Location: Santa Clara, California, USA.
Department affected: Automotive Group.
Based on news reporting.
Intel Corporation has announced the disbanding of its Automotive Group, resulting in the layoff of approximately 200 employees. This decision comes as part of a strategic shift within the company, reflecting challenges in the automotive sector and a need to refocus resources. The layoffs are effective immediately, impacting staff based in Santa Clara, California. Intel's move highlights the ongoing adjustments in the tech industry as companies reassess their operational priorities in response to market conditions.
Intel Corporation cut 200 jobs affecting its Automotive Group team as of October 1, 2023.
That is roughly 0.2% of the 124,100 people Intel Corporation employs.
LayoffTalk has tracked 94 layoff events at Intel Corporation since October 2023, affecting a combined 91,466 employees.
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