Intel is shutting down its enterprise devoted to creating processors for vehicles. In a memo seen by The Oregonian, Intel tells employees that it plans to put off “most” workers within the division, citing plans to shift focus to its “core shopper and knowledge middle portfolio.”
“As a part of this work, we have now determined to wind down the automotive enterprise inside our shopper computing group,” Intel writes within the memo. “We’re dedicated to making sure a easy transition for our clients.” Intel didn’t instantly reply to The Verge’s request for remark.
Through the years, Intel has invested closely in its automotive enterprise, which builds chips that energy a automotive’s infotainment system, instrument clusters, and different controls. Intel’s know-how runs in more than 50 million vehicles, and up till now, it appeared set on increasing its attain. Final yr, it announced new AI-enhanced chips for cars that may assist enhance a automobile’s navigation system and voice assistant. It revealed plans to convey its Arc GPU to vehicles as properly.
Intel’s newly appointed CEO, Lip-Bu Tan, said in April that the company would wish to “cut back the scale” of its workforce within the second quarter of 2025 as a part of plans to get the chipmaker again on observe. The corporate additionally knowledgeable workers of layoffs coming to its foundry enterprise as properly, according to The Oregonian, and a latest WARN (Employee Adjustment and Retraining Notification) discover in California suggests layoffs impacting 107 workers at its Santa Clara headquarters.