Intel Layoffs 2024 Bloomberg. Bloomberg, citing unnamed people familiar with the company’s plans, said the planned layoffs are aimed at funding “an ambitious effort to rebound from an earnings slump. The layoffs will be announced as early as this month and some of intel's divisions, including the sales and marketing group, could see cuts affecting about 20% of staff,.

Intel’s on a long, long road to recovery, and over 15,000 workers will no longer be coming along for the ride. The planned layoffs come after intel announced that it would begin cutting jobs in october 2022.