Intel is preparing to lay off 1,000 managers across its global operations as part of an ongoing cost-cutting programme.
The job cuts span all management levels and will be carried out over the coming days, the company said.
"This step is important because it addresses a key problem we've found in our efficiency analysis: slow and ineffective decision-making resulting, in part, from too many management layers."
Intel began a corporate restructuring earlier this year seeking to cut $1bn in annual expenses. The reorganisation follows a drop in the chipmaker's revenues in the face of fierce competition from smaller rival AMD.
AMD has taken a technology lead in the CPU market in recent years with the introduction of the world's first 64-bit x86 processors and the first dual-core chips.
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