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"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
Intel continues to cut jobs. Despite the economic challenges it faces, Intel managed to post a flat year-over-year quarterly revenue, at $12.9 billion, however the period saw the ...
As top New Mexico lawmakers digest the implications of a federal budget bill signed this month by President Donald Trump, ...
The local stock market surged Wednesday, with the main barometer closing above 6,400 after the Philippine government ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
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ExtremeTech on MSNIntel Plans Deep Job Cuts, Could Drop Chip ManufacturingIntel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
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