Cuts come at a delicate moment for the US company, which has long been the leader in key areas of AI research. It follows a raft of layoffs in the tech sector recently. Source link
Read More »Microsoft lays off 10,000 of its workforce
The company said it would also be making changes to its hardware portfolio and consolidating its leased office locations. Source link
Read More »China smartphone shipments continue to decline amid sluggish local demand
Total smartphone shipments to China reached 214.5 million units from January to October, down from 275.3 million in the same period last year. Source link
Read More »Rumours plague crypto firm Amber Group as cut China staff await compensation
Former employees of Amber Group in Shenzhen say they were blocked by HR and the CEO after requesting money they are owed. Source link
Read More »Amazon to cut 10,000 jobs in largest-ever lay-offs
Some long-time Amazon employees, also speaking on condition of anonymity to discuss an internal matter, said the cost-cutting in the last few months has been the most severe they have ever experienced. The New York Times earlier reported the planned lay-offs. The world’s largest online retailer has spent much of …
Read More »Singapore lay-offs dip as unemployment drops
Resident jobless rate fell for the third straight quarter, as the economy continues to recover from the pandemic; non-resident employment formed the bulk of job increases, mainly in the construction sector. Source link
Read More »China’s tech sector is losing appeal among the best and brightest
China’s tech sector is losing its shine as a career choice for the country’s best educated and most entrepreneurial amid widespread headcount cuts, subdued growth and intense regulatory scrutiny, according to jobseekers and workers in the sector. Evan Liu, a 28-year-old with a master’s degree from the US, did not …
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