You Searched For "Intel layoffs August 2024" and got 20 results
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2 mins read
'Painful news to share' says Intel CEO Pat Gelsinger as company prepares to lay off thousands of employees
Chipmaker Intel has revealed plans to reduce its workforce by 15 percent and the decision could imp…
2 mins read
Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings
Intel shareholders accused the company of hiding problems about its in-house foundry business in a …
Lloyd Lee
3 mins read
Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…
Lian Kit Wee
2 mins read
Walmart is axing hundreds of corporate jobs and bringing remote employees into the office
The Wall Street Journal reported the retail giant is reorganizing its corporate footprint, asking w…
Shubhangi Goel
2 mins read
A major Tesla executive left after 18 years at the company amid mass layoffs
Drew Baglino, Tesla's senior vice president of powertrain and electrical engineering, is leaving. I…
Grace Kay
5 mins read
Tesla's awful 2024 is getting much worse
Fears of layoffs at Tesla had been building along with Wall Street's growing concerns.
Dan DeFrancesco
6 mins read
Decades of leading tech innovation: A look back at Apple’s WWDC journey and its major announcements
This year, the event is particularly exciting, with expectations of updates across several Apple pr…
2 mins read
Russian Storm-Z soldiers are highly likely being sent back into battle with amputations and unhealed wounds: Western intel
Intel blames Russia's overburdened disorganized military medical system for forcing troops to head …
Chris Panella
3 mins read
The 'scariest economic paper of 2022' predicts big layoffs over the next 2 years as the fight against inflation gets more intense
Projections of a rising unemployment rate through 2024 to fight inflation is a "painful outlook" fo…
Jason Lalljee
6 mins read
How CEO David Zaslav is transforming Warner Bros. Discovery, from layoffs and a major reorg to launching a new mega-streaming app, Max
Warner Bros. Discovery slashed streaming losses as it builds out its new app, Max. Here are the cha…
Elaine Low
3 mins read
Delta will avoid involuntary furloughs for most frontline workers when federal aid expires, but pilot layoffs remain likely
Delta managed to avoid furloughing flight attendants and most other front-line workers involuntaril…
David Slotnick
3 mins read
Biden offered Elon Musk a rare bit of praise after Tesla agreed to open up its charging network to rivals by the end of 2024
Amid a wave of backlash, Twitter, Tesla, and SpaceX CEO Elon Musk has received rare praise from an …
Huileng Tan
2 mins read
Wall Street just kicked off an annual Hunger Games-style recruiting ritual for junior talent that has young bankers interviewing till 2 a.m. for jobs that don’t start until 2024
The process of snagging a cushy job with private equity is always insane — but this year may …
Reed Alexander
2 mins read
Can't find a job? It's not you, it's Corporate America.
If it feels like the labor market is breaking up with you, you're not being gaslit; it's harder to …
Juliana Kaplan,Madison Hoff
7 mins read
The rise of Airbnb CEO Brian Chesky, who overcame the COVID-19 travel slump and is now leading the company through rental crackdowns
Brian Chesky, Airbnb's 43-year-old cofounder, had an unconventional path to Silicon Valley. Now his…
Jordan Hart,Dan Latu,Avery Hartmans,Paige Leskin
5 mins read
Being a middle manager is getting more and more toxic
"Sometimes I feel like the workers see me as an agent of the 'evil overlords' and the C-suite sees …
Jacob Zinkula,Madison Hoff
5 mins read
Apple's event will serve as a litmus test for the wider AI industry
Apple's "Glowtime" event is kicking off today. The tech giant will unveil its newest iPhone, alongs…
Dan DeFrancesco
2 mins read
Silicon Valley financial software giant Intuit to pay back $555,000 to 2,600 workers over missed overtime payments
The DOL said Intuit hadn't kept accurate pay records and hadn't paid workers for some time spent on…
Grace Dean
6 mins read
Americans who locked in a job, home, and stocks are thriving. Everyone else missed out on their ticket to wealth.
Americans who locked up jobs, homes, and stocks a few years ago have seen their wealth balloon. Eve…
Jacob Zinkula,Madison Hoff
2 mins read
An Iranian frigate was seen capsizing at port while next to merchant ships, another black mark for the country's record of naval mishaps
The Iranian frigate Sahand was photographed floating on its side as merchant vessels were docked ne…