Major tech companies are preparing to announce a new wave of layoffs. According to CNBC, citing Bloomberg, Meta plans to reduce its workforce by 5%, focusing on employees classified as “lowest-performing.” Meta is not the only company taking such measures. Another report from CNBC, citing Bus...

According to a MoneyDJ report, citing Nikkei, Japan's leading automotive chip manufacturer, Renesas Electronics, is planning to lay off several hundred employees both domestically and internationally, while also reducing factory capacity utilization. As reported by Nikkei on January 7, Renesas El...

According to a report by The Times of India, the tech industry has faced substantial layoffs in 2024, with approximately 150,000 jobs eliminated across major companies. Tech companies like Tesla, Intel, Cisco, and Microsoft are among those reducing their workforces. The report highlights that the...

According to a report from Liberty Times, citing The Chosun Daily, Samsung Electronics has announced a significant personnel adjustment following its November 27 presidential-level appointments, reportedly cutting around 100 senior executives from its semiconductor (DS) division—an unprecedented r...

According to a report from Wccftech, AMD is reducing a portion of its global workforce, a move that an AMD spokesperson has confirmed. The company is currently focusing on expanding its presence in the AI industry through strategic acquisitions and its lineup of accelerator products. To fund these a...