Stay updated with breaking news from New Layoff. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Intel cited the need to accelerate its strategy in a challenging macroeconomic environment while still investing in areas core to its business
EA, behind the "FIFA" soccer videogame franchise and "The Sims", will provide opportunities for employees to move to other projects and where that is not possible will provide severance pay and additional benefits, Wilson said.
Tech giants are looking to slim down and reverse their image as profligate spenders.