Intel Layoffs April 2024. Intel is planning to eliminate thousands of jobs to save costs and fund its recovery from market share losses and earnings slump, according to bloomberg. The company is facing a $7 billion operating loss in its product design business and plans.

The company faced a steep. As intel begins trimming 15,000 jobs from its global workforce, the chipmaker is offering buyouts ranging from 13 weeks of pay to more than a year, depending on how.