Intel will fit one of the toughest blows in its history. One directed directly to its chips factories

“These decisions are difficult, but they are essential to face the challenges we are already facing the company’s current financial situation. It is very painful.” These words They are part of the statement That Naga Chandrasekaran, the manufacturing vice president of Intel, sent the employees of this company last Saturday. In his concrete message that the Board of Directors is preparing A template reduction that will range between 15 and 20%as well as most of the cuts will arrive in July.

The challenges a Those who currently face Intel They exceed the other challenges that he has faced during his more than half a century of history. The leadership that has sustained for decades in the manufacturing industry of integrated circuits is in the hands of The Taiwanese company TSMC since the mid -2000s. In addition, the stagnation during the last years of the PC market and the slowness with which Intel has participated in the industry of the industry of the artificial intelligence (AI) have placed it in a very compromised position.

In July 2024, the company that at that time led Pat Gelsinger gave a tremendous batacazo in the stock market. Their actions fell 30% in a few days and stabilized in the value they had in 2011. In addition, Intel lost $ 1.6 billion During the second quarter of 2024 and its year -on -year income fell by 1%. These circumstances triggered a crisis that still persists today.

This cut will have an inevitable impact on Intel factories

Last August 2 Intel announced that was about to start a structural adjustment plan that pursued to reduce the costs of the company and increase its agility when adapting to the challenges that the market currently imposes. Its objective was to fire 15% of the workforce (more than 15,000 employees) and reduce costs by approximately 10,000 million dollars. Pat Gelsinger had declared shortly before Intel was inefficient because he had an excessively complex structure.

Not even Gelsinger himself “survived” this regeneration process. On December 2 This executive came out in a somewhat precipitated way of the company, whose course was uncertain until last March 18 Lip-bu took the reins of Intel. This veteran physicist and nuclear engineer He hastened to confirm that two of the pillars of its strategy would pursue reinforce the company’s position in the AI ​​market and reposition Intel as a leading company in the integrated circuit manufacturing industry.

Shortly after his arrival It was leaked that lip-bu so He planned to launch a new cut of the Intel template in a clear attempt to reduce their operating expenses, among which personnel costs or marketing expenses are counted. The figure that the company shuffled on this occasion amounted to 20% of its workforce, which in practice implied to dispense with approximately 20,000 workers. These people join the more than 15,000 employees of which Intel has dispensed with during the last months of 2024.

Now we know something else. From the statement that Naga Chandrasekaran has sent just four days ago to Intel employees it follows that during the next weeks they will be forced to leave their jobs Between 8,000 and 10,900 factor workers That has this company disseminated throughout the planet. However, presumably the most affected plant will be the largest of all: that of Oregon (USA). It is still early to identify how this measure will affect the competitiveness and performance of Intel factories, but its size invites us to anticipate that it will have a deep impact on the production infrastructure of this company.

Image | Intel

More information | Oregon Live

In Xataka | Intel has confirmed that the 20A node will be skipped to reduce expenses. The 18A node will enter production in 2025