- Intel plans to cut 20% of its workforce under new CEO Lip-Bu Tan
- The job cuts aim to “eliminate bureaucracy”
- This mirrors Meta’s 2023 “Year of Efficiency,” when it cut 13% of staff and flattened management
Intel is reportedly gearing up for another round of layoffs and it could be happening as soon as this week. A new report from Bloomberg says that 20 percent of the company’s employees could be impacted by this round of impending layoffs. If that happens, thousands of people could lose their jobs. Until last year, the company had around 1,08,900 employees.
Fresh job cuts at Intel?
Intel is said to be going through a significant shake-up under its new CEO, Lip-Bu Tan, who stepped into the role in March 2025. The reported job cuts, as per Bloomberg, are part of a broader plan to simplify leadership structures and bring the focus back to an engineering-first mindset.
A source told Bloomberg that the job cuts were happening to “eliminate bureaucracy,” which refers to reducing complicated rules, procedures, or layers of approval so that work gets done faster.
In other words, eliminating bureaucracy refers to simplifying things so that work can get done faster and more easily, without too many formalities, paperwork, or having to go through multiple levels of management.
It is to be noted that Intel hasn’t yet confirmed the move publicly which is why this information should be taken with a pinch of salt.
Meanwhile, the chipmaker has been facing mounting pressure from rivals like AMD and Nvidia, which have quickly adapted to the changing needs of the market.
Industry-Wide Trend Towards Efficiency
Intel isn’t the first company focusing on getting things done faster. Mark Zuckerberg echoed a similar sentiment in 2023, by calling it the “Year of Efficiency”.
Meta’s strategy involved cutting approximately 13% of its workforce and flattening its organisational structure by reducing layers of middle management. This initiative aimed to lead to a more agile and responsive corporate environment, enabling faster decision-making and improved productivity.
Zuckerberg had talked about the importance of eliminating redundant managerial roles to streamline operations and focus on high-priority projects. The restructuring efforts at Meta were part of a larger shift towards prioritising efficiency and innovation in response to economic pressures and the need for technological advancement.