Business
Swedish telecommunications equipment manufacturer Ericsson said Friday it had suffered a $1.0 billion quarterly loss after writing down the value of its purchase of US cloud-based communications operator Vonage.
Jul 12, 2024
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1
Business
Bay Area tech layoffs jumped during the last three months and soared to their highest quarterly totals in over a year, an ominous sign the crucial sector's wrenching cutbacks have yet to run their course.
Jul 4, 2024
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23
Business
Google has halted its plan to construct a fourth building for its Kirkland campus, according to a research report.
Apr 8, 2024
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1
Business
Sony will cut about 900 jobs in its PlayStation division, or about 8% of its global workforce, becoming the latest company in the technology and gaming sector to announce layoffs.
Feb 27, 2024
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1
Automotive
German auto supplier Continental said Wednesday it would cut some 7,150 posts worldwide by 2025 as the difficult switch to electric vehicles forces companies in the sector to retool.
Feb 14, 2024
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29
Business
Tech companies have revealed decisions to slash more than 3,900 jobs in the Bay Area so far in 2024, cutbacks fueled by hundreds of staffing reductions in February that hint at a forbidding year for the crucial industry.
Feb 8, 2024
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0
Business
Tech layoffs have piled up since the start of the year, but analysts say that it could be a new normal for Silicon Valley in a big pivot to artificial intelligence.
Jan 29, 2024
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8
Business
A bunch of companies in the technology sector have been laying off some of their employees recently after quickly ramping up hiring during the COVID-19 pandemic while people spent more time and money online.
Jan 24, 2024
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1
Business
TikTok is laying off dozens of workers in its advertising and sales unit, becoming the latest tech company to trim jobs in the new year.
Jan 23, 2024
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1
Business
Google CEO Sundar Pichai has warned employees that more layoffs are in store at the search engine giant as it focused on new priorities, including artificial intelligence.
Jan 18, 2024
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