Yahoo to lay off 20% of its workforce
Yahoo said Thursday that it will cut 20% of its total workforce by the end of this year as it restructures its advertising unit, just the latest example of the layoffs spreading throughout the tech and media industries......»»
Ford to keep Germany plant open to 2032
Ford will retain about a fifth of the workforce at the plant after Focus production ends as it seeks to sell the factory......»»
Lucid is cutting 18% of workforce amid slow sales
EV startup Lucid is reducing positions across the organization a cost-cutting measure, the California automaker said in a regulatory filing......»»
EV startup Lucid plans to cut about 18% of its workforce, report says
Lucid, which had about 7,200 employees at the end of last year, will communicate details of the layoffs in the next three days, according to the report......»»
Prioritizing data security amid workforce disruptions
Businesses have faced massive disruptions in their workforce – many are requesting employees return to the office, and layoffs are rattling several industries. This disruption in the workforce can open organizations up to significant security breac.....»»
Foreign firms competing for Taiwanese IC design talent
While many international semiconductor firms have recently initiated massive layoffs or workforce adjustments amid the correction in global macroeconomic conditions, talent hunting in Taiwan's IC design industry reportedly remains relatively bullish,.....»»
Meta"s "year of efficiency" continues, thousands more expected to be laid off
Meta is not quite finished streamlining its workforce, with plans for another culling of thousands of employees being considered by management.Meta CEO Mark ZuckerbergIn November, Meta CEO Mark Zuckerberg said the company was laying off 13% of its wo.....»»
Applied, ASML to beef up workforce in Taiwan
Applied Materials and ASML are both on a hiring spree in Taiwan, offering generous salaries and benefits in order to snare local talent, reportedly to support their expansions catering to TSMC's fab projects, according to industry sources......»»
EIH, Merck step up hiring in Taiwan
Merck, a supplier of chipmaking chemicals and materials, and e-paper solution provider E Ink Holdings (EIH) are both on a hiring spree to beef up their workforce in Taiwan, according to industry sources......»»
Apple is the biggest blue-collar job creator in India
After a period of rapid expansion over the last few years, Apple and its suppliers have directly supplied 100,000 new jobs to the India workforce just in the last 19 months — and more are coming.Chennai, India [Unsplash/Karl Janisse]In 2021, it was.....»»
Psychology researchers find communication is key in reducing prejudice in workforce
A team including two Illinois Institute of Technology associate professors of psychology and an Illinois Tech graduate has published a paper showing that autonomy-supportive communication is crucial in reducing prejudice in the workplace......»»
Perimeter 81 and TD SYNNEX provide secure network access for the modern workforce
Mitigating persistent cyber threats has made network security mission critical for businesses of all sizes. The 2022 U.S. Cybersecurity Census Report found that the average business experiences 42 cyberattacks each year, amplifying the need for a com.....»»
Study finds parents serve as a safety net as grown kids navigate the workforce
A new study underscores the role that parents play as a safety net for their young adult children as those children navigate the labor market, and highlights the challenges facing young adults who do not have access to parental support......»»
How advancing cyber education can help fill workforce gaps
The ongoing cybersecurity skills shortage is a critical issue plaguing organizations and causing serious problems. The lack of trained and qualified professionals in the field has resulted in numerous security breaches, leading to the loss of large a.....»»
Memory firms brace for workforce reductions
A number of memory chipmakers and solution suppliers are reorganizing their teams and reallocating resources, with plans to scale down their workforces, according to industry sources......»»
CompTIA collaborates with IBM to prepare more people for tech-related careers
CompTIA has reported that up to 2,000 people across the country, from communities that are underrepresented in technology, will be trained to work as technical support and help desk professionals as part of its new workforce development program. Comp.....»»
iPhone charger supplier to double workforce in India
Along with Apple suppliers looking to expand their production and headcounts in India, Finland-based Salcomp plans to double its workforce and eyes a five-fold revenue in three years to capitalize on the China-plus-one shift......»»
Apple supplier Salcomp has big plans for India
Bolstered by successes, Finnish Apple supplier Salcomp plans to double its workforce in India to 25,000 in three years, as part of a wider push away from a China-centric supply chain.Chennai, India [Unsplash/Karl Janisse]Salcomp is a supplier of smar.....»»
Tech layoffs: Yahoo to slash 20% of its workforce
Yahoo joins the growing list of tech companies cutting jobs as consumer and corporate spending shrink......»»
Retirement-age workers stick around if businesses keep investing in them, says study
Seventy-five million people from the Baby Boomer generation will be retiring by 2030. The departure of this staggering group of workers will leave a wide gap in the workforce, causing concern among employers about how to prepare......»»
Yahoo to lay off 20% of its workforce
Yahoo said Thursday that it will cut 20% of its total workforce by the end of this year as it restructures its advertising unit, just the latest example of the layoffs spreading throughout the tech and media industries......»»