Intel

TechnologyAI-Cited Layoffs
United States1 layoff round tracked
15,000

Total Jobs Cut

August 2024

Most Recent

15,000

Largest Single Layoff

Yes

AI Cited

Layoff Timeline

August 2024

15,000 jobs cut(15% of workforce)
AI-CITED

Reason: Poor Q2 results; costs too high, margins too low; pivot to AI chips

Source: Computerworld

About Technology Layoffs

4,976,291

Total industry layoffs

46%

AI-cited events

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Other Technology Layoffs

Meta

27 rounds

569,300 jobs
Technology

6 rounds

434,000 jobs
Global Tech

4 rounds

333,000 jobs
Various Tech Companies

3 rounds

300,000 jobs
Uber

2 rounds

299,870 jobs

Sources

Computerworld

Poor Q2 results; costs too high, margins too low; pivot to AI chips

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