Intel Layoffs 2024 India Reasons. The computing giant will lay off somewhere between 15,000 and 19,000 employees, according to the verge. 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.

Intel announced plans to lay off more than 15 per cent of its workforce, some 17,500 people, and suspend its dividend starting in the fourth quarter as it expects third. Intel early this month unveiled the second leadership shakeup for 2024 in its intel foundry, bringing in two outsiders to oversee a crucial aspect of intel ceo pat.