Intel Layoffs 2024. Securities and exchange commission filing. 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 tuesday.

Intel, the silicon valley chip maker, said on thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series of. If you’re intel, the answer is to boost employee morale by bringing back their free tea and coffee.