Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Intel, the American semiconductor and cloud software provider, has announced plans to cut about 21,000 jobs globally.
The layoffs will affect manufacturing sites and foundry operations in the United States, Germany, China and Israel, although exact figures remain unknown. In Ireland, 195 positions will be cut by the end of September 2025 (Intel 2025-IEThe automotive chip division in Munich will be closed.
Some employees will be offered relocation options, and the manufacturing operations are being reorganised.
The layoffs aim to streamline operations, reduce bureaucracy, and rebuild an engineering-driven culture following years of underperformance and market losses. The cuts follow 15,000 layoffs in 2024 Interl 2024-WO.
Intel had 108,900 employees at the end of 2024. It has manufacturing sites in the United States, Israel, Ireland, and Malaysia.
A previous restructuring event has been recorded in the ERM Events database in 2022:Intel 2022-WO
Updated, 25/07/2025: It is announced that Intel plans to cut about 24,500 jobs worldwide by the end of 2025. Intel has also sold some businesses, slowed factory expansion plans, and consolidated operations. Construction of new facilities in Poland and Germany has been cancelled, while packaging operations will be consolidated in Vietnam and Malaysia.
Eurofound (2025), Intel, Internal restructuring in World, factsheet number 202994, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/202994.
This working paper offers a comprehensive methodological overview of the European Restructuring Monitor (ERM) databases. Even though the methodology has not changed over time, new categories have been added, and the way it has been used by researchers and policymakers...
This Eurofound research paper explores key trends in restructuring in recent years, highlighting the companies that announced the largest job losses and job gains in the EU. It builds on an analysis of company announcements recorded in Eurofound’s European Restructuring...
In 2023, thousands of workers in big tech lost their jobs. Meta, Amazon, Google, Apple, Microsoft and Salesforce had been considered to offer good and secure jobs up to this point. Giants of the information and communication technology (ICT) sector,...
In 2024, the automotive sector in the EU came to the fore in public and policy discussions. The focus was on the slowdown in electric vehicle (EV) sales, rising global competition, belated investments in new technologies, and the potential closure...
The more employee monitoring resembles surveillance – with its systematic, continuous and detailed tracking of employees' activities, behaviours or communications – the greater the potential for infringement of both privacy and data protection rights. Although the EU General Data Protection...
Since 2013, Eurofound's ERM database on restructuring-related legislation has been documenting regulatory developments in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The most recent update to the...
