Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors
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Intel Questioned By US Senator Over Job Cuts After $20bn Grant, Loans
Intel CEO questioned by republican senator on 15,000 job cuts, after chip giant being awarded $20bn US grant
Apple Axes Jobs In Digital Services Group – Report
Tech giant Apple reportedly cuts 100 jobs in its digital services group, with sources citing a shift in internal priorities
Klarna Says AI Chatbots Helped Remove 1,200 Positions
Should it be boasting? Klarna says it has hundreds of jobs have been trimmed from workforce thanks to AI chatbots
Intel Sells Stake In British Chip Designer ARM
Amid its turnaround struggles and job cuts, Intel sells its 1.18 million share stake in UK chip designer ARM Holdings
Dell Begins Fresh Round Of Job Losses, Amid AI Move – Report
More job losses for tech sector as reports suggest Dell is cutting as much as 10 percent of global workforce, or 12,500 staff
Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash
Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge
Intel To Cut 15 Percent Of Workforce, Suspends Dividend
Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments
Intel To Cut Thousands Of Jobs – Report
Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump
Fisker Files For Chapter 11 Bankruptcy
EV maker Fisker files for bankruptcy protection in the US – the second EV venture led by car designer Henrik Fisker to do so
Microsoft ‘Cuts Hundreds Of Cloud Jobs’
Microsoft reportedly cutting hundreds of jobs in Azure cloud business, affecting telecoms and space teams, as it profits from AI
TikTok Cuts ‘Hundreds’ Of Jobs
TikTok to cut jobs from operations and marketing teams amidst broader ByteDance restructuring, as it faces political tensions in US
Tesla Layoffs Continue With Another 600 Jobs In California
Regulatory filing last week shows Elon Musk's Tesla is cutting another 600 jobs in California, across multiple departments
Toshiba Axes 4,000 Staff In Post-Delisting Restructuring Operation
Workforce blow. Newly privatised Toshiba has embarked on a 'revitalisation plan' that will entail the loss of 4,000 jobs
Google Staff Question Layoffs After Record Earnings
Staff at Google question CEO Sundar Pichai over 'significant decline' in workforce morale amid ongoing job cuts, despite strong financials
Tesla Fires Software, Service, Engineering Staff
Tesla lays off software, service, engineering staff after disbanding Supercharger team, as major cull continues
Alphabet Axes Hundreds Of Staff From ‘Core’ Organisation
Google is reportedly laying off at least 200 staff from its “Core” organisation, including key teams and engineering positions
Tesla Axes Entire Supercharger Team, Plus Senior Executives
Elon Musk dismisses two senior Tesla executives, plus the entire division that runs Tesla's Supercharger network
Google Fires More Staff Over Israel Protest
Another 20 staff have been fired by Google over Israel protest and their “completely unacceptable behaviour”
Google Fires 28 Staff Over Israel Protest, Undertakes More Layoffs
Protest at cloud contract with Israel results in staff firings, in addition to layoffs of unspecified number of employees
Tesla To Ask Shareholders To Reinstate Elon Musk’s $56 Billion Package
Tesla shareholders to be asked to reinstate Elon Musk's $56 billion pay package, days after Musk confirmed staff layoffs
Tesla Cuts More Than 10 Percent Of Workforce
Tesla lays off more than 10 percent of staff worldwide amidst slower growth, tougher competition from China
OpenAI Fires Two Researchers Over Information Leaks
OpenAI fires two researchers for leaking information in first known shake-up since Sam Altman briefly forced out last year
AI To Reduce Worker Numbers, Staffing Firm Adecco Warns
Survey from staffing firm Adecco warns AI will lead to many companies employing fewer people in the next five years
Apple Axes 600 Staff In First Layoffs Since Pandemic
Hundreds of Apple staff are to be handed their marching orders, reportedly centred on cancelled self-driving EV project
Amazon Web Services Lays Off Hundreds Of Staff
More job losses at Amazon, as AWS unit eliminates several hundred positions in sales, marketing and tech sections
Ericsson To Cut 1,200 Jobs in Sweden Amid ‘Challenging’ Market
Swedish telecoms giant Ericsson blamed “challenging mobile networks market” and “further volume contraction” for job losses
Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring
More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future
AI Poses ‘Jobs Apocalypse’, Warns Report
IPPR report warns AI could remove almost 8 million jobs in the United Kingdom, with low paid, youngsters and women most at risk
Electronic Arts Cuts 5 Percent Of Staff Amidst Jobs Bloodbath
Electronic Arts latest videogame company to engage in mass layoffs as industry continues to reel from pandemic overhiring