Intel Layoffs 2024 India Employees Affected

Intel Layoffs 2024 India Employees Affected. The tech industry faced another surge in layoffs in july 2024, with over 8,000 professionals losing their jobs, bringing the year's total to 124,517 across 384 companies. Intel announced plans to lay off over 15,000 employees as part of a strategy to address the company's recent financial losses this year.

The chipmaker just announced it’s downsizing its workforce by 15 percent as part. Intel is cutting thousands of jobs to finance a recovery and cope.