Intel is laying off 15,000 employees and will cut $10 billion in costs

Illustration by Alex Castro / The Verge Intel’s on a long, long road to recovery, and around 15,000 workers will likely no longer be coming along for the ride. The chipmaker just announced it’s downsizing its workforce by 15 percent as part of a new $10 billion cost savings plan for 2025, which Intel says will mean a headcount reduction of “roughly 15,000 roles”.
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