Intel Bleeds Red, Plans 15 Workforce Layoff and 10B Cuts For 2025

Intel Layoffs 2025 India Job Cuts. Intel planning to layoff more than 200 people from December 31, here is These cost-saving measures are expected to save Intel up to 10 billion dollars by 2025. Intel, which employed 116,500 people as of June 29, excluding some subsidiaries, said the majority of the job cuts would be completed by the end of 2024.

Intel previously had a big round of layoffs in October 2022, when it also announced it would cut between $8 billion and $10 billion in costs every year through 2025 Layoffs at Intel aren't new, but this round feels different

Intel plans thousands of job cuts in face of PC slowdown The Star

These cost-saving measures are expected to save Intel up to 10 billion dollars by 2025. The company has also cut back on spending in other areas Intel said in May its sales there would take a hit after Washington revoked some of the chipmaker's export licences for a customer in China

Indian IT companies witnessing 'silent layoffs' What the industry body. In order to save $10 billion by 2025, the company is cutting costs through layoffs, operational efficiencies and other measures According to the report, this adds to the more than 1,000 jobs already cut at the site since January 2023

Intel Layoffs 2024 What to Know About the Latest INTC Job C. The company has also cut back on spending in other areas Layoffs at Intel aren't new, but this round feels different