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TechRadar

Craig Hale

THE TRUTH ABOUT: Intel confirms plans to lay off 15 000 employees following poor 2024 performance | History Defined

Intel Corporation Patrick Gelsinger

Intel has confirmed plans to lay off 15% of its workforce, totalling around 15,000 employees, confirming previous speculation.

The decision follows a disappointing second quarter and is part of a broader strategy to achieve $10 billion in cost savings by 2025.

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