Intel Laid Off 2024. Intel corp.plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses. In its q2 2024 earnings report, the company confirmed that it plans to reduce headcount by greater than 15% with the majority completed by the end of 2024. in a.
Intel, which employed 116,500 people as of june 29, excluding some subsidiaries, said the majority of the job cuts would be completed by the end of 2024. According to the verge, the headcount reduction is more.
