Intel is laying off a major portion of its wearables group | TechCrunch.

According to sources close to the company, Intel is about to step back from wearables in a big way.

In 2014, the company purchased Basis, a little-known producer of some truly excellent fitness watches. The acquisition was clearly a piece of a much larger puzzle for Intel, as it folded the brand into NDG — the New Devices Group — a new wing designed to make a big play for the booming wearables market, while hitting back against rival chipmaker, Qualcomm.

Intel later commented back on the TechCrunch story, sorta…

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 watch and recent Oakley Radar Pace smart eyewear.

Read more.

Intel’s wearable section is here – and overview of the The Arduino 101/Genuino 101 development board / efforts @ PCWorld.

aaaand, here’s our blog post from 2014 “See the Future of Wearables Intel #IDF2014 (video) featuring Adafruit wearables!”

Intel has since removed the video and press release on their page. You can sorta kinda find the videos on Intel UK.