Intel Layoffs 2024 India Reasons. In august 2024, over 27,000 tech workers were laid off from 40 companies, including intel, ibm, and cisco. Intel is cutting thousands of jobs to finance a recovery and.

The company has not officially announced the layoffs and may do so as early as this week, it was reported. Announced on thursday that it will cut approximately 15% of its global workforce, amounting to 15,000 jobs, in a bold attempt to streamline its.