Santa Clara, November 11: Intel layoffs this year were targeted to affect nearly 15,000 global employees. The layoffs were significant in the tech industry highlighting chipmaker's financial struggles. After laying off the employees for cost-cutting, the tech giant re-introduced free tea and coffee to boost the morale of its employees. Intel had suspended all the complimentary beverages to reduce its expenses.

According to reports, the decision would likely boost the morale among the employees amid the challenging year. The tech layoffs among companies like Intel, Dell, and others have been concerning, as thousands of employees were sacked without any future hope of rehiring. Intel layoffs and the decision not to provide free coffee or tea were part of its cost-cutting measures. Tech Layoffs 2024: Samsung, Mozilla, X, TikTok, Qualcomm and Others Significantly Reduce Their Workforce This Year, Thousands of Employees Lose Jobs.

How Will Bringing Back Free Tea and Coffee in the Workplace Boost Morale of Employees?

Intel is one of the largest chipmakers in the world, along with NVIDIA, TSMC, AMD, Qualcomm, and others. The report said re-establishing workplace benefits like "free coffee and tea" would help the employees. Intel termed the changes as "small comforts" in the work environment. The company said it was aware of facing significant challenges; however, it assured that such small comforts would play a major role in maintaining the daily routine at the workplace.

Intel reportedly said it was a small step but hoped it would support its workplace culture. In August 2024, Intel announced a mass layoff that affected 15,000 employees worldwide. The company also cut the employees short on their additional benefits and reimbursement for internet, phone, and travel expenses. Some of the employees were also laid off via voluntary separation. Mozilla Layoffs: Tech Company’s Non-Profit Arm The Mozilla Foundation Laying Off 30% of Its Staff Amid Going Through ‘Relentless Onslaught of Changes’.

Despite Intel's decision to restore workplace perks like "free tea and coffee," the company has not yet updated about bringing back other workplace benefits like "complimentary fruits." Intel is reportedly experiencing a major setback amid its series of regrettable decisions to collaborate with other companies. Intel reportedly denied partnering with Apple to produce iPhone chips and recently denied joining hands with OpenAI. Intel thought AI would not enter the market soon; however, the rival Nvidia successfully reached new heights due to artificial intelligence.

(The above story first appeared on LatestLY on Nov 11, 2024 01:47 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).