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 ...
Cisco Systems exceeded Wall Street expectations in its first-quarter earnings report, driven by a growth in demand for its ...
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
The cuts at AMD are part of a wider trend in Silicon Valley, where several major companies are reducing their workforces.
As of August, the tech industry had already lost over 136,000 jobs across 422 companies, with Intel, IBM, and Cisco among ...
U.S. stocks slipped as the market’s big burst following Donald Trump’s election continued to cool. The S&P 500 dipped 0.6% ...
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 ...
October’s figures indicate a further decline, marking one of the lowest points for layoffs since 2023 and reinforcing the ...
Tech layoffs continue as Mozilla, X, Samsung, and other major firms implement job cuts in 2024, citing restructuring, ...