Intel Layoffs 2024 Reddit. Man i really hate how these ceos are. The chipmaker is making the cuts amid growing competition with amd and nvidia, according to bloomberg.
Intel’s recent earnings report didn’t look promising, despite its chips still being included in several of the best laptops, as the company conveyed a loss of $1.6 billion for q2. While headcount dipped roughly 5 percent in 2023 (from 131,900 employees to 124,800 employees), intel hired its way back to 130,700 employees as of march 30th, 2024, its financial records show.