As Intel faces market pressures and repositions for the future, factory layoffs are set to start in mid-July. The company aims to simplify operations and boost its engineering-focused manufacturing division.
With annual revenue expected to remain flat, Nike continues trimming costs with another wave of tech job cuts. The restructuring follows earlier layoffs at its Beaverton HQ and is part of a $2 billion savings initiative.
Remember fax machines, watercooler gossip, and overhead projectors? Step into a time machine as we compare the golden age of cubicles to today’s hybrid, AI-powered, kombucha-loving work culture!
NASA is offering early exits to staff as it prepares for a leaner future, potentially reducing its headcount by nearly one-third. While the cuts aim to align with budget proposals, they’re also reshaping the agency’s internal structure and workplace culture.
Facing growing pressure from AI rivals, Meta is rebooting its strategy with a $14.3B deal with Scale AI and a new leader at the helm—28-year-old CEO Alexandr Wang. His appointment signals a serious push to rebuild trust in Meta's AI capabilities.
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