Intel Layoffs 2024 India Job Cuts

Intel Layoffs 2024 India Job Cuts. Intel has announced its latest move in a string of workforce reductions, revealing plans to cut 235 jobs at its research and development base in folsom, situated in sacramento county. According to a layoff tracking and analysis firm, the tech industry has made over 1,30,000 job cuts since january 2024.

The layoff is expected to affect as many as 17,500 employees, and may begin as early as this week, say media reports. Intel is set to cut 15,000 jobs as part of a strategy to save $10 billion by 2025.