As global telecom players across Europe, the US, Japan, and South Korea face mass layoffs and resource constraints, market contraction is accelerating. Meanwhile, Huawei is bucking...
Microsoft is reportedly laying off around 6,000 employees, or about 3% of its global workforce, with most of the cuts concentrated in the US. The tech giant has also made organizational...
Microsoft Corp. said it will cut 6,000 workers across the company in an effort to reduce management layers. The planned terminations will amount to less than 3% of total headcount...
Nissan Motor plans to cut around 20,000 jobs worldwide—more than twice the 9,000 announced in late 2024—as part of a sweeping restructuring effort aimed at reversing declining...
Panasonic Holdings has unveiled plans to lay off approximately 10,000 employees, split evenly between Japan and overseas, as part of structural reforms to improve profitability. The...
For five consecutive quarters through the first quarter of 2025, Intel Corporation has grappled with a staggering cumulative net loss of US$19.57 billion, marking the most protracted...
Renesas Electronics CEO Hidetoshi Shibata said on March 26 that layoffs and a pay freeze are necessary responses to the prolonged slump in the global semiconductor market. Speaking...
In 2025, the automotive industry is projected to surpass healthcare, technology, and financial services for the first time to become the sector most impacted by disruptive changes...
Chinese electric vehicle (EV) startup Neta Auto has commenced the dissolution of its R&D staff at its Shanghai headquarters, according to industry rumors in China.
Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The company has announced the layoff of approximately 2,000 employees,...
The wave of layoffs sweeping through the global automotive industry shows no sign of slowing, with major international Tier 1 suppliers--Germany's Continental, Bosch, and ZF--bearing...
The tariff approach of US President Donald Trump seems to be hindering the recovery of the notebook market, prompting brand vendors to explore various strategies for reducing costs...
Leading silicon carbide (SiC) manufacturers, including STMicroelectronics, Onsemi, Infineon Technologies, and Wolfspeed, posted dismal financial results, fueling concerns that the...
Nissan Motor plans to cut approximately 9,000 jobs worldwide as part of a major restructuring effort, according to reports from Kyodo and Nikkei Asia. More than...
The global automotive supply chain faced widespread layoffs as mainstream and emerging suppliers struggled with sustained low-profit margins in 2024. With no clear signs of recovery,...
