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.
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Goldman Sachs plans to cut several hundred jobs through its annual evaluation to address underperformers. The firm had paused performance-based layoffs during the COVID-19 pandemic, resuming them in 2022. Earlier a report said that the layoffs, which have already begun, will continue through the fall and could affect more than 1300 employees, representing 3 per cent to 4 per cent of Goldman's workforce.
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...
Unions in the air transport sector have voiced concerns about the continued deduction of 50 per cent from the internally generated revenue of aviation...
Goldman Sachs is advising investors to focus on gold as the best short-term investment opportunity, as part of the bank’s The post Why Goldman Sachs...
Goldman Sachs is advising investors to focus on gold as the best short-term investment opportunity, as part of the bank’s The post Why Goldman Sachs...
Samsung Electronics reportedly plans to axe up to 30 per cent of its workforce outside of home market South Korea, with the cuts set to be implemented...
Samsung Electronics reportedly plans to axe up to 30 per cent of its workforce outside of home market South Korea, with the cuts set to be implemented...
Taiwan's Delta Electronics is set to nearly double its Indian workforce from 3,500 to 6,500 employees over the next five years. The company has opened...