Intel’s layoff numbers

Intel’s layoff numbers

Some bad numbers for Intel.

  • Intel has laid off over 23,000 people since the end of 2022.
  • Intel lost 16,000 of those jobs in 2024 alone
  • In Nov 2024, Intel reported it had 108,900 workers – which puts it back to at 2018 employment levels, but is generating $18 billion less in annual revenue than 2018
  • Productivity has dropped. In 2020, the company generated more than $700,000 in revenue per employee. By 2023, that figure had dropped to under $440,000.
  • Employee count
    • 2024 Workforce: Intel reported 108,900 employees for the fiscal year ending in December 2024. 
    • Previous Employees Numbers: In 2022, Intel had 131,900 employees. 

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