Intel Layoff 2024. The tech giant had previously announced plans to lay off a “meaningful. Intel is planning its first major layoffs in almost six years, according to a new report from bloomberg.
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In a statement to the register, intel made it clear that layoffs are very much on the table as it looks to navigate challenging economic conditions that have seen it.
The layoffs will affect around 76 employees at intel’s headquarters in santa clara and about 235 at its folsom site.
Intel plans a fresh wave of layoffs in the wake of a steep decline in revenue over the last six months.
Just a couple of weeks back, intel released a grim set of financial results.
