Intel Layoffs 2024 India Impact. Pat gelsinger revealed that the company plans to deliver $10 billion in savings by 2025. Intel said it plans to lay off 235 employees at its research and development facility in folsom.
Intel plans to cut thousands of jobs to finance a recovery and cope with eroding market share, bloomberg news reported on tuesday, citing people familiar with. That resulted in a 5% workforce reduction in 2023, bringing the.