Intel 2024 Layoffs. Intel plans a fresh wave of layoffs in the wake of a steep decline in revenue over the last six months. Intel issued a statement about reports that the company is reducing its budgets by 10% in some areas, thus resulting in layoffs of up to 20% of employees in.
Intel will deliver its report after market close on april 25. Additional reporting by umar shakir.
Intel Corporation Is An Large Multinational Technology Company Headquartered In Santa Clara, California.
The chipmaker held a succession of layoffs last year but never disclosed how many oregon workers lost their jobs.
Intel's Stock Is Down 14% Since The April 2 Foundry Announcement.
At the time, intel execs said those.
Will 2024 See As Many Tech Layoffs As 2023?
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Stellantis Offer Buyouts โ Corporate Wide,โ Plans To Cut 3,500 Hourly Jobs.
Notably, this latest round of intel layoffs is the first since ceo pat gelsinger announced in october 2022 that the company planned to cut spending by as much as.
Additional Reporting By Umar Shakir.
Intel will deliver its report after market close on april 25.