Latest news with #WorkerAdjustmentandRetrainingNotification
News18
3 days ago
- Business
- News18
Intel Layoffs: Company Starts Fresh Job Cuts, Sacks 107 Employees Linked To Headquarters
Last Updated: Intel has begun layoffs affecting 107 employees in Santa Clara as part of a restructuring plan. CEO Lip-Bu Tan aims to cut $500 mn in expenses this year and $1 bn next year. In the latest round of layoffs, chipmaker Intel has started fresh job cuts with 107 employees connected to its headquarters in Santa Clara, California, according to a CRN report. The layoffs are part of a broader restructuring plan to turnaround the beleaguered company. According to the report, Intel has informed this to the stated of California through a notice, which is required under the California's Worker Adjustment and Retraining Notification (WARN) in case of a layoff impacting 50 or more than employees in a 30-day period. In the notice, the company said the layoffs are expected to begin July 15. In the WARN notice, Intel said employees have either received a 60-day notice ahead of their separation or a four-week notice that comes with nine weeks of pay and benefits 'in lieu of further notice", as per CRN. Additionally, the company has also decided to close down its automotive chip business, which was based in Munich, Germany, according to The Oregonian citing an internal memo. According to the memo, 'Intel plans to wind down the Intel architecture automotive business" and will lay off most of its workers in the section. Last week, reports citing CEO Lip-Bu Tan 's internal memo suggested that Intel was planning to lay off 15%-20% workers from its chip manufacturing division. In the latest statement, an Intel spokesperson, as reported by CRN, said, 'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organisational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution." 'We are making these decisions based on careful consideration of what's needed to position our business for the future, and we will treat people with care and respect as we complete this important work," the spokesperson added. Lip-Bu Tan, who assumed the role of Intel's CEO in March, said in April that the company plans to cut operating expenses by $500 million this year and another $1 billion next year. 'There is no way around the fact that these critical changes will reduce the size of our workforce," he had said. 'We must balance our reductions with the need to retain and recruit key talent," he said in the memo. 'I will empower each of my leaders to make the best possible decisions aligned with our top priorities. These decisions will not be made lightly, and we will keep you regularly informed." Tan has been working on sweeping reforms at Intel, including a revamp of its artificial intelligence (AI) roadmap and chip manufacturing operations. A key element of his plan involves trimming layers of middle management, which he sees as an impediment to faster execution and innovation. In a recent company-wide town hall, Tan cautioned employees that 'tough decisions" lay ahead. Tan, 65, previously served as CEO of Cadence Design Systems and was a member of Intel's board until August 2024. His appointment follows a challenging period for Intel, which reported a $19 billion annual loss in 2024 — its first in nearly four decades — and continues to lose market share to rivals like Nvidia and Arm, especially in the AI chip sector. Intel also announced mass layoffs in August last year. The layoffs at Intel are part of a broader trend of cost-cutting and restructuring across the tech sector. According to data from over 63,443 tech workers have already been laid off across 147 companies in 2025 so far.
Time of India
3 days ago
- Business
- Time of India
Intel layoffs begin: Company cuts roles across these teams to ‘remove organizational complexity and …'
Intel has started laying off employees, beginning with 107 workers tied to its headquarters in Santa Clara, California, reports CRN. The move is part of a larger cost-cutting and restructuring plan announced by CEO Lip-Bu Tan in April this year to turn around the struggling semiconductor company. Tired of too many ads? go ad free now According to the report, the company has filed a notice under California's Worker Adjustment and Retraining Notification (WARN) Act. In the notice, Intel said that the layoffs will begin July 15. Employees will either be given a 60-day notice or a four-week notice with nine weeks' pay and benefits. Intel job cuts: Roles impacted As part of the latest Intel layoffs , the affected roles include 22 physical design engineers, three physical design engineering managers, three system-on-chip logic design engineers, three product development engineers, four design-for-test design engineers, six cloud software architects, four cloud software engineering managers and two cloud software development engineers. 'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution,' an Intel spokesperson told the publication. 'We are making these decisions based on careful consideration of what's needed to position our business for the future, and we will treat people with care and respect as we complete this important work,' the spokesperson added. More job cuts likely across Intel divisions Intel is reportedly planning to lay off 15–20% of workers in its chip manufacturing division, according to an internal memo cited by CRN. In April, CEO Tan had warned that reducing the company's workforce was inevitable as part of efforts to cut costs by $500 million this year and another $1 billion in 2026. 'There is no way around the fact that these critical changes will reduce the size of our workforce,' Tan wrote in a memo. Tired of too many ads? go ad free now 'We must balance our reductions with the need to retain and recruit key talent,' he wrote. 'I will empower each of my leaders to make the best possible decisions aligned with our top priorities. These decisions will not be made lightly, and we will keep you regularly informed.' He also criticized Intel's past focus on team size as a measure of performance. 'The best leaders get the most done with the fewest people,' Tan stated. Intel to shift focus to core business Intel is also shutting down its automotive chip division and outsourcing many marketing roles to consulting firm Accenture. The company said both moves are part of a plan to refocus on its core business of client and data center computing. 'We are focused on modernizing our digital capabilities to serve our customers better and strengthen our brand,' an Intel spokesperson said in a statement to CRN regarding the outsourcing plan. 'Accenture is a longtime partner and trusted leader in these areas, and this engagement will allow Intel and its partners to drive better business outcomes through simpler processes and programs,' the representative added.
Time of India
3 days ago
- Automotive
- Time of India
Intel jobs cuts begin: 20% workforce cut, key units shut, and roles outsourced; Check company's layoff policy
Intel Corporation has begun a sweeping round of job cuts under CEO Lip-Bu Tan , starting with 107 employees in California, according to a notice filed under the state's Worker Adjustment and Retraining Notification (WARN) Act. The layoffs, scheduled to begin on 15 July, are the first public step in what Tan calls a broader strategy to 'become a leaner, faster and more efficient company.' The Santa Clara-based employees affected include a mix of engineers and senior managers across CPU and GPU development teams. These initial layoffs are part of a wider global wave expected to impact up to 20% of Intel's workforce, especially in chip manufacturing. Engineering, management and Foundry teams hit CRN reported that several roles tied to Intel's core chip design and production efforts are being eliminated. These include 22 physical design engineers, cloud software developers, and system-on-chip designers. The cuts extend to management ranks, with affected positions including a vice president of IT, engineering project managers, and strategy heads. A spokesperson told CRN, 'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organisational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution.' Tan, in a company-wide memo from April, had written: 'There is no way around the fact that these critical changes will reduce the size of our workforce.' He added, 'We must balance our reductions with the need to retain and recruit key talent.' Live Events Employees have been notified with either a 60-day warning or a four-week notice period, along with nine weeks of pay and benefits. The move is part of Intel's plan to reduce operating costs by $500 million in 2025 and an additional $1 billion in 2026. Automotive chip unit shuts down in Germany Beyond layoffs in the U.S., Intel has confirmed the closure of its automotive chip division in Munich. The unit, headed by Intel veteran Jack Weast, was developing software-defined vehicle platforms. Most employees in the unit are expected to be laid off. In a statement, an Intel spokesperson told CRN: 'The decision to wind down the automotive business, which resided within the Client Computing Group, is part of a move by Tan to refocus on the company's core client and data centre portfolio.' This division had been seen as one of Intel's bets on the future of mobility. But Tan appears to be redirecting Intel's efforts back to its more traditional strengths, such as CPUs and data centres, amid rising cost pressures. Marketing operations outsourced to Accenture In another major shift, Intel will outsource part of its marketing operations to global consulting firm Accenture. The transition will focus on customer communication roles, which will be increasingly handled by artificial intelligence systems. 'We are focused on modernising our digital capabilities to serve our customers better and strengthen our brand,' the company said. 'Accenture is a longtime partner and trusted leader in these areas, and this engagement will allow Intel and its partners to drive better business outcomes through simpler processes and programmes.' The outsourcing is part of a wider move to streamline non-core operations, reduce overheads, and bring in external partners for functions no longer deemed strategic. A culture shift in leadership In internal communications, Tan has pushed for a cultural reset. He has openly criticised a management style where promotions were linked to the size of a team. 'I've been surprised to learn that, in recent years, the most important [key performance indicator] for many managers at Intel has been the size of their teams. Going forward, this will not be the case,' he wrote. 'I'm a big believer in the philosophy that the best leaders get the most done with the fewest people,' Tan added. He says Intel needs small, empowered teams who can take ownership of projects and move quickly without layers of decision-making. Industry layoffs mounting in 2025 Intel's latest cuts follow a round of 15,000 layoffs in 2024. They come amid a broader wave across the tech sector. According to more than 62,000 tech workers have already lost jobs in 2025. Major players like Microsoft, Amazon, Meta, and Google have all announced staff reductions this year. The pressure on chipmakers has grown sharply as global demand shifts and competition intensifies. Intel, once the industry's uncontested leader, has struggled to maintain its edge in manufacturing and has faced delays in product rollouts. Tan's restructuring may be bold, but it is also risky. Much of Intel's future now hinges on whether these sweeping changes can actually lead to faster execution, stronger innovation, and restored confidence—both inside and outside the company.
Indianapolis Star
4 days ago
- Business
- Indianapolis Star
JCPenney closing warehouse, laying off nearly 300 workers
JCPenney is set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will permanently close its Alliance Supply Chain facility in Haslet, Texas around Nov. 1, according to a Worker Adjustment and Retraining Notification (WARN) Act Notice obtained by USA TODAY. As a result of the closure, as many as 296 employees could be laid off, though "a few" workers may be offered positions at other JCPenney locations. "While this decision was difficult, it was necessary to build a stronger, more competitive company," a JCPenney spokesperson told USA TODAY. "We appreciate the contributions of all affected associates, who had been previously notified of our decision, and are committed to supporting them with transition resources, including severance and benefits." In May, JCPenney closed seven of its underperforming locations. This came after the company shuttered more than 200 stores nationwide after filing for Chapter 11 bankruptcy protection in 2020. Here's what to know about the Alliance Supply Chain facility closure. JCPenney store closures: 7 locations shuttering May 25. Here's where. Kroger closures: Grocery store chain set to close 60 stores across the country The JCPenney Alliance Supply Chain facility is one of the company's major retail distribution centers. JCPenney has not indicated specifically why it is closing its Alliance Supply Chain facility in Haslet, Texas. A variety of positions will be affected by the mass layoffs, including jewelers, supply chain managers, mechanics and electricians, according to the WARN Notice. As many as 296 employees are set to be laid off in two waves, JCPenney's WARN notice states: 42 employees face layoffs between Aug. 1-14 and 254 employees are set to be let go between Nov. 1-14. All employees have been notified, the WARN notice states. Letters sent to employees remind them that they do not have the "contractual right to assume positions that are already filled by other associates" at other JCPenney locations, per the WARN notice.
USA Today
4 days ago
- Business
- USA Today
JCPenney closing warehouse, laying off nearly 300 workers
JCPenney is set to close a Texas warehouse and lay off nearly 300 employees this year. JCPenney announced in May it will permanently close its Alliance Supply Chain facility in Haslet, Texas around Nov. 1, according to a Worker Adjustment and Retraining Notification (WARN) Act Notice obtained by USA TODAY. As a result of the closure, as many as 296 employees could be laid off, though "a few" workers may be offered positions at other JCPenney locations. "While this decision was difficult, it was necessary to build a stronger, more competitive company," a JCPenney spokesperson told USA TODAY. "We appreciate the contributions of all affected associates, who had been previously notified of our decision, and are committed to supporting them with transition resources, including severance and benefits." In May, JCPenney closed seven of its underperforming locations. This came after the company shuttered more than 200 stores nationwide after filing for Chapter 11 bankruptcy protection in 2020. Here's what to know about the Alliance Supply Chain facility closure. JCPenney store closures: 7 locations shuttering May 25. Here's where. Kroger closures: Grocery store chain set to close 60 stores across the country What is the JCPenney Alliance Supply Chain facility? The JCPenney Alliance Supply Chain facility is one of the company's major retail distribution centers. Why is JCPenney closing the Texas warehouse? JCPenney has not indicated specifically why it is closing its Alliance Supply Chain facility in Haslet, Texas. What types of jobs will be affected by the layoffs? A variety of positions will be affected by the mass layoffs, including jewelers, supply chain managers, mechanics and electricians, according to the WARN Notice. When will layoffs occur? As many as 296 employees are set to be laid off in two waves, JCPenney's WARN notice states: 42 employees face layoffs between Aug. 1-14 and 254 employees are set to be let go between Nov. 1-14. All employees have been notified, the WARN notice states. Letters sent to employees remind them that they do not have the "contractual right to assume positions that are already filled by other associates" at other JCPenney locations, per the WARN notice. Greta Cross is a national trending reporter at USA TODAY. Story idea? Email her at gcross@
