China’s AI chip champion Cambricon downsizes… Cambricon Technologies, one of China’s top artificial intelligence chip developers, has laid off nearly half the…
George Soros’ foundation lays off 40% of… New York: George Soros’ Open Society Foundations will lay off at least 40 per cent of its staff amonth after the…
Alibaba Cloud to cut 7 per cent of staff ahead… Alibaba’s cloud division is downsizing as it prepares to go public amid economic headwinds that pushed revenue down…
China’s Craigslist, 58.com, is cutting thousands… The operator of China’s oldest classifieds website has begun sweeping lay-offs expected to hit 30 per cent of…
US streaming giant Hulu cuts 200 jobs in Beijing… US streaming giant Hulu is downsizing its research and development (R&D) centre in Beijing, cutting around 200…
Amazon deepens tech-sector gloom with another… US e-commerce giant Amazon said it will cut another 9,000 jobs, adding to the ongoing lay-offs that have swept the…
TikTok owner ByteDance pushes quarterly employee… The change from bimonthly to quarterly reviews shows how ByteDance wants to sharpen operational adjustments in line…
Zoom slashes staff by 15 per cent, CEO Eric Yuan… Amid similar lay-offs by tech giants, the chief executive says he is forgoing his bonus, and other members of his…
Google parent company to lay off 12,000 workers Cuts come at a delicate moment for the US company, which has long been the leader in key areas of AI research. It…
Microsoft lays off 10,000 of its workforce The company said it would also be making changes to its hardware portfolio and consolidating its leased office…