Intel Layoff 2024. Intel said on thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as the chipmaker pursues a. On monday, intel ceo pat gelsinger abruptly decided to retire after less than four years on the job.
Intel is continuing its cutback plans as it aims to complete laying off approximately 15,000 employees by the end of the year. The tech layoff wave is still going strong in 2024.