Intel Shifts Sub-3nm Chip Production to TSMC Amid 15% Global Layoffs
Intel moves sub-3nm production to TSMC, announces 15% global layoffs to cut costs and reverse losses.
Layoffs
AI Threatens Jobs: 83% Entry-Level Professionals Concerned
83% of entry-level professionals fear job loss due to AI’s impact, highlighting the urgent need for upskilling in AI and ML.
Klarna Turns Loss into Profit with AI Efficiency Boost Amid Mass Layoffs
Klarna’s AI-driven strategy cuts 2,000 jobs, boosts customer service efficiency by 80%, and transforms financial losses into profits.
LG Display Cuts Jobs Amid Losses; 1,400 Employees Voluntarily Retire
LG Display faces large-scale job cuts due to financial losses, with 1,400 employees opting for voluntary retirement as part of cost reduction efforts.
IBM China Adjusts Operations, Ensures Continued Customer Support Amid R&D Department Closure
IBM China confirms operational adjustments, including the closure of its R&D department, but assures that customer support capabilities will remain unaffected.