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AMD Lays Off 1,000 Employees
Sweeping layoff by Nvidia rival AMD includes dozens at Bay Area headquarters
Advanced Micro Devices, a massive Santa Clara tech company that designs incredibly complex computer chips, is laying off 4% of its staff. The sweeping cut includes at least 129 California workers. AMD finished 2023 with about 26,
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia
AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
AMD cuts 1,000 staff to focus on AI chips in battle with Nvidia
The company’s data centre segment has performed vastly better than its personal computer and gaming units this year.
Chipmaker giant AMD to cut 1,000 jobs as it battles Nvidia
Computer chipmaker AMD is laying off around 1,000 employees, or around 4% of its workforce, becoming the latest Silicon Valley tech giant to slash expenses. The Santa Clara-based company said it is “aligning our resources with our largest growth opportunities.
Boeing issues layoff notices
Boeing starts issuing layoff notices as planemaker trims 10% of workforce
Boeing said on Wednesday it is issuing layoff notices starting this week to workers impacted by a broader plan by the heavily indebted planemaker to cut 17,000 jobs, or 10% of its global workforce.
Boeing delivers layoff notices to 17,000 workers amid financial struggles
Boeing started issuing layoff notices Wednesday to 17,000 employees to cut 10% of its workforce in an effort to shore up the aerospace giant's shaky finances.
Boeing begins issuing layoff notices to workers starting this week, Reuters says
Boeing (BA) has started issuing layoff notices this week to workers impacted by its plan to cut 17,000 jobs, or 10% of its global workforce,
14h
Boeing cutting 17,000 jobs to ‘adjust its workforce’ after labor union strike
The cuts, which come after a labor union strike, equate to 10% of its workforce. “We are adjusting our workforce levels to ...
2d
on MSN
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report by the Russian Kommersant ...
9d
on MSN
Amazon CEO denies full in-office mandate is 'backdoor layoff'
Amazon CEO Andy Jassy said at an all-hands meeting on Tuesday that the plan to require employees to be in-office five days ...
The Gazette
2d
Boeing starts issuing layoff notices starting this week
WASHINGTON (Reuters) - Boeing said on Wednesday it is issuing
layoff
notices starting this week to workers impacted by a ...
1d
Fresh from a layoff bloodbath that cost over 2,500 jobs, Microsoft is already thinking about dropping the big bucks on more acquisitions
The business world stops for no one, I suppose.
Business Daily Africa
2d
Layoff packages: Turn a bitter end into golden opportunity
Whether it's the launchpad to an exciting new chapter or a safety net to break your fall, a well-handled layoff package can ...
1d
Pink slips arrive for laid-off Boeing workers as company begins 10% cut
Boeing began notifying workers who will be laid off on Wednesday, part of a 10% reduction in its workforce over the coming ...
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