Tan said in a letter to employees that layoffs would start this quarter and continue over several months, although he didn’t quantify how many employees would be affected.

Tan has now been in the role for five weeks, taking the helm in mid-March. Tan did not specify the number of layoffs the company is planning, despite a report from Bloomberg earlier this week that ...

Here’s what you need to know about those layoffs and the latest movement in Intel’s stock price. The most devastating news to come out of Intel yesterday was that earlier reports were correct ...

Meta did not specify how many people were impacted by the layoffs but said that the cuts impacted people working on Quest products, including Supernatural, a VR exercise app. Meta acquired Within ...

HOUSTON — ConocoPhillips (NYSE: COP) is planning more layoffs after acquiring fellow Houston operator Marathon Oil Corp. for $22.5 billion in November. A spokesperson for ConocoPhillips ...

Intel, is all set to layoff over 20% of its workforce ... Just last week, Tan was cutting shirt the firm’s leadership team and even chose a new AI chief to take care of Intel's artificial intelligence ...

The US operator has hired Boston Consulting Group to advise on the transformation and layoffs, Reuters reported, citing anonymous sources. The size of the reductions has yet to be determined ...

Here are the agencies and nonprofit organizations whose funding cuts and resulting layoffs could most affect North Texans. The Observer will continue updating this list as new information becomes ...

Up to 100 workers at Volvo Group’s engine and transmission plant in Hagerstown will be part of hundreds of layoffs in three states amid market uncertainty and recent tariffs. Volvo Group ...

The times couldn’t be better for job scammers. Layoffs in the tech and public sectors, coupled with the malicious use of artificial intelligence, are fueling strong growth in fraud aimed at job ...

Peraton will lay off 49 employees at its Princess Anne, Maryland facility on April 30. The affected employees were notified on April 16. Peraton is a national security company specializing in IT ...

Five Fond du Lac School District teachers facing preliminary layoff notices will have private conferences Wednesday. The layoffs are part of a larger cost-cutting plan after a failed referendum to ...