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Intel plans to lay off 15,000 employees, or more than 15% of its total workforce, the company announced in a memo to employees Thursday.

As the tech industry moves into the mid-2020s, hiring is slowing and layoffs are piling up. Recent layoffs could have been spurred by economic worries in the midst of a slumping earning season for many companies. However, layoffs specific to the tech industry could also be due to a mad scramble to develop artificial intelligence and capitalize on a trend that hasn't yet proved to be profitable.

Intel, a company that often works closely with Austin native Dell Technologies, is the latest to be hit by layoffs.

Here's what we know about how much the company's workforce will be impacted in Austin:

How many employees does Intel have in Texas?

According to the company's website, Intel has 2,100 employees in Texas, with its biggest offices being housed in Austin. Moreover, Intel has 38 employee resource groups that are found in different parts of the state.

Intel did not clarify whether employees in Texas would be affected, but in a memo it expressed disappointment about the company's return on trends such as AI.

Layoffs in tech industry piling up in Austin

The layoffs at Intel are in line with a cutting of the fat from many tech companies in recent years. In 2024 alone, Google has announced layoffs that could affect Austin, video game software maker Unity has announced plans to cut 100 jobs in Austin, cloud computing company VMware has said it will slash 577 jobs in Austin and travel platform Expedia has said it will lay off dozens of employees in Central Texas.

Tech staffing firm Accenture has also announced layoffs affecting hundreds of workers, and in November, Cedar Park-based truck electrification startup Hyliion cut 150 people, or two-thirds of its staff, as it pivoted its focus to generators.

In March, more than 150 employees of Austin’s Rooster Teeth lost their jobs after parent company Warner Bros. Discovery decided the tech media company, which opened 21 years ago, would close its doors for good.

Compounding the anxiety looming in the tech space, two of Austin's biggest companies just implemented mass layoffs as Dell and Tesla each drastically slimmed its workforce earlier this year.

Beck Andrew Salgado covers trending topics in the Austin business ecosystem for the American-Statesman.ÌýTo share additional tips or insights withÌýSalgado,Ìýemail Bsalgado@gannett.com.