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Microsoft is cutting 10,000 jobs

In a memo sent to employees, Microsoft's CEO called such decisions 'difficult, but necessary' Microsoft today issued a filing that detailed plans to lay off 10,000 employees as part of broader cost-cutting measures. Company CEO Satya Nadella discussed the job cuts at this year’s World...

Nokia says planned job cut won’t impact 5G product development

  Finnish vendor Nokia announced plans to cut 180 jobs in its home country as part of ongoing restructuring efforts designed to slash €500 million ($556 million) from operating costs and increase investment in the fields of 5G and digitalization, the vendor said in a...

Qualcomm to reportedly cut 10% of its workforce

Chipmaker also facing new antitrust allegations Qualcomm is reportedly weighing several options, including job cuts, to boost profits as it prepares to discuss its annual earnings. One of the options could include job cuts, according to a report by The Information. The report, which cites unnamed sources,...