IBM to Shut Down China R&D Operations: Impacting 1,600 Employees and Signaling Shifts in Global Tech Strategy
IBM and their decision to shut down its research and development operations in China impacts approximately 1,600 employees.
Intel Announces Massive Workforce Reduction Amid Financial Struggles
This drastic measure comes on the heels of a disappointing second quarter, where Intel reported a staggering $2.46 billion loss. CEO Pat Gelsinger’s emphasis on the need for radical changes to boost competitiveness,