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Intel layoffs hit sales department,

Intel HQ
Translate from : Intel fyringer rammer salgsafdeling,
Intel is initiating a new round of layoffs this week, primarily in Sales and Marketing. The changes are part of a reorganization and Intel confirms continued investment in partners.
By Maria
8 apr. 2024 11:13 am
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Intel just initiated a new round of layoffs this week that will result in a cut in its Sales and Marketing group. The news comes from CRN, which reports that an Intel spokesperson confirmed that the company had made cuts as part of its reorganization, but "did not provide any further details."

Christophe Schell leads the Sales and Marketing Group and is Intel's Commercial Director. An Intel spokesperson told CRN: "With the goal of continuing to deliver on the company's strategy and drive results for its customers, Intel's [Sales and Marketing Group] has announced changes to its organizational structure. We are confident in Intel's future and are committed to supporting all employees in this process, including treating affected employees with dignity and respect."

Vice president of Intel's North American commercial and partner sales organization, Jason Kimrey, told CRN that Intel's "partners remain a critical part of Intel's transformation, and we will continue to invest and grow with them in the future."

This is not the first round of layoffs to hit Intel. They were initiated in October 2022, when Intel CEO Pat Gelsinger announced that the company planned to cut spending by up to $10 billion through 2025 to cope with "a sudden and significant decline in demand."

Intel has not said how many employees it has laid off at the time, with CRN reporting that the only numbers "released by Intel have been for individual layoffs affecting 50 or more employees within a 30- day period at their offices in California, as required by the state's Worker Adjustment and Retraining Notification (WARN) Act."

Intel has been slowly dividing its businesses into sections as the company is in full swing to become one of the world's largest chipmakers to compete with the best in the world: TSMC. Intel Foundry is just one of those business sections, acting as an independent contract chipmaker that will compete directly with Samsung in South Korea and TSMC in Taiwan, among others.

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