January 18, 2025
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Over 149,000 tech workers lost job in 2024; Intel announces retirement of CEO; Government blocks over 59,000 WhatsApp accounts and other top tech news of the week – Times of India

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This week in tech, significant developments made headlines across the globe. The tech industry continues to face challenges, with over 149,000 workers losing their jobs in 2024 amid economic headwinds. Intel announced the retirement of its long-serving CEO, Pat Gelsinger, signaling a major leadership shift at the semiconductor giant. On the cybersecurity front, the Indian…

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Bosch to cut 7,000 jobs: “At the moment, I cannot rule out …,” says CEO Stefan Hartung – Times of India

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Bosch is planning to lay off 7,000 employees in Germany, mainly in the automotive supply sector, tools division, and BSH subsidiary. Despite aiming for a major acquisition of Johnson Controls worth $8 billion to boost its position in the heat pump and air conditioning industry, Bosch will not achieve its 2024 economic goals. Bosch is…

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General Motors lays off over 1,000 employees, including hundreds of software engineers; says “grateful to … – Times of India

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General Motors is laying off more than 1,000 salaried employees globally in its software and services division, the company confirmed on Monday. The job cuts, which include about 600 positions at GM’s tech campus near Detroit, come as part of a review to streamline operations in the unit.“As we build GM’s future, we must simplify…

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Tech layoffs cross 100,00 in July 2024: Intel, Microsoft, Dyson, UKG and these companies cut thousands jobs – Times of India

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The wave of tech industry layoffs persisted through July 2024, with over 8,000 professionals across 34 technology companies lost their jobs this month. The total layoff count for 2024 has now reached 124,517 employees from 384 companies worldwide. Intel mass layoffs, over 15,000 employees to let go Intel is laying off over 15,000 employees, representing…

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