Intel Layoffs 2024 Toyota. Intel is laying off thousands of employees to recover from financial losses and adapt to market changes, driven by a significant drop in their stock price and challenges in. The decision follows a disappointing second.

Intel, the silicon valley chip maker, said on thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series of. Intc) initiated a new round of job cuts this week, impacting an undisclosed number of employees in its sales and marketing unit.