Layoffs at Intel, Microsoft, and Meta Platforms aim to boost innovation and profitability.

From Nasdaq: 2025-06-30 10:24:00

Intel Corporation (INTC) is winding up its automotive architecture business, leading to layoffs of 15-20% of its global workforce. This move aims to focus on core operations, freeing up resources for R&D in PC and data center segments. 107 employees at the Santa Clara headquarters will be affected.

Microsoft Corporation (MSFT) has laid off 6,000-7,000 employees to boost AI innovation and reduce organizational layers. Resources are reallocated to high-growth AI areas like Azure AI. Meta Platforms, Inc. (META) conducted layoffs affecting around 3,600 employees, prioritizing AI-powered discovery businesses and trimming non-core roles in hardware, AR/VR, and software development.

Intel shares have declined 26.4% over the past year. The company’s price/sales ratio is currently at 1.91 forward sales, lower than the industry average of 14.78. Earnings estimates for 2025 and 2026 have decreased over the past 60 days. Intel stock carries a Zacks Rank #3 (Hold).

Zacks Investment Research highlights a top semiconductor stock with strong earnings growth and a growing customer base positioned for AI, Machine Learning, and IoT demand. Global semiconductor manufacturing is projected to reach $803 billion by 2028. Download 7 Best Stocks recommendations for free for the next 30 days.

Get free stock analysis reports for Intel Corporation (INTC), Microsoft Corporation (MSFT), and Meta Platforms, Inc. (META) on Zacks Investment Research. Learn more about how layoffs can impact operating expenses and Intel’s future prospects on Zacks Investment Research.



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