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Northvolt Mulls US Bankruptcy Protection – Report

Troubled battery maker Northvolt reportedly considers Chapter 11 bankruptcy protection in the United States as possible option

6 days ago

AMD Axes 4 Percent Of Staff, Amid AI Chip Focus

Merry Christmas staff. AMD hands marching orders to 1,000 employees in the led up to the Christmas holiday period

7 days ago

Trump Appoints Elon Musk To Lead Government Efficiency Department

Slash-and-burn cuts for federal staff? Elon Musk and former presidential candidate Vivek Ramaswamy appointed to lead Doge

1 week ago

More Layoffs For iRobot Staff After Abandoned Amazon Deal

After axing 31 percent of its workforce when it failed to be acquired by Amazon, iRobot terminates another 16 percent…

2 weeks ago

Mozilla Foundation Confirms Layoffs, Eliminates Advocacy Division

Mozilla Foundation axes 30 percent of its staff, and is eliminating its Advocacy Division that fights for free and open…

2 weeks ago

Amazon Boss Denies Return To Office Mandate Is ‘Backdoor Layoff’

CEO Andy Jassy tells Amazon staff that the recent 5-day in-office mandate is not meant to be “a backdoor layoff”

2 weeks ago

AWS Tells Staff To Leave If They Don’t Wish To Return To Office

Head of Amazon Web Services reportedly tells staff to leave if they don't like controversial new 5-day-per-week in-office policy

1 month ago

Meta Axes Staff At WhatsApp, Instagram, Reality Labs – Report

Meta has reportedly begun laying off staff across various departments, but as of yet there is no word on actual…

1 month ago

TikTok Cuts Hundreds Of Jobs In Favour Of AI – Report

ByteDance's TikTok is laying off up to 500 employees as it moves to greater use of AI for content moderation

1 month ago

Battery Maker Northvolt To Replace Plant Boss, Amid Difficulties

Difficulties continue for Northvolt, as head of Europe's first lithium-ion gigafactory steps down with immediate effect

1 month ago

Samsung Warns Striking Workers In India Of No Pay, Possible Termination

Industrial dispute of Samsung workers in India escalates, as tech giant warns of no pay and potential terminations

2 months ago

Intel To Spin Off Foundry Unit As Independent Subsidiary

Turnaround latest. Intel Foundry to become independent subsidiary, while chip factory construction in Germany and Poland will be paused

2 months ago

Microsoft Cuts Hundreds Of Gaming Staff

Post Activision - Microsoft Gaming confirms it will axe 650 employees, after thousands of job losses earlier this year

2 months ago

Samsung India Workers Strike, Amid Report Of Overseas Job Cuts

Hundreds of Samsung workers in India continue their strike action over wage demands. Meanwhile report suggests heavy job layoffs

2 months ago

Intel To Present Board With Strategic Options – Report

Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors

3 months ago

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

3 months ago

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

3 months ago

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

3 months ago

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

3 months ago

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,…

3 months ago

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

3 months ago

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

4 months ago

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

4 months ago

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…

5 months ago

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

6 months ago

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

6 months ago

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

6 months ago

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

6 months ago

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

6 months ago

Tesla Fires Software, Service, Engineering Staff

Tesla lays off software, service, engineering staff after disbanding Supercharger team, as major cull continues

7 months ago