Intel Layoffs 2024. Intel, the silicon valley chip maker, said on thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series of stumbles. Intel is continuing its cutback plans as it aims to complete laying off approximately 15,000 employees by the end of the year.
Intel, the silicon valley chip maker, said on thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series of stumbles. This is the latest round of layoffs to hit intel since ceo pat gelsinger announced in october 2022 that the semiconductor giant planned to cut spending by as much as $10 billion.
