Intel is laying off a major portion of its wearables group

August 18, 2017

Update 11/19:Intel is denying that the company is stepping back from wearables, though has not directly commented on the layoff news. Here is the companys statement in full, Intel is in no way stepping back from the wearables business. In fact, we have several products in the works that we are very excited about, as well as prior launches that highlight our wearable technology such as the TAG Heuer Connected…