Intel Layoffs July 2024 Usa

Intel Layoffs July 2024 Usa. The bulk of the layoffs are expected to be completed this year. Intel, august 1, 2024 announcement.

Intel said on thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chipmaker pursues a. Thousands of intel employees are expected to be laid off later this month to cut costs amid a steep decline in demand for pc processors, according to bloomberg.