SAN FRANCISCO, Feb 1 (Reuters) - Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with…
TOKYO, Jan 27 (Reuters) - Toyota Motor Corp (7203.T) chief Akio Toyoda is expected to remain a dominant force at the world's biggest automaker for years to come and will…
TOKYO, Jan 26 (Reuters) - Toyota's chief executive will step down as head of the company founded by his grandfather, the automaker said on Thursday, handing over to the leader…
Jan 25 (Reuters) - IBM Corp (IBM.N) on Wednesday announced 3,900 layoffs as part of some asset disposals and missed its annual cash target, dampening fourth-quarter revenue expectations .Chief Financial…
Jan 25 (Reuters) - Microsoft Corp's (MSFT.O) lackluster quarterly outlook portends further gloom for the tech sector, analysts said, after the tech leader warned customers that they were cautious about…
Jan 20 (Reuters) - Alphabet Inc (GOOGL.O), Google's parent company, is cutting around 12,000 jobs, or 6% of its workforce, it said in a staff memo on Friday, as the…
Expects first quarter core earnings to be lower than last yearExpects to see the effect of cost savings from the second quarterCost savings to include downsizing -CFOGross margin fell to…
Jan 18 (Reuters) - Anxious to boost margins and ease investor concerns at a time of slowing sales growth, major U.S. tech companies are set to cut staff and inflated…
DAVOS, Switzerland, Jan 18 (Reuters) - Microsoft Corp (MSFT.O) said on Wednesday it would cut 10,000 jobs and bill $1.2 billion as its cloud computing customers reevaluate their spending and…
Jan 17 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced European companies to lay off or freeze hiring.Here are some of the companies that have…