Intel Layoffs 2024 India Impact On India. Several companies have announced layoffs to cut costs, and intel has taken a different approach to avoid cutting thousands of jobs. The layoffs will impact roughly 17,500 people.
According to the tracker layoffs.fyi, tech companies have laid off more than 124,000. Intel is cutting thousands of jobs to finance a recovery and cope with eroding market share, bloomberg news reported citing people in the know.