Intel to cut 15000 Jobs

https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs

https://www.linkedin.com/posts/abelcak_intel-announced-its-cutting-15000-jobs-activity-7225124684147687425-Uxeb?utm_source=share&utm_medium=member_android

tl;dr

1. Across the year, more than 149,000 employees in tech were laid off from January through November 2024 alone, with August 2024 seeing the highest single-month total exceeding 26,000 job cuts.
2. Major global tech giants (...

• LinkedIn has laid off 200 employees, impacting engineering and customer support teams, as part of ongoing cost-cutting measures.
• The layoffs align with broader tech industry trends, including Microsoft's workforce reductions and AI i...