
The last few years have been rough for Intel, with the company downsizing its workforce relatively frequently. Just last month, Intel announced that it would be laying off thousands of US workers in order to focus on AI restructuring.
Today, after revealing this year's Q2 earnings, the chip manufacturer revealed that it would be consolidating its total employee count to 75,000 "core employees," which The Verge calculates means there will be roughly 24,000 people let go.