Intel Layoffs Impact 62 Jobs At California HQ

The semiconductor giant confirmed to CRN last week that it initiated a new round of layoffs in the Sales and Marketing Group, which is led by Christoph Schell, as part of a reorganization.

Intel’s recent round of layoffs in the Sales and Marketing Group will impact roughly 62 positions at the company’s headquarters in Santa Clara, Calif.

The chipmaker disclosed the job cuts in an April 4 notice to the State of California’s Employment Development Department. The notice is required by the state’s Worker Adjustment and Retraining Notification (WARN) Act when a layoff round impacts 50 or more employees in a 30-day period at a company site in California.

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The layoffs are expected to start taking effect May 25, according to the notice.

Intel confirmed to CRN last week that it initiated a new round of layoffs in the Sales and Marketing Group, which is led by Christoph Schell, as part of a reorganization.

“With the objective of continuing to deliver on company strategy and drive outcomes for its customers, Intel’s [Sales and Marketing Group] announced changes to its organizational structure,” an Intel spokesperson said in a statement.

“We are confident in Intel’s future and are committed to supporting all employees through this process, including treating impacted employees with dignity and respect,” they added.

Jason Kimrey, vice president of Intel’s North America commercial and partner sales organization, told CRN at the time that the company’s “partners remain a critical part of Intel’s transformation and we will continue to invest and grow with them in the future.”

The sales and marketing job cuts are the latest round of layoffs to hit Intel since CEO Pat Gelsinger announced in October 2022 that the chipmaker planned to cut spending by as much as $10 billion through 2025 to weather an “abrupt and pronounced slowdown in demand.”