Intel to lay off 15,000 employees
Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday.
Intel announced it would layoff more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in 2025, following a dismal second quarter earnings report and outlook.
Many more big corporations will definitely do the same one after the other. This is part of the #ai revolution. People get ready.
There is a lot of copycat going on.
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