloomberg.com/technology / Intel (INTC) Delivers Disappointing Forecast, Moves to Slash More Jobs - Bloomberg.com

Intel (INTC) Delivers Disappointing Forecast, Moves to Slash More Jobs Bloomberg.com

permalink / 12 stories from 9 sources in 8 hours ago #earnings #intel #semiconductor #restructuring #ceo #layoffs #techindustry #remote-work #enterprise #employment #cpus #layoffs #restructuring #return-to-office #leadership #ai #chips #trade-policy #uschinatrade #tariffs #recession #revenue #technology #marketconditions

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Intel Forecast Spurs Expense and Jobs Cuts

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