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Boeing To Fire Over 2,000 Employees In US, Home To Its Oldest Facilities
The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut 10 percent of its global workforce.
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Boeing Lays Off Over 400 Members Of Professional Aerospace Union
Boeing has laid off more than 400 members of its professional aerospace labour union, the union has revealed.
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AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
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After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
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Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
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ByteDance's TikTok Cuts Hundreds of Jobs in Shift Towards AI Content Moderation
TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said on Friday. Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia.
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Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
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PricewaterhouseCoopers Fires 1,800 Employees In US In 1st Major Layoff Since 2009
PricewaterhouseCoopers (PwC) is set to lay off approximately 1,800 employees in the United States, marking its first major round of layoffs since 2009.
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AI Chatbot Startup Character.AI Lays Off At Least 5% Of Its Staff: Report
Chatbot startup Character.AI laid off at least 5% of its staff, The Information reported on Thursday, citing a person briefed by company leaders.
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Bungie Reiterates Commitment to Destiny After Layoffs, Says Will Reveal Future of Franchise Soon
Destiny maker Bungie announced last week that it was laying off 220 employees and making structural changes as part of cost-cutting measures. The studio cited rising development costs and grim economic environment as factors behind its decision. Now, Bungie has sought to reassure players over its commitment to Destiny and has said that it will soon...
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Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
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''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
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"Cracked The Code": US Woman Who Got Laid Off Thrice Shares Job Search Tip
"This last time has been the hardest. The job market is drastically different than it even was a year ago," she said.
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Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
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Google Cuts 100 Jobs Across Its Cloud Unit: Report
Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday.
-
Boeing To Fire Over 2,000 Employees In US, Home To Its Oldest Facilities
The US aviation giant Boeing sent out its first redundancy notifications on Monday as part of a previously announced plan to cut 10 percent of its global workforce.
-
Boeing Lays Off Over 400 Members Of Professional Aerospace Union
Boeing has laid off more than 400 members of its professional aerospace labour union, the union has revealed.
-
AMD to Cut Four Percent of Global Workforce as it Focusses on AI Chip Development
AMD is laying off about 1,000 employees, as it directs efforts towards developing AI chips. AMD plans to start mass production of a new version of its artificial-intelligence chip called the MI325X in the fourth quarter of the year.
-
After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
-
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
In August, it announced plans to reduce its workforce by 15,000 through voluntary separations and layoffs.
-
ByteDance's TikTok Cuts Hundreds of Jobs in Shift Towards AI Content Moderation
TikTok is laying off hundreds of employees from its global workforce, including a large number of staff in Malaysia, the company said on Friday. Two sources familiar with the matter earlier told Reuters that more than 700 jobs were slashed in Malaysia.
-
Microsoft Announces 650 Layoffs at Xbox Unit in Bid to Cut Costs After Activision Acquisition
Microsoft is laying off 650 employs from its Xbox unit. The job cuts will affect mostly corporate and supporting functions, the report said, citing a memo sent to staff by Xbox chief Phil Spencer.
-
PricewaterhouseCoopers Fires 1,800 Employees In US In 1st Major Layoff Since 2009
PricewaterhouseCoopers (PwC) is set to lay off approximately 1,800 employees in the United States, marking its first major round of layoffs since 2009.
-
AI Chatbot Startup Character.AI Lays Off At Least 5% Of Its Staff: Report
Chatbot startup Character.AI laid off at least 5% of its staff, The Information reported on Thursday, citing a person briefed by company leaders.
-
Bungie Reiterates Commitment to Destiny After Layoffs, Says Will Reveal Future of Franchise Soon
Destiny maker Bungie announced last week that it was laying off 220 employees and making structural changes as part of cost-cutting measures. The studio cited rising development costs and grim economic environment as factors behind its decision. Now, Bungie has sought to reassure players over its commitment to Destiny and has said that it will soon...
-
Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
-
''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
-
"Cracked The Code": US Woman Who Got Laid Off Thrice Shares Job Search Tip
"This last time has been the hardest. The job market is drastically different than it even was a year ago," she said.
-
Lays Off At Paytm As Loss Widens After RBI Action
Fintech firm One97 Communications, owner of Paytm brand, is laying off an undisclosed number of employees and claimed that it is providing outplacement support for their smooth transition, according to a company statement.
-
Google Cuts 100 Jobs Across Its Cloud Unit: Report
Alphabet-owned Google is laying off at least 100 employees from several teams in its cloud unit, CNBC reported on Monday.
