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After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
Top tech firms including TCS, Microsoft, and Intel are cutting jobs globally as AI reshapes business models and skill demands ...
IT giant Tata Consultancy Services (TCS) is planning to lay off around 12,000 employees this year. Read details below.
Over 50,000 jobs slashed in one week as Intel, Microsoft, and TCS lead a global wave of tech layoffs driven by AI and ...
Even after missing out on the smartphone revolution, the automotive sector, and the age of artificial intelligence, Intel ...
The stock has lagged far behind rivals this year, rising 12.8% compared with AI darling Nvidia's 30% gain and AMD's 34%. Intel trades at a 12-month forward price-to-earnings ratio of 42.55 versus ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an ...
Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...
Intel shares fell 5 per cent in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly ...
It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...
The Microsoft leadership team reportedly had a choice of either reducing investment in AI or lay off employees. Read ...