Intel, the American chipmaker company announced layoffs in a memo to its employees saying that it is laying off 15 percent of its huge workforce which amounts to 15,000 working professionals.

Why did Intel fire 15,000 employees & is the worst layoff about to come in 2024? Explained

Going by the reasons given by the companies, the four common reasons for mass layoff are- Pandemic Boom, Over Hiring During the Pandemic, Fear Of Recession, Inflation

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Why did Intel fire 15,000 employees & is the worst layoff about to come in 2024? Explained

Mass Layoffs Reason: Why the world is witnessing a MASSIVE job loss in 2023?