April 15, 2025
Random News

News Express

News at your Finger Tips

Tag: pat gelsinger

How Intel CEO Pat Gelsinger could not get 56-year old chipmaker’s comeback plan right – Times of India

admin09 mins

Intel CEO Pat Gelsinger‘s ambitious three-year effort to restore the 56-year-old American chipmaker to its former glory has faltered amid strategic blunders, manufacturing setbacks, and deepening financial losses, forcing the company to lay off 15,000 employees and fundamentally restructure its operations.Under Gelsinger’s watch, Intel’s revenue has plummeted to $54 billion in 2023, nearly one-third below…

Read More

Intel mass layoffs begins: Over 2,000 jobs in these locations impacted – Times of India

admin02 mins

FILE PHOTO: FILE PHOTO: llustration taken January 8, 2024. REUTERS/Dado Ruvic/File Photo/File Photo Intel has begun implementing mass layoffs that it announced back in August, impacting more than 2,000 jobs across several US states. The company says these workforce reductions are part of its broader cost-cutting measures. Employees in Oregon, Arizona, and these other US…

Read More

1 lakh jobs axed in July in the technology sector: How to secure your position amidst massive tech layoffs in 2024 – Times of India

admin011 mins

The tech sector is experiencing unprecedented volatility in 2024, with massive layoffs and widespread uncertainty. Economic pressures, rapid technological advancements, and shifting market demands have led to significant job cuts. Companies like Intel, Microsoft, and UKG are slashing their workforces, highlighting the need for professionals to continuously upskill and adapt.The wave of tech industry layoffs…

Read More

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

admin08 mins

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…

Read More