CONNECT WITH US

Intel to cut 21,000 jobs, pause Europe fab projects under restructuring drive

Amy Fan, Taipei; Levi Li, DIGITIMES Asia 0

Credit: AFP

Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a sweeping cost-reduction and restructuring effort, according to Bloomberg and Yonhap News Agency.

The article requires paid subscription. Subscribe Now