Intel Layoffs 2024 India Impact. Intel ceo pat gelsinger informed employees that the company is cutting jobs in order to. Cisco aims to cut costs by $1 billion through these layoffs and other measures.

Aug 7, 2024, 7:32 pm pdt. Intel plans to cut thousands of jobs to finance a recovery and cope with eroding market share, bloomberg news reported on tuesday, citing people familiar with the matter.