Tag: Layoff
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Intel to relieve 20% of its workforce this week – Here’s the Reason
Intel Corporation, the California based technology company, is reportedly looking to cut off 20% of its global employees this week. The decision likely came from the shift in chief management recently and a part of restructuring the current structure after the new CEO Lip-Bu Tan. As reported by Bloomberg, Intel is looking out for ‘streamlining ... -
Spotify Cuts 17% Workforce, To Support Podcast Monetization In India
The Sweden based global audio streaming service, Spotify, has announced another round of layoffs, affecting about 17% of its workforce. This decision marks the third time this year the company has reduced its staff. Earlier in January, Spotify let go of 6% of its total staff, and in June, they laid off an additional 2%, ...

