Luminar Cuts 30% of Workforce Amid Restructuring and Cost-Saving Measures
Luminar Technologies, a company that develops autonomous driving technologies, stated that it will be laying off ...
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Tag: cost cutting
In $2 Billion Dollar Cost Cutting Move, Verizon Plans to Eliminate Nearly 5000 Employees
Verizon Communications Inc., the leading mobile carrier in the U.S., is preparing for a significant financial ...
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Nike’s Massive Layoffs: 40% of Senior Employees, including Vice Presidents, Fired in Cost-Cutting Move!
Nike, the global brand of sport wear is under the process of transition. They have decided ...
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Paytm Considers Layoffs of Up to 6,500 Employees to Reduce Costs
Paytm, a prominent player in the Indian digital payments space, is considering a substantial decrease in ...
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Google Sparks Controversy by Firing Entire Python Team for ‘Cheap’ Labour
In an unexpected turn of events, Google has fired off its entire Python team, sparking confusion ...
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Nike Lays Off 740 employees at Oregon Headquarters Amid Cost-Cutting Measures
The massive sportswear company Nike plans to fire about 740 workers at its global headquarters in ...
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Icahn Takes Flight: Will He Steer JetBlue to New Heights or Rough Skies?
The renowned activist investor Carl Icahn, who is renowned for disrupting businesses, has won two seats ...
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Delay for Intel’s Ohio Project: Intel’s Plan to Deal with the Chip Market Shift
Even while the worldwide chip shortages may be decreasing, big chipmakers like Intel still face difficulties. ...
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Google Plans Big Changes for Assistant Using AI Technology, Job Cuts Likely
Google is planning a significant overhaul of its Google Assistant by incorporating generative AI capabilities inspired ...
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Reddit CEO Applauds Elon Musk’s Cost-Cutting Measures Amidst Platform Protests
In a recent interview with NBC News, Steve Huffman, the CEO of Reddit, commended Elon Musk's ...
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