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"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Intel plans over 2,300 job cuts in Oregon, part of a global restructuring to become leaner amid intense AI competition.
About 1,300 people will lose their jobs in layoffs at Indeed and Glassdoor.
Eleven Ohio hospitals face risk under Trump's bill, cutting over $1 trillion from Medicaid, say Democratic senators.
Thyssenkrupp Steel Europe AG and IG Metall reached a restructuring agreement that will allow planned job cuts to proceed without forced layoffs through 2030, according to an emailed statement from ...
Are the optics of job cuts at a time when sales are declining a good look or comforting for investors? Of course not. Is Rivian's move to slash 1% of its workforce a red flag, though? Absolutely not.
Are the optics of job cuts at a time when sales are declining a good look or comforting for investors? Of course not. Is Rivian's move to slash 1% of its workforce a red flag, though? Absolutely not.
CEO Lip-Bu Tan said investments like Ohio One were "unwise" because there was not market demand for such a major investment and outright canceled similar manufacturing projects in Poland and Germany.
The esteemed Second Harvest Food Bank of the Mahoning Valley and the robust network of similar nonprofits in the Ohio Association of Foodbanks have never met a challenge they could not slay. Over ...