The layoffs would affect about 1,040 employees and are part of a shift in AMD’s broader business strategy.

AMD had doubled its headcount in recent years to tackle the surge in demand for high-performance processors used in AI data ...

The car sharing marketplace reported a net loss of about $3.4 million in the second quarter of FY25, compared to $12.4 ...

NTT Data plans to invest billions in India, focusing on apps, BPO, data centers, and innovation to drive growth.

Investment came alongside consolidation, with the firm's overall headcount falling from 220 to 180 during the year ...

Space agency’s flagship research and development center has trimmed its headcount by about 13 percent in 2024.

Our headcount was 313 at the end of the third quarter of 2024. We expect our headcount to remain similar in the fourth ...

Reduced vehicle output by the Detroit 3 automakers and a slowdown of requests for bids for new programs has caused widespread revenue decreases for suppliers and anxiety about the year ahead. Many of ...

The increase of $4.5 million or 60% was primarily due to a $2.1 million increase in personnel expenses, including stock-based ...

Piedmont Lithium Inc. (NASDAQ: PLL) has cut more jobs amid a prolonged slump in lithium pricing. A development timeline for ...

You should have received a copy of the earnings release for Nagarro's third quarter 2024 results. If you have not received the press release, you can find a copy along with today's presentation in the ...

The layoffs, which spurred $30.4 million in severance payments, are part of a wider "cost rationalization" plan Pitney Bowes announced in May. The initiative is focused on reducing corporate expenses ...