Business ❯Economics ❯Corporate Strategy ❯Cost-Cutting Measures

Layoffs

Intel Cuts 107 Jobs and Shuts Down Automotive Chip Unit

The initiative reflects CEO Lip-Bu Tan’s push to streamline costs, sharpening Intel’s focus on core client and data center markets.

Volkswagen Faces Crisis Amid Calls for Political Exit from Board

Tech Stocks Face Major Declines as AI Hype Fades