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CHIPMAKER WORKFORCE REDUCTION
80 seconds of big tech earnings will decide stock market’s fateInvestors await earnings reports from Alphabet, Meta, and Microsoft after trading ends Wednesday. These tech giants' results will guide mar...
Year ender 2025: Amazon, Meta and other major tech giants announced massive job cuts. Why 2025 became year of layoffsYear Ender 2025: 2025 saw massive job cuts across major companies, especially in tech. Microsoft, Amazon, and Google led the way. This wave...
Tech layoffs 2025 surge in US: Amazon, Microsoft, Meta slash thousands of jobs. Check full list of companies affectedIn 2025, the US workforce faced significant disruptions due to federal layoffs, corporate restructuring, and economic pressures. Tech giant...
Is Intel collapsing under CEO Lip-Bu Tan? What went wrong with one of Silicon Valley's most iconic companiesIntel, once a shining tech giant of Silicon Valley, is slowly losing the AI-chip battle against Taiwanese rival TSMC and Nvidia. Now, Presi...
Trump calls on 'highly conflicted' Intel CEO to resign over China tiesPresident Donald Trump on Thursday called for the Intel new CEO Lip-Bu Tan to immediately resign, saying he is "highly conflicted" after qu...
Three Intel senior executives to retire amid manufacturing shake upIntel told staff on Tuesday that corporate vice presidents in the technology development group, Kaizad Mistry and Ryan Russell, would retir...
Intel to reduce headcount; shuts down automotive chip divisionIntel is implementing workforce reductions as part of a restructuring effort, which includes the closure of its automotive chip division. T...
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...
Tech layoffs in 2024: The year that saw big tech job cuts surgeIndustry giants such as Microsoft, Google and Apple were at the forefront of this trend. Google reduced top management roles by 10% as part...
From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts aheadThe second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly red...
Dell reduces workforce as part of broader cost cutsDell's layoffs come after sluggish demand for its personal computers for nearly two years partly contributed to a 11% drop in revenue in fo...
Qualcomm to lay off over 1,200 employees in US: ReportAccording to a recent filing with the California Employment Development Department, the company informed it will be laying off about 1,064 ...
Intel makes fresh job cuts, at least 140 laid off in USChip-maker Intel is laying off at least 140 more employees in the US to reduce costs -- 89 employees at its Folsom R&D campus and 51 in San...
Tech firms, Wall Street lead job cuts in Corporate AmericaInterest rate hikes by global central banks to tame stubborn inflation have weighed on consumer and corporate spending, affecting the outlo...
Tech firms, Wall Street lead job cuts in corporate AmericaRapid interest rate hikes, weak consumer demand and an economic slowdown in China have forced firms such as Amazon, Walt Disney, Facebook-o...
Chip-maker Micron to cut 10% of its workforceChip-maker Micron has announced that it will reduce its workforce by about 10 per cent in 2023 in response to challenging industry conditio...
- Intel remains committed to India
Intel, which has announced layoff of 10,500 employees worldwide, said it remains committed to India.
- Intel in firing mood, Indians too to pay
Intel's 3,000-strong team in India is likely to be a part of the layoff chunk.