Chip giant is to begin a major headcount reduction this month, as Intel contends with falling PC sales, inflation, and supply chain
TECHNOLOGY POWERING BUSINESS
News redundancies
ARM Cuts 40 Percent Of UK Staff Recruited Under Softbank – Report
Global reorganisation at ARM Holdings sees job cuts hit United Kingdom harder than other locations around the world
Amazon Freezes Corporate Hiring For Retail Operation
Confirmation from Amazon that it has paused hiring for corporate positions in its retail operation, after media report
Meta Platforms To Pause Hiring, Warns Of Restructuring – Report
Facebook parent Meta is to freeze hiring and further restructure, as Mark Zuckerberg says budgets will be reduced, headcount adjusted
Snap To Axe 20 Percent Of Staff – Report
Bad news on the tech jobs front. Over 1,000 employees at Snapchat parent Snap are reportedly to be handed their P45s today
Apple Axes 100 Recruiters, Amid Hiring Slowdown – Report
Hiring slowdown at Apple? Tech giant reportedly lets go 100 contract-based recruiters in the past week as it tightens spending
Robinhood Axes 23 Percent Of Jobs, Dismisses Talk Of Sale
CEO confirms further job cuts at trading app Robinhood, with another 23 percent of staff set to be culled from the workforce
Rivian Confirms It Will Cut 6 Percent Of Staff
Axe is to fall on 600 jobs at the electric truck maker Rivian, as it restructures to “optimise costs” in worsening economy