Intel
TechnologyAI-Cited LayoffsUnited States1 layoff round tracked
15,000
Total Jobs Cut
August 2024
Most Recent
15,000
Largest Single Layoff
Yes
AI Cited
Layoff Timeline
August 2024
15,000 jobs cut(15% of workforce)
AI-CITED
Reason: Poor Q2 results; costs too high, margins too low; pivot to AI chips
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About Technology Layoffs
Other Technology Layoffs
Sources
Computerworld
Poor Q2 results; costs too high, margins too low; pivot to AI chips
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