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Intel had over 120,000 employees after its 2022 layoffs, and its 2024 layoffs brought that total down to 108,900, but the company may downsize again. Bloomberg’s single “person with knowledge ...
That means it is currently unknown if Bloomberg’s 20% figure was correct. Fast Company has reached out to Intel for comment on the number of upcoming layoffs. What Tan did confirm is that the ...
Bloomberg said Intel plans to announce the cuts this week. The company declined comment on the report. Mass layoffs could have severe consequences in Oregon, Intel’s largest operating hub.
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Intel's upcoming layoffs to affect 20% of its staff, report claimsNow, in a bid to make itself leaner, a report from Bloomberg claims that Intel plans to cut over 20% of its staff. This isn’t the first time Intel has conducted a round of layoffs. The company ...
The tech industry continues to face significant job cuts in 2025, with over 62,000 employees laid off in the first five ...
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Intel is reportedly planning to lay off 20 percent of its workforce, feeding recession fearsNow, we have a big one. Intel is reportedly preparing for its largest round of layoffs ever. According to a new story from Bloomberg, Intel is set to announce a massive 20 percent reduction in its ...
(KRON) — Global tech giant Intel Corp. is reportedly planning to announce it’s laying off more than 20% of its staff. According to a report in Bloomberg, the chipmaker is cutting jobs in an ...
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