Intel Layoffs: Chipmaker To Cut Over 24,000 Jobs This Year As Part Of Company Restructuring

Intel Layoffs: Chipmaker To Cut Over 24,000 Jobs This Year As Part Of Company Restructuring

CEO Lip-Bu Tan says Intel plans to end the year with 75,000 "core" workers, excluding subsidiaries, via layoffs and attrition, down from 99,500 core staff at the end of last year.