Intel Layoffs April 2024. 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. The chipmaker just announced it’s downsizing its workforce by 15.

Intel was reporting financial results for its factory business for the first time as it prepares to offer contract manufacturing services to other chip companies. Intel has revealed several rounds of layoffs in california under a state law that requires notification of.