Intel Restructuring Strategy: Automotive Division Closed
Intel layoffs 2025 Intel layoffs 2025: In a major strategic overhaul, Intel Corporation (NASDAQ: INTC) has officially announced the shutdown of its automotive architecture division. This decision, communicated to employees on June 24, is part of Intel’s broader restructuring strategy aimed at doubling down on its primary strengths—client computing and data center technologies. The closure … Read more