Layoffs 2024 Intel. Intel posted a 38.7% gross margin, a notable 4.8 percentage points below. It's not just workforce reductions hitting intel, as the company said it will reduce r&d and marketing spending by billions annually through 2026 to help reduce costs and reach.
10,083 employees laid off โ see all june 2024 tech layoffs; Intel kicked off the month with substantial layoffs,.