INTC · 10-Q · 2026Q3 · Full report
Headcount / Restructuring
INTEL CORP · 2026-10-30 · Importance 40 · Surprise 42 · In source text
Intel’s 2025 Restructuring Plan had total expected and cumulative costs of $2.2 billion as of September 26, 2026; most actions were completed in 2025, with the remainder expected by the fourth quarter of 2026. The 2024 Restructuring Plan had incurred approximately $3.2 billion in total charges, with remaining actions expected to be completed in the fourth quarter of 2026. Charges under the 2025 plan primarily include employee severance and benefits, non-cash asset impairment, and accelerated depreciation associated with exits and consolidations.
Key facts
- Intel has incurred approximately $3.2 billion in total charges under its 2024 Restructuring Plan, with the remainder expected to be completed in Q4 2026. source
- Intel's 2025 Restructuring Plan had total expected and cumulative costs of $2.2 billion as of September 26, 2026; the substantial majority of actions were completed in 2025, with the remainder expected by Q4 2026. source
- The substantial majority of actions under Intel's 2025 Restructuring Plan were completed in 2025, with the remainder expected to be completed by Q4 2026. source
- Intel's 2024 Restructuring Plan was substantially complete by the end of 2025, with the remainder expected to be completed by Q4 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | probable | — | Intel has incurred approximately $3.2 billion in total charges under its 2024 Restructuring Plan, with the remainder expected to be… |
| operating_income | negative | probable | — | Intel's 2025 Restructuring Plan had total expected and cumulative costs of $2.2 billion as of September 26, 2026; the substantial majority… |