Intel’s New CEO Lip-Bu Tan Plans Strategic Overhaul Amid Financial Challenges and AI Competition
Intel Corporation, a cornerstone of the semiconductor industry, is poised for significant transformation under the leadership ...
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Tag: Layoffs
DHL, German Logistics Giant to Cut 8,000 Jobs Amid Profit Decline
DHL, one of the world’s leading logistics and postal service providers, has announced its largest job ...
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Sony’s Studio Closures and the Impact of ‘Concord’s’ Failure
Sony Interactive Entertainment (SIE) has initiated significant layoffs across its PlayStation support studios, notably affecting Visual ...
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Meta’s Rehiring Policies Raise Concerns Among Former Employees
A former Meta engineer, who was laid off in the company's 2022 workforce reduction, assumed rejoining ...
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Mercedes-Benz to Cut Jobs and Lower Pay Increases Amid Cost-Cutting Drive
Mercedes-Benz has secured an agreement with its works council to implement cost-saving measures, including job buy-outs ...
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Trump Administration Lays Off Two-Fifths of U.S. Chips Program Office Staff
The Trump administration has downsized the U.S. CHIPS Program Office, laying off 40% of its staff ...
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Mark Cuban Offers to Fund Government Tech Unit Cut Overnight
Billionaire investor Mark Cuban has stepped into the latest government tech controversy, offering to support displaced ...
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Technicolor India’s Sudden Shutdown: A Major Blow to 3,000+ Employees
In a shocking turn of events, Technicolor India, a leading visual effects (VFX) and animation studio, ...
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Netflix Lays Off Developers at Night School Studio Amid AI Shift
Netflix’s gaming division has once again seen job cuts, this time impacting Night School Studio, the ...
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NASA Probationary Employees Temporarily Spared from Mass Layoffs
While many federal agencies moved forward with layoffs this week, NASA’s probationary employees were spared—at least ...
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