Intel Layoffs 2024 Oregonian. Intel is planning to cut costs by eliminating thousands of jobs this fall, bloomberg reported tuesday, forecasting that the chipmaker’s sales and marketing organization could. Intel held a succession of layoffs last year as its workforce shrank from about 132,000 to 125,000 over the course of 2023.

The plan to swing the ax. 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 tuesday.