Samsung Electronics plans to increase production capacity at its biggest semiconductor plant next year, as competitors reduce investments
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Twitter’s Public Policy Boss Departs, Amid Ongoing Layoffs
More concern for US and European regulators as Twitter's head of public policy departs amid additional layoffs at the platform
Hundreds Of Former Twitter Staff File Complaints
Twitter this week is being accused by 100 former staff members of a variety of legal violations including targeting women for layoffs
Tesla Staff Face New Layoffs – Report
Electric car giant Tesla will reportedly undertake another round of job layoffs in the next quarter, and freeze all hiring
Elon Musk To Quit As Twitter CEO, Seeks ‘Foolish Enough’ Replacement
Search for new CEO of Twitter begins, but Elon Musk confirms he will remain in charge of software and server teams
Xiaomi Cuts Staff Amid China Economic Slowdown
Smartphone maker Xiaomi cuts handset and internet services jobs amidst sales slump, as China begins dismantling zero-Covid controls
Twitter Users Vote For Musk To Step Down
Elon Musk polls Twitter users over whether he should step down as chief executive, amidst controversy and plummeting Tesla shares
Meta Halts Construction Of Two Data Centres In Denmark
Meta axes construction of two additional data centres in Europe, as Facebook continues cost cutting measures
Analyst Cuts iPhone Shipment Estimate
Analysts reduce estimated number of iPhone 14 shipments, after production problems at huge Foxconn factory in China
Tesla ‘To Cut Production’ At Shanghai Plant
Tesla reportedly plans 20 percent production cut at Shanghai plant as China auto demand slows due to Covid measures, economic disruption
Vodafone Chief Executive Read To Step Down
Vodafone chief Nick Read to step down at end of month after four years with finance director taking over in interim, as stock slump continues
Foxconn Moves Toward Full Production At Major iPhone Factory
Apple supplier Foxconn looks to resume full production at huge iPhone plant in late December or early January as China eases Covid measures
Thousands Of Intel Staff In Ireland Offered Unpaid Leave – Report
'Voluntary time off program' reportedly underway in Ireland, where 2,000 out of 5,000 Irish staff offered unpaid leave
US Appeals Court Likely To Dismiss Race Lawsuit Against Amazon
Christian Smalls lawsuit against e-commerce giant Amazon is unlikely to succeed in the US Appeals Court, according to reports
Crypto Lender BlockFi Files For Chapter 11 Bankruptcy
FTX collapse cited, as cryptocurrency lender BlockFi files for Chapter 11 bankruptcy protection in New Jersey court
Foxconn Offers Bonus For Employees Who Stay Amidst Disruption
Foxconn offers bonus to employees who remain at massive iPhone production plant in Zhengzhou following violent protests
Twitter ‘Hiring’ As Musk Plans ‘Everything App’
Elon Musk says Twitter is hiring as he plans encrypted messaging and payment services to turn platform into 'everything app'
HP To Layoff 4,000 To 6,000 Staff Over Next Three Years
Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed three years ago
Mark Zuckerberg Will Not Resign In 2023, Says Meta
Meta spokesman denies report that suggests CEO Mark Zuckerberg is set to resign in 2023, amid investor pressure over financials and Metaverse
Amazon Alexa Labelled ‘Colossal Failure’ – Report Alleges
Amazon's 10,000 job cuts reportedly impacts Alexa unit the hardest, while device hardware group is described as 'division in crisis'
Twitter Head Of France Departs, Says ‘It’s Over’
Twitter head of France announces departure in tweet amidst mass sackings and advertiser pullout, saying "Goodbye, it's over"
Most Twitter Staff Refuse Musk Ultimatum – Report
Reports suggest 75 percent of Twitter's remaining staff refused Musk's “hardcore” ultimatum, as offices are closed until Monday
Amazon CEO Andy Jassy Says Layoffs Will Continue Into 2023
CEO memo to Amazon workers confirms layoffs will continue into next year, with total number of job losses still to be determined
Elon Musk To Find New CEO For Twitter, Backtracks Over SEC Insults
Twitter boss Elon Musk says he will eventually find new leader for Twitter, as former CEO Jack Dorsey rules out return
Amazon Begins Culling Device Unit Staff, Amid 10,000 Layoffs
Memo from Amazon hardware boss reveals layoffs among its devices and services team have begun, amid company plan to axe 10,000
Elon Musk Demands Twitter Staff Agree To Long Hours In ‘Hardcore’ Email
Twitter staff ordered in Musk ultimatum email to choose to work “long hours at high intensity” or leave. They have until Thursday to decide
Elon Musk Fires Majority Of Twitter’s External Contractors
More firings. Elon Musk reportedly axes 4,400 of 5,500 external contractors that worked on Twitter's content moderation
Amazon To Axe 10,000 Jobs – Report
E-commerce giant Amazon to follow similar moves by other tech players, with largest headcount reduction in its history
Crypto.com Reassures Investors After FTX Collapse
Cryptocurrency exchange Crypto.com reassures users company is 'secure' after spectacular fall of major player FTX last week
FTC Closely Watching Developments At Twitter, As More Resign
Elon Musk raises possibility of bankruptcy at Twitter, as entire privacy and compliance team resigns prompting FTC warning