

Infineon, a German chipmaker, plans to cut 1,400 jobs globally, including positions in Regensburg. CEO Jochen Hanebeck cited revenue misses and sluggish demand. Intel also announced layoffs of over 15,000 employees as part of a cost-saving initiative. The tech industry has seen over 100,000 job cuts in 2024.


Infineon, a German chipmaker, plans to cut 1,400 jobs globally, including positions in Regensburg. CEO Jochen Hanebeck cited revenue misses and sluggish demand. Intel also announced layoffs of over 15,000 employees as part of a cost-saving initiative. The tech industry has seen over 100,000 job cuts in 2024.
•CEO Jochen Hanebeck cites revenue misses and sluggish demand.
•Intel announces layoffs of over 15,000 employees as part of a cost-saving initiative.
•Tech industry witnesses over 100,000 job cuts in 2024.
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