Intel Layoffs, $10B Cost Cuts
This is a news story, published by MSN, that relates primarily to Intel news.
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IntelEntrepreneur
•Intel plans to cut costs by $10 billion by next year after reporting a $1.6 billion loss for Q2 2024
78% Informative
Intel announced layoffs affecting more than 15,000 people on Thursday .
The tech giant is aiming to cut costs by $10 billion by next year .
The majority of the layoffs will happen by the end of the year .
Intel has already reduced staff by about 5,000 from March to June .
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