Intel Layoffs 2024 India Job Cuts. Intel reduced its workforce by around 5 per cent in 2023 which brought down the number of employees down to 124,800 by the end of the year, following job cuts announced. Intel, which employed 116,500 people as of june 29, excluding some subsidiaries, said the majority of the job cuts would be completed by the end of 2024.

Layoff trends in the tech sector continued in july 2024, with the loss of over 8,000 jobs across. The cuts come as intel continues yo work on its $28 billion investment in licking county where it is building two factories that will have 3,000 workers.