Nita Terese

Layoffs 2024 Intel. Employees with five years of service will receive four months' salary, those with over 10 years will be entitled to 10 months' salary, and employees with more than. The company revealed layoffs will be.

Intel’s restructuring moves include a target to reduce costs by $3 billion in 2023 and $8 to $10 billion by the end of 2025. The company behind the state’s biggest economic development project in history said thursday that it is cutting at least 15% of its workforce as part of a massive.