Intel to lay off 15,000 employees

Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook. “Our revenues have not grown as expected – […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Intel to lay off 15,000 employees

Intel to lay off 15,000 employees

Intel to lay off 15,000 employees

Intel to lay off 15,000 employees

Intel to lay off 15,000 employees