cuts

Intel cuts employee and exec pay amid PC market downturn

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Intel said last week that its profit margins were sinking as the PC market cooled after years of growth during the pandemic. Gelsinger also acknowledged that Intel has “stumbled” and lost market share to rivals such as Advanced Micro Devices Inc ( AMD.O ), which on Tuesday reported quarterly sales that beat Wall Street expectations. … Read more

Twitter further cuts staff overseeing global content moderation.

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CALIFORNIA (Reuters) – Twitter Inc has made further staff cuts to the trust and safety team that handles global content moderation and to the hate speech and harassment unit, Bloomberg News reports. At least a dozen more cuts affected workers at the company’s Dublin and Singapore offices on Friday night, the report said, citing people … Read more