Intel Layoffs 2024 India Statement

Intel Layoffs 2024 India Statement. The tech industry faced another surge in layoffs in july 2024, with over 8,000 professionals losing their jobs, bringing the year's total to 124,517 across 384 companies. In april 2024, there was a wave of mass layoffs that impacted some of the world's biggest companies, including tesla, google, and apple, with about over 20,000 employees losing their jobs.

American chip manufacturer intel is reportedly planning to lay off more workers after the company witnessed a weak financial quarter owing to low pc sales globally and uncertain macroeconomic conditions. The tech industry faced another surge in layoffs in july 2024, with over 8,000 professionals losing their jobs, bringing the year’s total to 124,517 across 384 companies.