Intel Layoffs 2024 India Response. Intel said it plans to lay off 235 employees at its research and development facility in folsom. Intel reduced its workforce about 5% in 2023 to 124,800 by year’s end as the company said that it expected those cost reductions would save as much as $10 billion by 2025.
From january to june 2024, startup companies slashed almost 11,250 jobs, in comparison to 21,000 jobs in the first half of 2023. Intel ceo pat gelsinger confirms that the.
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