Intel Layoffs 2024 India Compensation Package. Intel ceo pat gelsinger informed employees that the company is cutting jobs in order to save money and reduce costs. Struggling financially, intel has announced the decision to layoff approx 15,000 positions, and this week is expected to be the height of the company's.
The job cuts could be announced as soon as this week and could. Intel is looking to eliminate thousands of jobs as a way to cut costs and fund plans to recover from market share loss and reduced earnings, bloomberg reported tuesday.
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