Where Data Tells the Story
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A bar chart ranking the 2024’s biggest tech layoffs by the number of workers affected in each company. Data as of August 15th, sourced from Layoffs.fyi.
Business headwinds have prompted massive layoffs at Intel as well. The company's foundry business is struggling, with nearly $7 billion in operating losses in 2023. It's also lost key clients (Apple and Microsoft) in the PC business and hasn't yet made a splash in the graphics segment.