Intel Layoffs 2024 India News. Intel is cutting thousands of jobs to finance a recovery and cope with eroding market share, bloomberg news reported citing people in the know. 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.

Listen to this article 2 min. Intel ceo pat gelsinger informed employees that the company is cutting jobs in order to save money and reduce costs.