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Intel is laying off 24,000 employees and retreating from some countries from The Verge - All Posts RSS feed.

Intel is laying off 24,000 employees and retreating from some countries

In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in the company’s Q2 2025 earnings, it has revealed that Intel will dramatically shrink as a result of […]