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Home > News > Industry News > Intel to cut IoT jobs

Intel to cut IoT jobs

  • Author:Ella Cai
  • Release on:2017-07-04
Intel is laying off people in its IoT group following its recent cuts to three of its IoT products – the Joule, Edison and Galileo boards

97 jobs are to be lost in Santa Clara and up to 40 more in Leixlip, Ireland. 

IoT accounts for less than 5% of Intel’s sales. The group had revenues of $721 million last year, 

The news came after Intel notified the Californian employment officials of the proposed cuts. 

The cuts to the board products raised speculation that Intel is cooling on its commitment to the IoT msrket