Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its global workforce, which would equate to 21,000 workers worldwide.

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Intel, Indeed, and Glassdoor will cut 5,000+ roles. Discover the types of jobs AI is replacing, why layoffs are happening, and how to AI-proof your career in 2025.