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NEWS TAGGED LAYOFFS
Wednesday 24 January 2024
Gen AI boom leads to mammoth big tech job purge
In 2023, the rise of Generative AI triggered substantial workforce culls across tech titans Apple, Google, Amazon, and Meta.
Friday 12 January 2024
Amazon and Google undergo major workforce shake-up amid challenges in hardware sector
US tech titans Amazon and Google have initiated a new round of workforce restructuring.
Thursday 11 January 2024
Amazon's Twitch to cut 500 employees, about 35% of staff
Amazon.com Inc.'s livestreaming site Twitch is cutting 35% of its staff, or about 500 workers, Twitch chief executive officer Dan Clancy said in a blog post Wednesday morning. The...
Wednesday 13 December 2023
Layoffs resume, but businesses battle for AI talents
Despite recent job cuts, notably among US firms, businesses are still battling for AI talent, according to industry sources.
Tuesday 12 December 2023
Innolux reportedly to cut jobs
In response to recent media reports suggesting that Innolux plans to slash jobs in Taiwan, the LCD panel manufacturer stated that it will be committed to optimizing production conf...
Monday 20 November 2023
Marvell rumored to axe Taiwan SSD unit
A rumor is circulating in the chipmaking industry that Marvell is closing its SSD division in Taiwan, with hundreds of staff being dispersed and relocated to other companies.
Wednesday 25 October 2023
Tech industry layoffs continue
Uncertain demand recovery, along with the escalating trade dispute between China and the US, has resulted in a deluge of layoffs that shows no signs of letting up, according to industry...
Wednesday 27 September 2023
South Korea sharply cuts R&D budget for 2024, with 1,200 new researchers likely to be axed
The South Korean government has unveiled a substantial 16.6% reduction or KRW5.2 trillion (US$3.89 billion) in research and development (R&D) spending in its budget proposal for...
Tuesday 26 September 2023
With frequent layoffs at US semiconductor companies, could chip talents be returning to Taiwanese companies?
With the global semiconductor industry downturn still not entirely over, US-based companies that previously aggressively hired worldwide have all shifted to initiating workforce adjustments...
Thursday 21 September 2023
Pressured by Huawei's comeback? Qualcomm Shanghai R&D center rumored to face massive layoffs
After Dell's de-Sinicization and Marvell's China team was completely laid off, Qualcomm also couldn't hold on. Reports emerge that a large-scale layoff is planned at Qualcomm's Shanghai...
Thursday 3 August 2023
Qualcomm anticipates layoffs amid macroeconomic uncertainties and risks in China
Qualcomm, the leading provider of mobile chips, gave a cautious revenue outlook for the current period, suggesting that the demand for mobile devices is still subdued. Qualcomm said...
Thursday 13 July 2023
Why Taiwan semiconductor firms refrain from enforcing layoffs amid market headwinds
Despite significant sales shrinkages amid lingering economic downturns and market headwinds, there have been no significant layoffs among nearly all the upstream and downstream players...
Friday 30 June 2023
Xiaomi reportedly pursued layoffs in India amid sliding market share
As Xiaomi finds it increasingly difficult to operate in India, the smartphone vendor is reportedly downsizing its workforce in its largest market outside of China and has shifted...
Thursday 4 May 2023
Qualcomm reportedly to cut jobs mostly in handset SoC division
Qualcomm reportedly is planning layoffs, mostly in its handset SoC group.
Tuesday 25 April 2023
Factory closures, layoffs happening in China electronics industry
Many small- and medium-size businesses involved in the local supply chain for electronics parts and other devices have seen factory closures and layoffs in southern and eastern China,...
Holtek
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research