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 ...

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

While tech investors hailed Arm and Qualcomm’s results, this week’s attention is on Alibaba and Cisco earnings. Alibaba, the ...

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 ...

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 ...

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

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 ...

As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will ...

Dinner at famed Japanese restaurant Nobu was followed by a trip to a nightclub — then a co-worker’s visit to a hospital, ...

Sun Valley Retreat. Zaslav knows whereof he speaks, with his own company undergoing successive waves of post-merger layoffs over the past two years, the most recent coming in May of this year when ...

The technology sector’s employment woes have deepened in 2024, with companies across the spectrum announcing fresh layoffs, indicating the trend that began two years ago shows no signs of abating.