In August 2024, over 27,000 tech workers were laid off from 40 companies, including Intel, IBM, and Cisco.

Intel is set to lay off 15,000 employees, accounting for over 15 per cent of its workforce as part of a 10 billion dollars cost-cutting plan for 2025.

Goldman Sachs plans to cut several hundred jobs through its annual evaluation to address underperformers. The firm had paused performance-based...

Beleaguered Swedish electric car battery maker Northvolt said Monday it would cut its workforce as it scales back operations to focus on its main...

(Reuters) - Telecom equipment maker Nokia has been exploring options for its mobile networks business and has drawn interest from suitors...

Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up

Swedish battery maker has been grappling with factory problems and slowing growth in European EV take-up

LONDON: British pay growth cooled in the three months to July to a more than two-year low and employment shot higher, according to data on Tuesday...

The ChatGPT maker is closing in on another mega funding round as investors bet the boom in artificial intelligence has plenty of room to grow.

Microsoft is cutting 650 roles at its Xbox gaming division, in the latest major round of layoffs to hit the video game industry. It follows the...