Intel has initiated job cuts at its Fab 28 wafer fabrication plant in Kiryat Gat, Israel, marking the first time the facility—one of the chipmaker's three largest global manufacturing...
As the US-China trade war intensifies, American businesses in China become increasingly uncomfortable. IBM announced massive layoffs in China and closed its Beijing R&D center,...
Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that's ultimately expected to affect roughly 20% of the chipmaker's staff.
Volvo Cars has begun laying off staff in its China operations, with the majority of the cuts affecting its Shanghai-based technical and research and development center, according...
Microsoft Corp. began job cuts that will impact about 9,000 workers, its second major wave of layoffs this year as it seeks to control costs while ramping up on artificial intelligence...
The semiconductor industry rarely sees such a stark contrast in leadership philosophy as the one emerging between Intel's current and former CEOs. Pat Gelsinger, who recently stepped...
Intel has begun executing a new round of layoffs announced two months ago by CEO Lip-Bu Tan as the chipmaker continues its sweeping efforts to reduce costs amid mounting financial...
China's solar manufacturing industry, commanding over 90% of the global market, is undergoing another round of disruption, driven by intensifying geopolitical pressure and abrupt...
Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company's latest move to trim its workforce amid heavy spending on artificial intelligence.
While waves of layoffs continue to ripple through Google's global operations, the company is quietly embarking on an ambitious hiring drive in Taiwan. According to industry sources,...
As global telecom players across Europe, the US, Japan, and South Korea face mass layoffs and resource constraints, market contraction is accelerating. Meanwhile, Huawei is bucking...
Microsoft is reportedly laying off around 6,000 employees, or about 3% of its global workforce, with most of the cuts concentrated in the US. The tech giant has also made organizational...
Microsoft Corp. said it will cut 6,000 workers across the company in an effort to reduce management layers. The planned terminations will amount to less than 3% of total headcount...
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining...