diff --git a/lld/ELF/Driver.cpp b/lld/ELF/Driver.cpp
--- a/lld/ELF/Driver.cpp
+++ b/lld/ELF/Driver.cpp
@@ -1401,8 +1401,12 @@
     config->mllvmOpts.emplace_back(arg->getValue());
   }
 
+  config->threadCount = parallel::strategy.compute_thread_count();
+
   // --threads= takes a positive integer and provides the default value for
-  // --thinlto-jobs=.
+  // --thinlto-jobs=. If unspecified, cap the number of threads since
+  // overhead outweighs optimization for used parallel algorithms for the
+  // non-LTO parts.
   if (auto *arg = args.getLastArg(OPT_threads)) {
     StringRef v(arg->getValue());
     unsigned threads = 0;
@@ -1411,10 +1415,11 @@
             arg->getValue() + "'");
     parallel::strategy = hardware_concurrency(threads);
     config->thinLTOJobs = v;
+  } else if (config->threadCount > 8) {
+    parallel::strategy = hardware_concurrency(8);
   }
   if (auto *arg = args.getLastArg(OPT_thinlto_jobs_eq))
     config->thinLTOJobs = arg->getValue();
-  config->threadCount = parallel::strategy.compute_thread_count();
 
   if (config->ltoPartitions == 0)
     error("--lto-partitions: number of threads must be > 0");