Intel is laying off over 15,000 employees and will stop ‘non-essential work’ Intel is laying off over 15,000 employees and will stop ‘non-essential work’

Tehnologie

Intel’s on a long, long road to recovery , and over 15,000 workers will 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 will mean a headcount reduction of greater than 15,000 roles, Intel tells The Verge . The company currently employs over 125,000 workers, so layoffs could be as many as 19,000 people. Intel will reduce its R&D and marketing spend by billions each