Internal restructuring
Location of affected unit(s)
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.0 - Computer programming, consultancy and related activities

12,000 jobs
Number of planned job losses
Job loss
Announcement Date
19 April 2016
Employment effect (start)
19 April 2016
Foreseen end date
30 June 2017


Intel has announced job cuts of around 12000 staff by mid-2017, representing 11% of the company’s workforce. This will be made up of voluntary and involuntary redundancies, and is expected to save US$1.4 billion, half of which will be achieved this year. The cuts are as a result of falling PC sales, and instead the company will shift focus towards cloud computing and its data centre. Since the announcement, Intel shares have fallen by over three per cent despite rising profits, and by 13 per cent since the beginning of last year, as global PC shipments fell by 11.5% in the first quarter of 2016. Part of the cause of these losses is a deduplication of roles as a result of the US$16.7 billion acquisition of programming company Altera in January. Intel are mirroring wider changes in strategy in the industry, with both Microsoft and IBM moving away from PCs to other forms of computing.


  • 19 April 2016: The Guardian
  • 19 April 2016: The Financial Times
  • 19 April 2016: The Wall Street Journal
  • 19 April 2016: The New York Times


Eurofound (2016), Intel, Internal restructuring in World, factsheet number 87306, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/87306.