Semiconductors

Employment trends and layoff analytics for the Semiconductors industry.

38,300
Total Affected
Since Jan 2024
3
Layoff Events
Across all companies
2
Companies
With layoffs
12,767
Avg per Event
Employees affected
0
Confirmed
Company verified events
1
Multi-Source
Multiple source verification
0
Severance Data
With severance information

Layoffs Over Time

By Sector

Technology
38,300

Most Common Reasons

Intel initiated a comprehensive strategic restructuring and efficiency drive to regain its competitive edge in the semiconductor industry, particularly amid intensifying competition from rivals like Nvidia in the AI market. This involved significant cost-cutting measures, a focus on AI chip production and factory streamlining, and a commitment to becoming a more financially disciplined foundry. Key actions included halting major planned factory projects in Germany and Poland, decommissioning and gradually closing the assembly and test operations in Costa Rica while consolidating them to larger facilities in Vietnam and Malaysia, and slowing the pace of construction for a new plant in Ohio. The restructuring also aimed to optimize the global production network, improve return on invested capital, and strengthen the core product portfolio by focusing resources on high-return projects and advancing the artificial intelligence roadmap. The company also streamlined management layers and reduced its R&D budget by axing multiple projects and initiatives.
1 event
STMicroelectronics implemented a voluntary separation program affecting 2,800 employees, aligning its workforce with anticipated market slowdowns. This restructuring is aimed at adapting to changing market conditions in the semiconductor industry.
1 event
Unknown
1 event

Most Affected Departments

Intel Foundry division
20,500
Management
20,500
Research and Development (R&D)
20,500
Engineering
20,500
Technicians (support roles)
20,500
Network and Edge Group (Nex - spun off)
20,500

Most Affected Locations

US
41,000
Germany
20,500
Poland
20,500
Costa Rica
20,500
Ireland (Co Kildare)
20,500
Ohio
20,500
Oregon
20,500

Companies in Semiconductors

Intel
INTC
35,500 employees affected · 2 events · Technology
STMicroelectronics N.V.
STMEF
2,800 employees affected · 1 event · Technology

Recent Layoff Events

DateCompanyEmployeesReason
Jul 1, 2025
Intel 5 sources
20,000-25,000 (24.0%)
Intel initiated a comprehensive strategic restructuring and efficiency drive to regain its competitive edge in the semiconductor industry, particularly amid intensifying competition from rivals like Nvidia in the AI market. This involved significant cost-cutting measures, a focus on AI chip production and factory streamlining, and a commitment to becoming a more financially disciplined foundry. Key actions included halting major planned factory projects in Germany and Poland, decommissioning and gradually closing the assembly and test operations in Costa Rica while consolidating them to larger facilities in Vietnam and Malaysia, and slowing the pace of construction for a new plant in Ohio. The restructuring also aimed to optimize the global production network, improve return on invested capital, and strengthen the core product portfolio by focusing resources on high-return projects and advancing the artificial intelligence roadmap. The company also streamlined management layers and reduced its R&D budget by axing multiple projects and initiatives.
Apr 1, 2025
STMicroelectronics N.V.
2,800 (5.6%*)
STMicroelectronics implemented a voluntary separation program affecting 2,800 employees, aligning its workforce with anticipated market slowdowns. This restructuring is aimed at adapting to changing market conditions in the semiconductor industry.
Aug 1, 2024
Intel
15,000 (17.0%*)
Not specified