Intel is going for mass layoffs!

Intel, which was revealed to have made a huge loss in the past few days, found the solution again in mass layoffs. According to allegations, the company, which has a staff of nearly 133 thousand, will part ways with approximately 10 thousand employees. It is thought that the main reason for this decision is the negative financial statement announced by the company recently. Here are the most important details about the subject…

Intel will make mass layoffs

With this latest decision, Intel management aims to regain the trust of investors by ensuring economic sustainability. It is thought that this situation, which has created a great deal of unrest within the company, will have a negative impact on share values ​​in the short term. It is known that the company, which has undergone a visible shrinkage in the last two years, aims to launch a giant chip initiative with an increased budget due to decreasing labor costs.

It was claimed that the department that would lose the most personnel in the latest layoff frenzy would be the sales and marketing department. However, while the company management avoids giving too much detail on the issue, they want the dismissal procedures to be handled quietly. Intel, which announced some 2030 targets in the past weeks, is expected to make many more radical decisions for this. We hope that all these developments will benefit users at the end of the day.

So what do you think about this issue? Do you think Intel will be able to achieve good success in its new initiatives? Do you use Intel products? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.