Intel Layoffs July 2024 News. 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. Intel plans yet another round of job cuts this summer, according to a fresh report from bloomberg that says the chipmaker will eliminate โthousandsโ of jobs across the.
Layoffs that intel announced last summer got underway in earnest this week as the company. Intel faces fresh challenges as it announces over 2,000 layoffs in the u.s., part of a broader restructuring plan amidst stiff competition.