The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...

The car sharing marketplace reported a net loss of about $3.4 million in the second quarter of FY25, compared to $12.4 ...

NTT Data plans to invest billions in India, focusing on apps, BPO, data centers, and innovation to drive growth.

Investment came alongside consolidation, with the firm's overall headcount falling from 220 to 180 during the year ...

Space agency’s flagship research and development center has trimmed its headcount by about 13 percent in 2024.

Reduced vehicle output by the Detroit 3 automakers and a slowdown of requests for bids for new programs has caused widespread revenue decreases for suppliers and anxiety about the year ahead. Many of ...

Piedmont Lithium Inc. (NASDAQ: PLL) has cut more jobs amid a prolonged slump in lithium pricing. A development timeline for ...

The layoffs, which spurred $30.4 million in severance payments, are part of a wider "cost rationalization" plan Pitney Bowes announced in May. The initiative is focused on reducing corporate expenses ...

Appropriation & Staffing Changes from 2024 Budget 2024 Budgeted 2025 Proposed Net Change Percent Change Appropriations $1,423 ...

The global tier-1 business, that has seen headcount rise 31% Year-on-Year (YoY) to 1,188 following two all-cash acquisitions ...

Montréal-based Trolley has raised $32 million CAD in Series B growth equity financing to expand the global reach of its ...