Intel Layoffs 2024 India Future Plans. Intel plans to cut thousands of jobs to finance a recovery and cope with eroding market share, bloomberg news reported on tuesday, citing people familiar with. Intel layoffs the chipmaker reduced its workforce about 5% in 2023 to 124,800 by year’s end after announcing job cuts beginning in october 2022.

Recent data revealed that 32. 15,000 employees to face job cuts as chipmaker eyes $10 billion cost savings plan.