Intel to Cut Up to 20% of Global Workforce in 2025

Intel, a company that makes computer chips, is planning to let go of a lot of its workers.

They want to cut around 20% of their staff, which is a big number.

This is happening because the company is facing some money problems and needs to save.

They're also dealing with competition from other companies and haven't been doing as well selling their products.

The layoffs will mostly affect the people who work in their factories.

The company got some money from the government, but things aren't going as planned, and they've had to delay opening a new factory.

The company is trying to get better at what it does.