Business
Cisco to lay off more than 400 workers in California
San José tech company Cisco plans to cut 471 workers in three Bay Area offices, according to layoff notices filed to a state agency. The…
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Business
California tech company Cloudflare to lay off more than 1,000 workers, cites AI
Cloudflare is laying off 20% of its staff, the latest technology company to announce big cuts as it uses more artificial…
Business
Crypto exchange Coinbase to lay off 14% of staff as AI reshapes work
Cryptocurrency exchange Coinbase said it’s slashing roughly 14% of its workforce or about 700 workers, partly because artificial…
Business
ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plans reported stronger-than-expected bookings in the…
Business
Citigroup to lay off more employees in March
Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources…
Business
Bay Area semiconductor testing company to lay off more than 200 workers
Semiconductor testing equipment company FormFactor is laying off more than 200 workers and closing manufacturing facilities as it seeks to…
News
Singapore: 32-Year-Old Man Arrested Over Boon Lay Drive Knife Incident, Faces Weapons Charge
A 32-year-old man has been arrested in connection with a knife-related incident at Boon Lay Drive earlier this month, police said on…
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Who Is Joshua Michals? Nepo Baby and Wealthy American Goldsmiths Student Stabbed Girlfriend and Called Dad Asking for Lawyer as She Lay Dying
A wealthy American college student stabbed and killed his girlfriend in her London flat and then, instead of calling 999, phoned his…
Business
Abu Dhabi Banks Lay Groundwork for Potential Risk Transfer Deals
The global SRT market is set to expand 11% annually on average in the next two years Two of Abu Dhabi’s biggest commercial banks are…
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Singapore: 3 Teenagers Nabbed After Allegedly Torching Boon Lay Flat Door in Loan Shark Case
Three teenagers, aged between 14 and 15, were arrested by the Singapore police for their suspected involvement in a case of loan shark…
Business
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off…
Business
Bumble to lay off 30% of global workforce as dating apps struggle
Bumble said on Wednesday (Jun 25) it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to…
News
Man, 30, Under Probe for Assaulting 31-Year-Old SMRT Bus Driver at Singapore's Boon Lay Interchange
After an altercation with a passenger at Boon Lay interchange on Friday morning, March 28, a 31-year-old bus driver was transported to the…
Business
German retailer Otto to lay off 480 call centre employees
The logo of the Otto Group is displayed at the company headquarters against a blue sky. Otto, one of Germany's biggest e-commerce players,…
Business
Stellantis to lay off 1,100 workers at Ohio Jeep plant
STELLANTIS said on Wednesday (Nov 6) that it is laying off about 1,100 employees at a Jeep Gladiator plant in Toledo, Ohio, as it works to…