Business

Google cuts 12,000 jobs as tech woes bite again

Google's parent company Alphabet announced Friday it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.

Business

Apple's Tim Cook gets $750mn bonus payout

Apple chief executive Tim Cook has received a bonus of some $750 million, reflecting his performance at the US technology giant in his 10 years at the helm, a regulatory filing showed.

Business

Luxury carmaker Bentley to axe 1,000 UK jobs

German-owned luxury car brand Bentley on Friday said it would axe around 1,000 jobs in the UK as the market weathers the coronavirus-induced downturn.

Robotics

Study finds stronger links between automation and inequality

Modern technology affects different workers in different ways. In some white-collar jobs—designer, engineer—people become more productive with sophisticated software at their side. In other cases, forms of automation, ...

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