News

The job cuts will span TCS’s global operations, hitting staff across functions and geographies, with the bulk of redundancies ...
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined ...
Recruit Holdings is eliminating about 1,300 jobs at Indeed and Glassdoor through layoffs. The Japan-based parent company announced the layoffs at the two websites Thursday, saying the move will ...
Thyssenkrupp Steel Europe AG and IG Metall reached a restructuring agreement that will allow planned job cuts to proceed without forced layoffs through 2030, according to an emailed statement from ...
Are the optics of job cuts at a time when sales are declining a good look or comforting for investors? Of course not. Is Rivian's move to slash 1% of its workforce a red flag, though? Absolutely not.