Intel Layoffs 2024 India Job Cuts

Intel Layoffs 2024 India Job Cuts. Chipmaker intel says it is cutting 15% of its huge workforce — about 15,000. Intel had previously announced job cuts in october 2022.

The company expected those cost reductions would save as much as $10 billion by 2025. 2, the day after it announced quarterly results, the job cuts and the dividend suspension.