Get the latest tech news
Intel is laying off over 15,000 employees and will stop ‘non-essential work’
That’s a lot of layoffs.
“Our Q2 financial performance was disappointing, even as we hit key product and process technology milestones,” admits Intel CEO Pat Gelsinger in the company’s press release. Microsoft recently followed Apple’s lead in ditching Intel chips for its latest slate of consumer hardware, including the Surface Laptop and Surface Pro, and launched its whole Copilot Plus PC initiative exclusively with Qualcomm, without waiting for Intel (or AMD)’s new flagship laptop chips to join them. Intel previously had a big round of layoffs in October 2022, when it also announced it would cut between $8 and $10 billion in costs every year through 2025.
Or read this on The Verge
