Companies have ramped up investments in AI technologies which require heavy computing power, creating a spike in demand for ...

The company had announced two rounds of layoffs this year in a bid to cut costs, as it shifts focus to cybersecurity, cloud ...

AMD has been pouring resources into AI processors – a market dominated by Nvidia. Read more at straitstimes.com.

Tech layoffs continue as Mozilla, X, Samsung, and other major firms implement job cuts in 2024, citing restructuring, ...

According to Bloomberg, the layoffs are part of Boeing’s cost-cutting measures in response to mounting losses and a machinist union strike affecting its operations. Qualcomm, Cisco, and Microsoft Laid ...

Advanced Micro Devices Inc. is shedding about a thousand jobs as part of an effort to refocus on newer markets like ...

Strategic missteps, layoffs, and the company's worst quarter ever contributed ... Senate Republicans hold vote to select new ...

Despite reporting profits, the tech firm Freshworks, is laying off 13% of its workforce as part of a restructuring strategy.

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Cisco Systems Inc. (CSCO) on Wednesday reported fiscal first-quarter profit of $2.71 billion. The San Jose, California-based company said it had net ...

After a brutal year of layoffs in 2023, companies this year have continued to cut jobs across tech, media, finance, manufacturing, and retail. Tech titans like Meta, IBM, Google, and Microsoft ...