Intel Layoffs 2024 Bloomberg. Plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.  — intel corp., the biggest maker of personal computer processors, tumbled the most in three months on friday after giving a lackluster forecast for the current period, indicating that it’s still.

Plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.  — intel is looking to eliminate thousands of jobs as a way to cut costs and fund plans to recover from market share loss and reduced earnings, bloomberg reported.