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.

MOST Asian currencies and equities rose on Monday in holiday-thinned trading, with a focus on this week's Federal Reserve policy meeting, where it is...

MOST Asian currencies and equities rose on Monday in holiday-thinned trading, with a focus on this week's Federal Reserve policy meeting, where it is...

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

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.

The Hong Kong government is preparing to issue its maiden policy statement on the use of artificial intelligence (AI) in finance, according to people...