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.

Samsung Electronics will reportedly lay off 30% of its workforce by the end of the year, according to a Reuters report citing multiple sources. Only...

Samsung Electronics will reportedly lay off 30% of its workforce by the end of the year, according to a Reuters report citing multiple sources. Only...

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

The recent layoffs in the tech industry, with over 27,000 job cuts across giants like Intel, Apple, and Cisco, reflect the sector's shift towards AI...

The recent layoffs in the tech industry, with over 27,000 job cuts across giants like Intel, Apple, and Cisco, reflect the sector's shift towards AI...

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

SAN FRANCISCO/NEW YORK (Reuters) - Qualcomm has explored the possibility of acquiring portions of Intel's design business to boost the company's...