Nov 13 (Reuters) - Advanced Micro Devices (AMD.O), opens new tab is laying off 4% of its global workforce, or about 1,000 employees, as it directs efforts towards developing AI chips in a bid to ...
AMD has confirmed that it’s laying off 4% of its workforce to focus on “large growth opportunities.” It’s unclear how many workers have been impacted by the reduction — and which divisions.
“As a part of aligning our resources with our largest growth opportunities, we are taking a number of targeted steps that will unfortunately result in reducing our global workforce by ...
Genetic testing firm 23andMe said on Monday it is reducing about 40%, or 200 employees, from its workforce and discontinuing further development of all its therapies as part of a restructuring ...
The aerospace giant plans to cut 17,000 employees, about 10 percent of its global workforce. Aviation Industry analyst Scott Hamilton says Boeing is bloated and needs to lose some weight—and ...
More than 100 workers at Sistema's Auckland factory will lose their jobs by Christmas. In a statement on Monday morning, the plastic manufacturer said unstable market conditions had forced its hand, ...
Much of the federal workforce is on edge and bracing itself for the likelihood its ranks will be purged when President-elect Donald Trump takes office. Trump, who has derided civil servants as ...
Trump’s self-declared aggression against federal workforce protections is raising fear among employees who know what Trump did in his first term, what he’s promised during a second ...
WASHINGTON (DC News Now) — With President-Elect Donald Trump heading back to the White House, the fate of some federal workers in the D.C. area remains uncertain. “What we’ll see in the short term is ...
So says German media, which is reporting that Audi is considering cutting its workforce by 15 percent in a dramatic bid to reduce costs. The news comes from Manager Magazin, which claims Audi will ...
Aurinia on Thursday unveiled a strategic overhaul that will slash 45% of the Canadian biotech’s entire workforce. Aurinia expects the trimming will save it more than $40 million in annual ...