Intel has begun executing a new round of layoffs announced two months ago by CEO Lip-Bu Tan as the chipmaker continues its sweeping efforts to reduce costs amid mounting financial...
China's solar manufacturing industry, commanding over 90% of the global market, is undergoing another round of disruption, driven by intensifying geopolitical pressure and abrupt...
Microsoft Corp. is planning to ax thousands of jobs, particularly in sales, as part of the company's latest move to trim its workforce amid heavy spending on artificial intelligence.
While waves of layoffs continue to ripple through Google's global operations, the company is quietly embarking on an ambitious hiring drive in Taiwan. According to industry sources,...
As global telecom players across Europe, the US, Japan, and South Korea face mass layoffs and resource constraints, market contraction is accelerating. Meanwhile, Huawei is bucking...
Microsoft is reportedly laying off around 6,000 employees, or about 3% of its global workforce, with most of the cuts concentrated in the US. The tech giant has also made organizational...
Microsoft Corp. said it will cut 6,000 workers across the company in an effort to reduce management layers. The planned terminations will amount to less than 3% of total headcount...
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining...
Panasonic Holdings has unveiled plans to lay off approximately 10,000 employees, split evenly between Japan and overseas, as part of structural reforms to improve profitability. The...
For five consecutive quarters through the first quarter of 2025, Intel Corporation has grappled with a staggering cumulative net loss of US$19.57 billion, marking the most protracted...
Renesas Electronics CEO Hidetoshi Shibata said on March 26 that layoffs and a pay freeze are necessary responses to the prolonged slump in the global semiconductor market. Speaking...
In 2025, the automotive industry is projected to surpass healthcare, technology, and financial services for the first time to become the sector most impacted by disruptive changes...
Chinese electric vehicle (EV) startup Neta Auto has commenced the dissolution of its R&D staff at its Shanghai headquarters, according to industry rumors in China.
Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The company has announced the layoff of approximately 2,000 employees,...
