Intel Pulls the Plug on Automotive Business Amid Massive Layoffs – Research Snipers

Intel not only wants to relieve thousands of employees again soon, but also plans to hire all activities in the automotive sector. The company now wants to delete all jobs in this division.

Intel informs employees about their soon to throw out

According to a report by the US newspaper The Oregonian Today Intel has informed all affected employees that they are given their automotive division. The “Intel Architecture Automotive Business” will be handled, according to the company in an email to his workforce. According to Intel, all currently existing obligations towards customers are still to be met.

However, the “most” employees in the Intel Automotive Group should lose their workplace, it said. Intel justifies the step with the concentration of the company on the core business.

Focus on client and server processors

In the email, there is talk of focusing on the core portfolio of client and data center products in order to better serve the needs of their customers and to improve their own product range. The automotive wing of Intel housed in the client product group should therefore be closed. Intel obviously does not see the core business in his automotive business, but still advertises on his website that intel chips worldwide are in 50 million vehicles worldwide.

Until the end, these chips should make electric cars possible, provide information for drivers and optimize the vehicle performance, it also says. The new Intel CEO Lip-Bu Tan had already made it clear when he took office in April that the employees had to adjust to massive cuts over the next few months. However, he has not yet publicly commented on his plans, but in the past few weeks there have always been reports of extensive layoffs among the chip giant.

It was only recently to be heard that up to 20 percent of the employees in the production division. In the last week, Intel announced that basically the entire marketing team should be put outside the door. Instead, marketing is outsourced to the advisory group Accenture, which with the help of artificial intelligence is to take on most activities around the marketing of Intel’s products.

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