April 16, 2024

Questions proceed to plague Intel’s turnaround plans, with the corporate saying layoffs in its Cloud and GPU divisions.

Intel is amid an an tried turnaround underneath CEO Pat Gelsinger that has seen the corporate re-focus on its core semiconductor manufacturing enterprise. As a part of the corporate’s turnaround, there are key segments Intel has been specializing in, with cloud and GPU being two such segments.

Regardless of their significance to the corporate’s plans, in accordance with CRN, that hasn’t stopped Intel from together with workers in these two departments in its newest spherical of layoffs.

CRN says the layoffs have an effect on a complete of 315 individuals in California:

The affected roles in these areas consisted of 11 GPU software program growth engineers and two graphics {hardware} engineers, an engineering supervisor and 4 engineers engaged on AI software program in addition to 28 engineers and designers engaged on cloud software program and options.

The layoffs additionally claimed a normal supervisor in addition to an Intel fellow, the latter of which is probably the most prestigious title that may be given to a technical worker. CRN was unable to determine them.

Intel’s turnaround has more and more confronted an uphill battle, probably tarnishing CEO Pat Gelsinger’s legacy within the course of. The corporate turned in a shock $500 million loss in considered one of its quarters final 12 months, and its first-quarter 2023 outcomes included the worst loss within the firm’s historical past.

The truth that Intel is shedding the very sort of engineers that could be essential to its turnaround is certain to lift further considerations.