Intel Will Shut Down Its Automotive Business, Lay Off Most of the Department's Employees

Intel is shutting down its small automotive division and laying off most of its staff in that group as part of broader cost -cutting efforts to refocus on core businesses like client computing and data centers. Oregon Live reports: "Intel plans to wind down the Intel architecture automotive business," the company told employees Tuesday morning in a message viewed by The Oregonian/OregonLive. The company said it will fulfill existing commitments to customers but will lay off "most" employees working in Intel's automotive group. "As we have said previously, we are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers," Intel said in a written statement to The Oregonian/OregonLive. "As part of this work, we have decided to wind down the automotive business within our client computing group. We are committed to ensuring a smooth transition for our customers." Automotive technology isn't one of Intel's major businesses and the company doesn't report the segment's revenue or employment. But online, the company boasts that 50 million vehicles use Intel processors. Intel says its chips can help enable electric vehicles, provide information to drivers and optimize vehicles' performance. Intel also owns a majority stake in the Israeli company Mobileye, which develops technology for self-driving cars. It doesn't appear the closure of Intel's automotive group will directly affect Mobileye's operations. Read more of this story at Slashdot.

Jun 25, 2025 - 15:01

Intel Will Shut Down Its Automotive Business, Lay Off Most of the Department's Employees

Intel is shutting down its small automotive division and laying off most of its staff in that group as part of broader cost -cutting efforts to refocus on core businesses like client computing and data centers. Oregon Live reports: "Intel plans to wind down the Intel architecture automotive business," the company told employees Tuesday morning in a message viewed by The Oregonian/OregonLive. The company said it will fulfill existing commitments to customers but will lay off "most" employees working in Intel's automotive group. "As we have said previously, we are refocusing on our core client and data center portfolio to strengthen our product offerings and meet the needs of our customers," Intel said in a written statement to The Oregonian/OregonLive. "As part of this work, we have decided to wind down the automotive business within our client computing group. We are committed to ensuring a smooth transition for our customers." Automotive technology isn't one of Intel's major businesses and the company doesn't report the segment's revenue or employment. But online, the company boasts that 50 million vehicles use Intel processors. Intel says its chips can help enable electric vehicles, provide information to drivers and optimize vehicles' performance. Intel also owns a majority stake in the Israeli company Mobileye, which develops technology for self-driving cars. It doesn't appear the closure of Intel's automotive group will directly affect Mobileye's operations.