Intel is reportedly planning to lay off 15-20% of its factory workers, which translates to approximately 11,000 employees worldwide. The official reason cited for this move is to reduce costs and increase efficiency. However, the layoffs will be selective, with a focus on preserving key engineers in lithography EUV and High-NA EUV, while eliminating roles that are deemed redundant due to automation. As a result, the company's bureaucracy may be slightly reduced, but the remaining employees will likely face increased workload and reduced operational flexibility. Notably, half of Intel's 108,900 employees are currently engaged in production, and the uncertainty surrounding funding for the CHIPS Act and Oregon subsidies has raised questions about the company's future prospects.