Washington Regional announces restructuring, job cuts
Washington Regional Medical System announced Thursday it is restructuring its organization and eliminating 86 positions as part of…
Another California tech company lays off thousands
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry. Mountain View-based Intuit,…
Cisco to cut about 4,000 jobs in AI-focused restructuring as orders surge
By Juby Babu May 13 (Reuters) – Cisco said on Wednesday it would cut nearly 4,000 jobs, as…
Godrej Industries eyes wealth management push with fresh subsidiary
The listed holding company, Godrej Industries Ltd, last week incorporated a new subsidiary, Godrej Investment Ltd, which will…
Nestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is ‘automation’
Nestlé will lay off 16,000 employees worldwide as recently-appointed CEO Philipp Navratil looks to turn around the world’s…
Tech war: Huawei executive claims victory over US sanctions with computing, AI ecosystem
China has virtually overcome crippling US tech restrictions, according to a senior executive at Huawei Technologies, as mainland-developed…