Layoffs 2024 Intel. Chip maker intel has warned that additional layoffs are expected in 2024 beyond the 235 employees it will cut at its folsom, california campus on december 31,. The company revealed layoffs will be.
Intel is looking to eliminate thousands of jobs as a way to cut costs and fund plans to recover from market share loss and reduced earnings, bloomberg reported. 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.
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