Thread regarding Intel Corp. layoffs

Intel eliminates 140 jobs after dropping three of its IoT products

The Silicon Valley Business Journal reported Intel has let roughly 100 people go at its headquarters in Santa Clara, California, in a second round of layoffs this year, and The Times said more than three dozen jobs are being eliminated at a campus in County Kildare, Ireland. The Register picked up both stories this morning.

Those moves follow last month’s news that Intel was quietly discontinuing development of the company’s Galileo, Joule and Edison lines, as Hackaday reported. The compute modules were developed to power a range of IoT-based devices and applications including wearables, smart speakers and robotics.

http://www.fiercewireless.com/wireless/intel-slashes-more-than-100-jobs-after-dropping-iot-product-lines

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Post ID: @OP+O7o3KSv

5 replies (most recent on top)

Hopefully Intel will come up with the "Nervana Systems chips" solution to counter the Nvidia threat as well, in the A.I. deep learning department and tensor flow big business.

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Post ID: @1oee+O7o3KSv

Heh, heh, heh!

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Post ID: @snx+O7o3KSv

5G modem issues with iPhone? WTF are you talking about? There is no 5G modem in the iPhone, and there are no 5G iPhones in the pipeline.

Not surprising that you are worried. Cluelessness is often a source of fear.

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Post ID: @qnf+O7o3KSv

Not enough cuts. Drain the swamp!

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Post ID: @hkm+O7o3KSv

Less worried about IoT/NDG (new ventures run into several dead ends before they become real, anyway). More worried about the new AMD products and how they could eat into CCG/DCG. Even a small percentage impact would hurt us (stock holders). 5G modem issues with iPhone is another worry. Intel has recovered many times (RISC threat, various AMD threats, Chinese x86 clone threat, ARM threat etc.), and hope it does it again.

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Post ID: @nyk+O7o3KSv

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