Intel is reportedly planning to lay off 20 percent of its workforce, feeding recession fears

6 months ago 7

There's been a lot of talk online about "recession indicators" over the past few months. Now, we have a big one.

Intel is reportedly preparing for its largest round of layoffs ever.

According to a new story from Bloomberg, Intel is set to announce a massive 20 percent reduction in its workforce. This would mark the second time in less than a year that the company laid off employees. In August 2024, Intel cut 15,000 workers. After ...

Source: https://mashable.com/article/intel-20-percent-workforce-layoffs

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