Tag: bloomberg

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GM to cut some tech jobs: Bloomberg

SynopsisThe ​move will affect about 500 ​to 600 employees, according to the ​report, which ⁠cites people ‌familiar ​with ​the matter.General Motors plans to...

Meta tells staff it will cut 10% of jobs in push for efficiency

Meta Platforms plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending...

Meta shares jump on report company slashing VR spending

Shares in Meta rose sharply on Thursday following a report that the Facebook parent company is significantly cutting back on virtual reality investments...

Accenture’s layoff tally surpasses 11,000; CEO Julie Sweet cites AI, restructuring efforts

Global consulting firm Accenture has laid off more than 11,000 employees across the world in the past three months.According to a TOI report...

OpenAI: OpenAI eyeing more data centers in Texas, other states for Stargate: Report

AI-infrastructure venture Stargate is nearing a decision on additional locations for data center campuses in Texas and is eyeing more projects in more...