Intel Continues to With the Bad News
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Intel is planning on a massive layoff of its workforce, which consists of around 125,000 people. With the recent news of two of their CPU lines damaging themselves, the bad news continues to hit Intel. I for one would not be purchasing any Intel CPUs if I was in the process of upgrading my computers. Team Red has been a constant stream of good in my opinion.
Intel’s on a long, long road to recovery, and over 15,000 workers will likely no longer be coming along for the ride. The chipmaker just announced it’s downsizing its workforce by over 15 percent as part of a new $10 billion cost savings plan for 2025, which Intel says will mean a headcount reduction of greater than 15,000 roles. The company currently employs over 125,000 people, so layoffs could be as many as 19,000 people.
Intel is laying off over 15,000 employees and will stop all ‘non-essential work’ - The Verge
