Intel Layoffs April 2024. Is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful. Despite a boom in artificial intelligence (ai) related stocks, intel (nasdaq:intc) stock is down by 36% so far this year as competitors have managed to.

The chipmaker just announced it’s downsizing its workforce by 15 percent as part. Are presented below the company info.