Intel Pull Out Of Germany, Poland, And Costa Rica As New Ceo Shrinks The Company By A Third

In April, Intel attempted to denote layoffs without announcing layoffs. “We person not group immoderate headcount simplification target,” Intel spokesperson Sophie Metzger told The Verge. But nan institution has laid disconnected thousands of labor since — and today, successful nan company’s Q2 2025 earnings, it has revealed that nan institution will dramatically shrink arsenic a consequence of those layoffs. Intel says it will retreat from planned projects successful Germany and Poland, extremity its operations successful Costa Rica, and decorativeness 2025 pinch conscionable astir 75,000 labor successful total.

Since Intel employed 109,800 group astatine nan extremity of 2024, that intends nan institution is pushing retired astir 33,000 group this twelvemonth — shrinking nan full institution by astir one-third.

In Costa Rica, where Intel employs complete 3,400 people, nan institution is apparently done: it will “consolidate its assembly and trial operations successful Costa Rica into its larger sites successful Vietnam.” In Germany and Poland, wherever it was readying to walk tens of billions of dollars respectively on “mega-fabs” that would employment 3,000 workers, and connected an assembly and trial facility that would employment 2,000 workers, nan institution will “no longer move guardant pinch planned projects” and is apparently axing them entirely.

Developing…we’re adding much to this communicative from Intel’s net study now.