Intel Layoffs 2024 India Future Plans. The decision comes in response to disappointing quarterly results and aims to realign costs and revitalize its position against competitors like nvidia and amd. The layoffs, scheduled to begin on december 31, are part of a broader strategy to reduce costs by usd 10 billion by 2025.
Intel ceo pat gelsinger informed employees that the company is cutting jobs in order to. American chipmaker intel has laid off over a hundred employees in the us in order to cut down costs, a report by ians reveals.
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