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Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
US stock market dips despite AI-driven gains from Constellation and Marvell as traders brace for Fed moves and tariff ...
Despite these job reductions, AWS continues to be a highly profitable segment for Amazon, with sales rising 17 per cent year-over-year to $29.3 billion in the first quarter of 2025, and operating ...
Google Services revenue rose 10% to $77.3bn, which Alphabet ( GOOG) said reflected strong performance across Google Search & other, Google subscriptions, platforms, and devices, and YouTube ads.
Elliott Hill started his career at Nike as an intern in 1988 and took on 19 different roles in the organization before ...
Amazon has cut hundreds of AWS jobs amid wider tech layoffs, with Intel, Microsoft, and TikTok also reducing staff to curb ...
The tech sector’s summer of 2025 continues its brutal streak. After heavy job losses in May and June, July has brought more ...
Chevron is clear to proceed with its $53B acquisition of Hess after an arbitration panel dismissed Exxon Mobil's claim of a ...
Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive ...
After 33 years at Mercer, Rich Nuzum will become head of OCIO at Franklin Templeton Investment Solutions, leading efforts to ...
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