Intel plans to lay off 97 people at its corporate headquarters in Santa Clara and up to 40 more in Ireland as the chipmaker makes cuts to its Internet of Things group.

Internet of Things refers to a class of connected appliances and gadgets, one of several emerging technologies Intel is chasing in hopes of offsetting a long-term decline in its core business, supplying microprocessors for PCs and laptops.

Intel's IoT group provided $721 million in revenue in the first quarter of the year, up nearly 11 percent from the prior year. But IoT accounted for less than 5 percent of Intel's sales.

The Portland Business Journal reported last week that Intel will discontinue three IoT products this summer. In a letter to California employment officials, Intel said it planned to cut 97 jobs in California on Aug. 15. The company wrote that it will offer severance to laid-off workers based on the number of years they have worked for Intel.

Additionally, The Times newspaper reported that Intel would eliminate up to 40 jobs related to cuts in its IoT group in Leixlip, Ireland. The Times said the cuts focused on a circuit board called Galileo, which Intel created for do-it-yourself electronics enthusiasts.

Intel's largest site is in Oregon, where it employs 19,300. The company eliminated 15,000 jobs worldwide in 2016, mostly through buyouts, as it prepared to reduce its reliance on the PC market.

-- Mike Rogoway; twitter: @rogoway; 503-294-7699