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: Economic Challenges
Accenture Postpones Promotions to June Amid Economic Uncertainty
As if we are simply hitting the snooze button on our alarm clock, Accenture has chosen ...
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Why Intel’s Stock Drop by 30% Overnight: A $39 Billion Shock
Intel’s stock fell by an astonishing 30% losing $39 billion in its market capitalization in a ...
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Luxury Retailer Burberry to cut up to 400 Jobs
As part of a strategic reorganization drive, the well-known British luxury fashion house Burberry is getting ...
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Volvo Cars announces layoffs of 1,300 white-collar employees to cut costs
Volvo Cars of Sweden, a company owned by China, announced on Thursday that it would reduce ...
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General Motors Cuts Several Hundred Full-Time Contract Workers
General Motors (GM) has announced that it has cut several hundred full-time contract workers as part ...
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Lenovo limps as layoffs loom: PC problems prompt personnel purge
Technology giant Lenovo has reportedly started laying off employees due to the significant downturn in its ...
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