Intel announced the dismissal of 15 % of its workers after recording losses in the order of $1.6 billion. The company argues that this is a global plan to save $10 billion in costs by 2025.
The company's CEO, Patrick Gelsinger, announced the measure, indicating that it will be implemented at the…
Read More...
Browsing Tag
layoffs
Change in Google algorithm affects small online business owners
The update of Google's search algorithm and spam filters, at the beginning of the year, has led to the closure of many websites that make a living from online sales, in addition to the dismissal of staff.
The drastic reduction in traffic…
Wages and unemployment, two key issues on International Workers’ Day
On May 1st, Workers' Day is celebrated. Nations remember labor demands, marches and declarations are organized, in a scenario marked by high unemployment rates, increase in informal work, use of AI to replace humans and pension reforms.
In…
Texas replaces 4,000 examiners with an AI
The decision by the state of Texas to replace 4,000 examiners with Artificial Intelligence has generated controversy around the use of this technology and the displacement of human labor.
Those affected are professionals who are in charge…
Banco Santander lays off more than 300 employees in the United States
Banco Santander applied a reduction in its workforce of 2.7 %, equivalent to some 320 employees who now join the ranks of the unemployed in the United States.
The side of Spanish origin decided to reduce jobs specifically in the retail…
Paypal laid off about 2,500 employees
PayPal, the global digital payments giant, would have laid off about 2,500 employees today, in order to reduce operating costs and maximize profit margins.
PayPal cuts payroll An employee of the company who attended a meeting confirmed…
Google will build a data centre in London
In a recent statement, Google revealed its plans to build a billion-dollar data center near London as part of its ongoing expansion in the UK.
This new data center will be instrumental in supporting the company's various services,…
Barclays studies reducing client portfolio and layoffs
The British bank Barclays is studying a strong restructuring that could include the dismissal of some 2,000 workers in the administrative and technology sectors, as well as the elimination of 2,500 clients among the least profitable.
The…
Binance applies job cuts
Data provided by the CNBC portal and the Wall Street Journal confirm that the Binance exchange laid off 1,000 workers. The measure could continue up to 3,000 jobs.
In the midst of the crisis that the crypto market is experiencing and the…
WhatsApp Business can also be linked on 4 devices
WhatsApp replicated the improved multi-device mode in its version for companies, WhatsApp Business, in such a way that firms can enable up to four employees to connect to the same account in the messaging application.
Meta announced last…
Morgan Stanley plans to cut 3,000 jobs
The US investment bank Morgan Stanley plans to eliminate approximately 3,000 jobs by the end of June, according to the US network CNBC, citing a source with knowledge of the entity's plans.
The adjustment would equate to about 5 % of the…
Disney begins another round of mass layoffs
The American entertainment giant The Walt Disney Company began its second round of layoffs, which foresees, once fully completed, the departure of 7,000 employees during 2023, which represents 3.6 % of its workforce.
Thus, once this round…