Intel Layoffs 2024 Reddit. Most of the cuts will be made by the end of 2024; Intel will also suspend its dividend starting the fourth quarter of 2024, which means it has halted payments it was planning to give shareholders.
According to bloomberg, intel is slashing jobs to cut costs and help. Santa clara โ intel has disclosed plans for massive layoffs that will lead to a loss of 15,000 jobs worldwide, a restructuring ushered in by โdisappointingโ results for the legendary tech titan.