Intel Layoffs April 2024. Intel’s on a long, long road to recovery, and over 15,000 workers will no longer be coming along for the ride. Intel confirmed to crn it has made an unspecified number of layoffs as part of a reorganization of its sales and marketing group.

Shares of tech stalwart intel slipped modestly amid a job cut announcement. The transition to the new operating model will enable intel foundry to become profitable and increase unrealized value by $100 billion.