Intel Layoffs 2024 Bloomberg. Ceo gelsinger embarks on ambitious effort to regain share. Intel is planning to cut costs by eliminating thousands of jobs this fall, bloomberg reported tuesday, forecasting that the chipmaker’s sales and marketing.

Growth will pick up modestly in the second half of 2024, and total sales will increase 3 per cent to us$55.7 billion for the full year, according to wall street estimates. The planned layoffs come after intel announced that it would begin cutting jobs in october 2022.