In August 2024, over 27,000 tech workers were laid off from 40 companies, including Intel, IBM, and Cisco.
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(Reuters) -Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas, including cybersecurity and AI, people familiar with the matter said. Read full story
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...
(Reuters) - OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the...
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...
The roles that Microsoft will be eliminating in its gaming division are “mostly corporate and supporting functions”
BRUSSELS (Reuters) - EU antitrust officials are considering ordering Alphabet's Google to end anti-competitive practices in its adtech business,...