Intel Layoffs 2024 India Response. Intel revealed plans to cut around 15,000 jobs, which amounts to 15% of its workforce, as a strategic move to save $10 billion by 2025. India’s it sector laid off around 20,000 techies during the calendar year 2023, in a manner known as a “silent layoff,” according to data shared by all india it & ites employees'.
Intel plans to cut thousands of jobs to finance recovery. Intel initiates fifth round of layoffs, further job losses in 2024 expected.
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