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Massive Changes In Store for Intel, Starting with Job Cuts

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Another massive round of layoffs is coming up as Intel announces job cuts at the company. As a part of Intel’s cost-cutting measures and its ambitions to reshape the business entirely, the company will let go of more than 15 percent of its workers in the upcoming months. The company currently employs over 125,000 workers according to The Verge, and the number of employees affected by Intel’s job cuts could range between 15,000-19,000. There is no clear timeline for when they will begin the process, but the CEO intends to complete the process by the end of this year.

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