Intel Layoffs 2024 The Layoff. When it announced the new financial reporting structure on tuesday, the company said intel foundry’s “operating losses are expected to peak in 2024” as it. Intel, august 1, 2024 announcement.

Intel is looking to eliminate thousands of jobs as a way to cut costs and fund plans to recover from market share loss and reduced earnings, bloomberg reported. Aug 7, 2024, 7:32 pm pdt.