Intel Layoffs 2024 India Statement 2024. The job cuts could be announced as soon as this week and could. This month itself began with intel announcing a reduction of 15 per cent of its.

Intel is set to cut thousands of jobs as part of its efforts to recover financially and address its shrinking market share, according to a report by bloomberg news. Tech companies cut jobs at a rapid pace in august 2024 as more than 27,000 employees in over 40 companies, including big names like intel, ibm, and cisco, announced layoffs.