Companies have been ramping up investments in AI technologies which require heavy computing power, creating a spike in demand ...
Cisco Systems posted lower revenue and profit in its fiscal ... Under this restructuring plan, the company expects to pay up to $1 billion in severance and other costs. The recent quarter was hurt by ...
Cisco Systems reported fiscal first-quarter earnings that exceeded analysts’ expectations and raised its full-year forecast, ...
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 companies, according to independent ...
The Kingdom has spent years investing billions in the tech, including the recent creation of a $40 billion fund dedicated ...
Will inflation data and Fed talks fuel the Trump rally? Key economic reports and Powell’s remarks this week could shape the ...
Recent layoffs in particular were seen from major players like Mozilla ... to mounting losses and a machinist union strike affecting its operations. Qualcomm, Cisco, and Microsoft Laid Off Employees ...
A decline in the purchasing power of American paychecks helped put Donald Trump back in the Oval Office.
The decrease in layoffs, however, raises the possibility that businesses are adapting to the current economic environment and ...
October’s figures indicate a further decline, marking one of the lowest points for layoffs since 2023 and reinforcing the ...
Following a wave of layoffs across the tech industry earlier this year, the pace of job cuts has been steadily decreasing in ...
Wells Fargo Vice President Michael Slusark issued the statement the company makes after each round of layoffs ... Greater Des Moines Partnership's most recent listing of the region’s largest ...