Intel(US:INTC) 是说芯语·2025-10-25 11:05Core Viewpoint - Intel is undergoing significant layoffs and restructuring under the new CEO, Lip-Bu Tan, with a total of 35,500 positions cut in less than two years to align the company with market realities [1][3]. Group 1: Layoffs and Workforce Changes - Intel announced a layoff of 20,500 employees shortly after the new CEO's appointment, adding to the 15,000 positions cut by the previous management, totaling 35,500 layoffs [1]. - As of December 28, 2024, Intel had 108,900 employees, which decreased to 88,400 by September 27, 2025, indicating a significant reduction in workforce [3]. - The layoffs primarily affected engineers and technical staff in Oregon, with only 8% of those laid off holding managerial titles [3]. Group 2: Financial Adjustments and Cost Control - Intel's third-quarter financial report for 2025 showed revenue growth, but R&D budget decreased by over $800 million (approximately 5.7 billion RMB), indicating cuts in various R&D projects [3]. - The management emphasized a focus on streamlining operations and cost control, with operational expenses expected to remain around $16 billion by 2026 [4]. - Investments will be limited to projects with clear strategic or financial returns, particularly in areas like AI and advanced packaging technologies [4][5]. Group 3: Strategic Focus and Future Direction - The new leadership aims to create a more agile and focused Intel, prioritizing high-return businesses such as client computing, data centers, AI, and foundry services [5]. - The company will only invest in new projects when there is confirmed customer demand, reflecting a shift towards cost control rather than merely cutting costs [5].