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Arm reportedly approached Intel to acquire its product division, but was rejected by the latter
On September 26th, sources familiar with the matter revealed that chip design giant Arm had had contact with Intel regarding the acquisition of its product division, but was informed that the busines ... -
Microsoft will lay off 650 employees in the Xbox gaming division
Microsoft will lay off 650 employees in the Xbox gaming division. -
Boeing Defense Department Head Resigns, New CEO Embarks on Major Restructuring
Boeing has dismissed the heads of its defense and space departments, marking the company's first major restructuring since Kelly Ortberg took over as CEO last month. On September 20th local time, Aut ... -
Does the closure of IBM's R&D department in China affect thousands of people? Company response
IBM China's R&D department shutdown affects thousands of people? Company response: The reporter confirmed from IBM China that IBM will completely shut down its R&D department in China, involving more ... -
Shobhit Maini, Global Head of Digital Assets at Citigroup's Markets Division, has reportedly resigned
On August 12th, an internal memo revealed that Shobhit Maini, Global Head of Digital Assets at Citigroup's Markets division, has resigned and will seek entrepreneurial opportunities in the digital as ... -
How to stabilize stock prices and growth? Nike targets its product innovation department
Global sportswear giant Nike is also feeling pressure to maintain growth and stabilize its stock price. At the end of June 2024, Nike released its annual report for the fiscal year 2024, covering the ... -
Tesla launches a new round of layoffs involving multiple departments such as software and engineering
On May 7th, Beijing time, the reporter learned that Tesla has launched a new round of layoffs, and employees in multiple departments such as software, services, and engineering have received layoff e ... -
The giant has been exposed to lay off employees again! Profit making department
On April 10th, Amazon China was reported to have laid off employees. According to sources close to the news, Amazon China has indeed received a layoff notice email from its headquarters. However, the ... -
The US air traffic control department requires Boeing to develop a plan to address quality control issues
On the 28th, the Federal Aviation Administration of the United States requested Boeing to develop a comprehensive action plan within 90 days to address its "systemic quality control issues" in a stat ... -
Barclays sets a cost reduction target of £ 2 billion and will restructure into five new operating departments
Barclays announced on February 20th that it will achieve a tangible return on equity of 9% in 2023. To achieve its new goal of increasing the return rate to over 12% in the coming years, Barclays has ... -
Nvidia is reportedly creating a custom cloud computing chip department
On February 9th, sources informed that Nvidia is creating a new business unit focused on designing custom chips, including advanced AI processors, for cloud computing companies and other enterprises. ... -
Amazon is reportedly laying off hundreds of employees in the healthcare sector
Amazon is reportedly laying off hundreds of employees in the healthcare sector as part of its cost reduction efforts. -
Three senior executives are reported to have left Citigroup's stock trading department
On January 18th, it was reported that three senior executives, Tim Gately, Thomas Lynch, and Matt Brady, had left Citigroup's stock trading department and the company was undergoing a thorough restru ... -
Barclays informs employees that 900 positions may be cut in the backend department
On November 29th, Barclays informed its employees that hundreds of backend jobs are at risk of being laid off in order to reduce costs and increase returns. According to a statement from the union Un ... -
About 180 layoffs in Amazon's gaming department
According to a memo on November 13th, Amazon has laid off approximately 180 employees in its gaming department. After the initial restructuring in April, it is clear that we need to focus more resour ... -
Amazon has laid off employees in its music department
Amazon has laid off employees in its music department. A spokesperson for Amazon confirmed on November 8th local time that the company has started cutting positions in the music department, the lates ... -
Ideal Car Adjusts Perceived Quality Department Architecture
Beijing News Shell Finance News (Reporter Chen Weicheng) On October 17th, at the media communication meeting of Ideal Automobile's "Perceived Quality (PQ) Technology Day", the relevant person in char ... -
Netflix has confirmed that it will restructure its animation division, which could result in layoffs and the suspension of two films in the pipeline
A Netflix spokesperson confirmed media reports on October 11 that Netflix's animation division will be restructured, resulting in layoffs and the suspension of two films in the pipeline. The spokesman ...