The company had announced two rounds of layoffs this year in a bid to cut costs, as it shifts focus to cybersecurity, cloud ...

Companies have ramped up investments in AI technologies which require heavy computing power, creating a spike in demand for ...

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has more than 130,000 job cuts across 457 companies, according to independent ...

In a bold move to revive Tidal’s relevance in the music streaming industry, Jack Dorsey has initiated another round of major layoffs, urging the platform to “get back to basics” and operate ...

According to a recent filing with the US SEC, Dropbox stated the mass layoffs at the company could cost up to $68 million in cash expenditures. Additionally, the company would bear between $47 ...

Please verify your email address. Nintendo has denied layoffs at its game-testing subsidiary Mario Club Co., Ltd, debunking rumors from a Japanese publication. Despite rumors, Nintendo is gearing ...

Isaac cited two unnamed inside sources. Kraken last implemented layoffs in November 2022, when it cut 1,100 people, or 30% of its workforce, due to “market conditions.” It provided those ...

Cisco (CSCO) is breaking out the AI thunder. On Tuesday at its annual Partner Summit conference in Los Angeles, Cisco unveiled a new high-density GPU server for customers who want to train large ...

Cisco introduces plug-and-play use case and industry-specific AI PODs, making it easier for partners to sell and customers to deploy AI infrastructure Company also expands UCS portfolio with new ...

LOS ANGELES--(BUSINESS WIRE)--Lenovo and Cisco today debuted the latest innovations from their strategic partnership announced in May. At the Cisco Partner Summit 2024, the two companies unveiled ...

None of the stores are targeted for potential layoffs. The layoffs may not happen if the sale to Do It Best is approved by regulators, according to a statement True Value filed with the state and ...

Spirit Airlines has announced layoffs and jet sales amid financial woes. Spirit said in a regulatory filing Thursday that it has identified roughly $80 million of cost-cutting measures that will ...