Intel’s foray into processors for wearables hasn’t exactly gone swimmingly. That said, the wearable market’s foray into the popular consciousness hasn’t gone that well either. Now, according to Tech Crunch, Intel is about to lay off the vast majority of its wearable division staff and may retreat from the market entirely.
According to “sources close to the company,” Intel’s New Devices Group (NDG) is facing “a large number of layoffs,” with more to come from the larger New Technologies Group in which the NDG is included.
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