Intel’s Strategy Chief Exits as Company Prepares for Massive Layoffs and Division Shutdowns
Safroadu Yeboah-Amankwah, Intel’s Chief Strategy Officer, is stepping down today, June 30, 2025—just weeks before the company initiates a sweeping 20% global workforce reduction starting July 15. The layoffs are part of a broader restructuring strategy that includes shutting down Intel’s automotive-chip division, a surprising pivot amid growing EV and AI integration.
Image Source: Intel
What’s Behind the Exit?
Yeboah-Amankwah joined Intel in 2020 from McKinsey & Co. and played a key role in:
- Driving Intel’s "IDM 2.0" strategy for chip foundries
- Leading AI transition planning
- Expanding business in emerging markets
While no official reason has been given, insiders suggest his exit is linked to:
- Clashes over the future of Intel’s automotive and IoT units
- Investor pressure to cut costs and boost profitability amid growing competition from Nvidia and AMD
Layoffs & Restructuring Details
Starting July 15, Intel will:
- Lay off nearly 20% of its global staff
- Shut down the automotive-chip division, once seen as a future growth driver
- Refocus on AI compute, server chips, and foundry services
This move aligns with a broader 2025 trend where tech giants pivot away from legacy hardware to chase AI efficiency and revenue.
Also Read: Jeff Bezos Marries Lauren Sánchez in $50M Venice Wedding with Hollywood’s Elite in Attendance
Industry Reactions
- Analysts call it “bold but risky,” with potential talent loss during a crucial tech transformation.
- Some insiders fear this will delay automotive partnerships already in place with firms like BMW and Stellantis.
- Investors are watching closely as Intel tries to realign its strategy without alienating its core markets.
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