The company said it would slash up to nearly 10% of its workforce. Dell also warned of a worsening decline after a 17% drop in third-quarter laptop and desktop sales. Source link Source link
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Tech Chief executive says cuts have been ‘most difficult decision’ he has made Source link Source link
Read MorePresident Joe Biden came to office pledging to abandon Donald Trump’s with-us-or-against-us approach to China. Instead, he’s forcing US partners to pick sides in a deepening global technology standoff. Sweeping US curbs announced last month on the sale of semiconductors and chipmaking equipment to China mark a step change in the Biden […]
Read MoreBusiness Plans include a review of spending at all divisions and follows large losses in its streaming business Source link Source link
Read MoreMeta Platforms, Twitter and other tech companies have shown they are economically sensitive, puncturing the myth of ‘permanent acceleration.’ Source link Source link
Read MoreWSJ News Exclusive Tech Layoffs are to begin Wednesday morning, CEO Zuckerberg told hundreds of executives on Tuesday Source link Source link
Read MoreUS media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter. “We have not heard much about the impact (of downsizing) on India. […]
Read MoreThe social-media giant’s planned cuts are expected to affect many thousands of its workforce, which exceeded 87,000 as of September. Source link Source link
Read MoreUdaan is laying off 350 employees, or 10 per cent of its workforce of 3,000, as India’s largest business-to-business e-commerce firm targets profitability, according to people familiar with the development. The e-commerce firm, which plans an initial public offering (IPO) in 12-18 months, is laying off people across department functions in a […]
Read MoreMost industries are still hiring workers as they seek to catch up with demand. Source link Source link
Read MoreTech Twitter is planning thousands of job cuts, and other companies are paring back after unprecedented growth during the pandemic Source link Source link
Read MoreThe move comes about a week after Mr. Musk acquired the social-media platform. Source link Source link
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