Business
Another California tech company lays off thousands, citing AI
The layoffs bludgeoning the tech industry continued this week as artificial intelligence reshapes the industry. Mountain View-based…
Tag
Lays
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Yogi Adityanath lays foundation stone for Gorakhpur International Cricket Stadium: Capacity, location and other details
At the Bhoomi Poojan and foundation stone laying ceremony of the Gorakhpur International Cricket Stadium on Saturday, Uttar Pradesh chief…
Business
Oracle lays off thousands in latest sign of tough times for tech industry
Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on artificial intelligence. On…
Business
Epic Games lays off 1,000 employees, citing dip in 'Fortnite' popularity
Epic Games, the developer of the popular video game “Fortnite,” is laying off more than 1,000 employees and cutting $500 million in costs.…
News
Turkey’s STM lays the keel of the first ship for the Portuguese navy
ANKARA — The keel of the first naval support vessel for the Portuguese sea service was laid in Ada Shipyard in Istanbul this week. Turkish…
Business
Space NK Defies British High Street Gloom, Lays Ground for Further Growth
LONDON — Demand on the U.K. high street is suffering, but not for Space NK, which grew faster than the market in the pre-holiday period,…
Business
DBS lays groundwork for significant risk transfers: sources
South-east Asia’s largest bank held preliminary talks with funds investing in SRTs DBS Group Holdings is weighing a foray into the market…
Business
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor…
Business
Google lays off dozens of workers in Sunnyvale
Google said it plans to lay off dozens of workers at its Sunnyvale offices, following job reductions at other large tech firms. Google…
Business
Elon Musk's xAI lays off 500 people training its its Grok chatbot
Elon Musk’s artificial intelligence startup xAI has laid off 500 workers from its data annotation team, which helps train its Grok…
Business
Rivian lays off hundreds of employees ahead of the end of EV tax credits
Rivian has laid off about 200 employees as the electric vehicle maker prepares for a U.S. economy with fewer incentives to go green. The…
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Mediacorp lays off 93 staff due to rapid scale and pace of change in media landscape
Mediacorp on Monday (Sep 1) announced that it is laying off 93 staff in response to a rapidly changing media landscape with mobile-first…
Business
Bank of Korea holds for now, lays ground for rate cut after Fed
The Bank of Korea (BOK) paved the way for a possible interest rate cut after an expected move by the Federal Reserve next month while…
Business
Kroger lays off 1,000 corporate workers in cost-cutting move
Kroger is laying off nearly 1,000 corporate employees as the grocery-store operator moves to trim costs and simplify its business…
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BlueSG lays off staff ahead of operations pause to revamp app and fleet
BlueSG on Monday (Aug 4) announced that it haslaid off staff ahead of a pause in its car-sharing operations from Friday, while it prepares…
Business
SPH Media lays off 11 workers with decommissioning of old printing presses
SPH Media will lay off 11 production workers, following the decommissioning of two of the company’s 30-year-old printing presses which…
Business
Microsoft lays off thousands in latest cuts to state's tech industry
There was more bad news for the tech sector Wednesday as Microsoft announced reductions to staff, preparing for thousands of layoffs…
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London Lays Out a Cultural Feast
What to See ‘Yoshitomo Nara‘ Yoshitomo Nara’s googly-eyed girls will be at the Hayward Gallery from June 10 until Aug. 31, part of the…
Culture
Disney lays off hundreds in film, TV as industry woes linger
Walt Disney is laying off several hundred employees across its film and TV businesses, cuts that underscore the entertainment industry’s…
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Electronic Arts lays off hundreds of workers in latest round of cuts
Electronic Arts, the global video game company, is slashing its workforce again. The company, based in Redwood City, Calif., has…
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Electronic Arts lays off hundreds, cancels ‘Titanfall’ game
Electronic Arts (EA) is laying off hundreds of workers and cancelling a Titanfall game that was in development at its Respawn…
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QVC Group Lays Off 900 Employees
QVC Group’s consolidation plans have resulted in a reduction in the organization’s headcount. The recently renamed parent company of QVC…
Business
Bristol Airport lays out plans for long-haul flights
Bristol Airport has opened a consultation on its expansion plans, which include launching direct long-haul flights to destinations such as…