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CHIP MANUFACTURING LAYOFFS
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...- US stocks: US market advances as Iran deal optimism offsets hawkish Fed; Intel soarsWall Street's major indexes saw gains on Thursday, with technology shares spearheading the advance. Optimism surrounding a potential Middle...
- EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission saysEuropean industries are bracing for significant job cuts. Up to 1.3 million jobs are at risk across automotive, construction, metals, chemi...
- Is a US stock market crash beginning? Nasdaq 100 drops over 2% as Dow Jones and S&P 500 struggle after inflation shock hits investorsIs a US stock market crash beginning as Nasdaq sinks 2% after shocking CPI inflation rattles Dow and S&P 500? The Nasdaq 100 plunged more t...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...
- Intel earnings signal recovery at US chip makerIntel's shares surged after exceeding earnings expectations, signaling a potential recovery. Despite a reported loss, revenue increased, an...
- ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
- Intel to lay off more than 5,500 employees in US in latest round of job cutsIntel plans to lay off over 5,500 employees across the US, with teams in California and Oregon set to see the most job cuts. This decision ...
- Intel layoffs 2025: Design engineers, software architects lose jobs - these key divisions are nextIntel layoffs in California have started, with the tech giant cutting over 100 jobs at its Santa Clara headquarters. This move is part of C...
- Intel jobs cuts begin: 20% workforce cut, key units shut, and roles outsourced; Check company's layoff policyIntel has begun laying off employees under new CEO Lip-Bu Tan’s major cost-cutting push, with 107 staff at its Santa Clara headquarters rec...
- Intel plans July layoffs of 10,000+ staff: How AI boom is impacting it and who’s safe, who’s notIntel plans significant job cuts in its foundry division starting July. This move could affect over 10,000 employees globally. The layoffs ...
- Intel to cut over 20% of workforce: ReportsIntel is reportedly preparing to slash over 20% of its workforce as part of a broader restructuring effort under new CEO Lip-Bu Tan. The mo...
- Microchip Technology to lay off 2,000 employeesThe Chandler, Arizona-based company has been grappling with tepid demand from automotive customers that are struggling to clear existing ch...
- Intel board member quit after differences over chipmaker's revival planLip-Bu Tan, a semiconductor industry veteran, had said he was leaving the board because of a personal decision to "reprioritize various com...
- Intel to lay off 15,000 employees as chipmaker tries to revive its businessIntel revealed plans to cut around 15,000 jobs, which amounts to 15% of its workforce, as a strategic move to save $10 billion by 2025. The...
- Zoho applies for semiconductor manufacturing facility in IndiaSoftware company Zoho, aiming to tap into India's aspirations to become a global semiconductor player, has applied with a partner to set up...
- Intel confirms more layoffs as it looks to reduce costsIntel announced plans to cut staff as it aims to reduce costs and boost efficiency amid a challenging macro-economic environment. The semic...
- Intel begins layoffs, offers unpaid leave to factory workers globallyThe company started its expected layoffs in California with at least 201 employees as "part of a broader cost cutting effort", reports CRN.
- US government says 'mass layoffs' soared in JanuaryEmployers took a large ax to their payrolls in January, the government said Wednesday, and the cuts are likely to get worse over the next f...
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