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Intel pulls out of Germany, Poland, and Costa Rica projects as new CEO shrinks the company by a third

in Technology
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Intel foundries lost $13 billion last year, but its losses are no longer historic
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In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told noti.group. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a result of those layoffs. Intel says it will retreat from planned projects in Germany and Poland, end its assembly and test operations in Costa Rica, and finish 2025 with just around 75,000 employees in total.

Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year — shrinking the entire company by roughly one-third.

Intel has had a presence in Poland since 1993, however, and the company did not say its R&D facilities there are closing. (Intel had previously pressed pause on the new Germany and Poland projects “by approximately two years” back in 2024.)

The company is also cutting back in Ohio: “Intel will further slow the pace of construction in Ohio to ensure spending is aligned with market demand.”

Developing…we’re adding more to this story from Intel’s earnings report now.

[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]

Tags: IntelNewsTech
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