Apple recently notified the California Department of Employment Development of its decision to lay off over 700 employees. This move may be linked to the cessation of the development of a vehicle project known...
Founded in 2015, SiFive stands as the world’s pioneering semiconductor firm built upon the RISC-V architecture. By 2020, the firm secured a Series E funding round amassing $61 million, spearheaded by SK Hynix and...
In August of this year, Qualcomm unveiled its financial results for the third quarter of fiscal 2023 (ending June 25, 2023), and the figures were somewhat disheartening. Mobile chip operations, a predominant segment for...
Clubhouse, which quickly became popular during the pandemic with its online chat room experience, was confirmed by founders Paul Davison and Rohan Seth to undergo a 50% staff reduction and a company reorganization. However,...
Amazon CEO Andy Jassy confirmed earlier that the company will lay off approximately 9,000 employees by the end of April, covering AWS, human resources, advertising, and Twitch-related businesses. Since announcing the layoff of approximately...
Lenovo recently released its third-quarter results for the 2022-2023 fiscal year, showing a net profit of $4.37 million, a year-on-year decline of 32%, ending the past 10 consecutive quarters of growth. With the downturn...
The recent wave of layoffs has swept across the entire technology industry in the United States. Due to the plummeting sales of PCs, some companies have shut down due to the imminent economic recession,...
