Tag: layoffs

Economy Financial News

Intel announces layoffs in data center group amid cuts

July 21, 2026
Sophie Laurent

Intel plans to implement layoffs within its data center group (DCG) as part of an initiative…

Economy Financial News

Samsung Cuts Over 800 Jobs Amid Texas Headquarters Move

July 19, 2026
Sophie Laurent

Samsung Electronics has laid off over 800 employees in the United States as part of its…

Company Financial News

US judge allows Meta layoffs amid AI discrimination claims

July 19, 2026
Sophie Laurent

A U.S. judge has denied a request to halt Meta's layoffs, which are set to begin…

Company Financial News

US judge allows Meta layoffs amid AI discrimination lawsuit

July 18, 2026
Sophie Laurent

A U.S. judge has ruled that Meta Platforms can proceed with layoffs affecting 26 employees who…

Company Financial News

Meta Faces Lawsuit Over AI-Driven Layoffs of Employees

July 15, 2026
Sophie Laurent

A group of 26 former Meta employees has filed a lawsuit alleging that the company used…

Company Financial News

Microsoft Cuts 4,800 Jobs in Major Xbox Restructuring

July 6, 2026
Sophie Laurent

Microsoft announced on Monday that it will cut approximately 4,800 jobs, representing about 2% of its…