Intel CEO Lip-Bu Tan plans to cut 20% of the company's workforce, according to a report by Bloomberg Tuesday.

With its legacy on the line, the chip giant’s drastic restructuring reveals a company fighting to redefine its place in an AI ...

Los Angeles Mayor Karen Bass on Monday proposed laying off more than 1,600 government workers in an attempt to close a nearly $1 billion budget gap amid a slumping economy while the city contends ...

The Dow Jones Industrial Average added 312.08 points, or 0.78%, to close at 40,524.79. The Nasdaq Composite rose 0.64% to end ...

resulting in pretax charges of $63.5 million to $67.5 million, including up to $22 million in cash charges related to the job cuts.

PacBio to Cut Jobs, Lower Spending Over NIH Funding Cuts and Tariffs By Sneha S K (Reuters) -Gene sequencing equipment maker PacBio plans to cut around 120 jobs and lower expenses due to fresh ...

Microsoft is mulling job cuts that could happen as soon as next month. The cuts would aim to improve metrics such as "span of control" and "PM ratio." Earlier this year, Microsoft ousted 2,000 ...

Tata Steel Ltd. plans to cut about 1,600 jobs in the Netherlands as it seeks to cut costs and fund its transition to green steel. “Geo-political developments, trade and supply chain disruptions ...

The cuts will fall on management and support roles ... Steel announced Wednesday it was slashing around 1,600 of the 9,200 jobs at its plant in the Netherlands, sparking a furious reaction from ...

Washington’s decision to impose reciprocal tariffs on Chinese goods could force Hong Kong manufacturers to cut jobs or even close down, as many businesses are set to struggle to navigate global ...