Intel laid off an unspecified number of employees in its Sales and Marketing division and confirmed these findings with CRN. Intel didn't give any specifics, but the company's representative confirmed the layoffs are a part of its restructuring process, which involves a new operating model.
Despite not revealing the specific number of layouts, the company had to reveal that its layoffs affected more than 50 people in a month, as required by the WARN Act. Intel CEO Pat Gelsinger announced in October that he plans to cut spending by $10 billion through 2025.
