ASML reports big orders beat as AI drives chipmaker demand, to lay off 1,700
The orders beat comes as several of the chipmaker’s customers raise investment plans reported stronger-than-expected bookings in the fourth quarter on Wednesday (Jan 28),…
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Citigroup to lay off more employees in March
Citigroup is expected to lay off more employees in March following a round of about 1,000 job cuts this month, according to two sources with knowledge of the matter. The new wave…
Bay Area semiconductor testing company to lay off more than 200 workers
Semiconductor testing equipment company FormFactor is laying off more than 200 workers and closing manufacturing facilities as it seeks to cut costs after being hit by higher import taxes.…
Singapore: 32-Year-Old Man Arrested Over Boon Lay Drive Knife Incident, Faces Weapons Charge
A 32-year-old man has been arrested in connection with a knife-related incident at Boon Lay Drive earlier this month, police said on Friday, December 12. The Singapore Police Force (SPF)…
Who Is Joshua Michals? Nepo Baby and Wealthy American Goldsmiths Student Stabbed Girlfriend and Called Dad Asking for Lawyer as She Lay Dying
A wealthy American college student stabbed and killed his girlfriend in her London flat and then, instead of calling 999, phoned his father to ask for a lawyer while she was still dying on…
Abu Dhabi Banks Lay Groundwork for Potential Risk Transfer Deals
The global SRT market is set to expand 11% annually on average in the next two years Two of Abu Dhabi’s biggest commercial banks are weighing a foray into the market for significant risk…
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off nearly 20 per cent of its Vision Fund team globally…
Bumble to lay off 30% of global workforce as dating apps struggle
Bumble said on Wednesday (Jun 25) it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to develop features that will keep users spending amid…
Starbucks to lay off 1,100 workers and cut these 13 drinks amid lackluster sales
Starbucks plans to lay off 1,100 corporate employees and eliminate hundreds of open and unfilled positions, CEO Brian Niccol said on Monday. In a memo, Niccol said the cuts will remove…
SingPost to lay off 45 employees ‘in the coming months’
The move is not correlated with previous incidents or whistleblowing reports, it emphasises SINGAPORE Post (SingPost) will lay off 45 employees “in the coming months” in a move to…
Chevron to lay off up to 20% of its workers
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it seeks to cut costs, simplify its business, and complete a major…
Alitalia will lay off over 2,000 remaining employees as liquidation nears
ROME (AP) — Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees, its administrators told unions. The move comes as…
Stellantis to lay off 1,100 workers at Ohio Jeep plant
STELLANTIS said on Wednesday (Nov 6) that it is laying off about 1,100 employees at a Jeep Gladiator plant in Toledo, Ohio, as it works to improve efficiency and reduce inventory across…