Intel Layoffs 2024 Arizona

Intel Layoffs 2024 Arizona. 4,631 employees were laid off in total from these layoffs. The chipmaker just announced it’s downsizing its workforce by 15 percent as part.

Most recently, intel announced layoffs impacting 11% of the workforce in the fall of 2022 with a plan to cut $3 billion in costs over the next year. The latest cuts come four months after intel secured $8.5 billion in subsidies from the federal chips act to expand in arizona, ohio and oregon.