AMD to lay off 4% of workforce, or about 1,000 employees

At the end of last year, AMD had 26,000 employees, according to a U.S. Securities and Exchange Commission filing.

Business - CNBC - Yesterday

AMD will lay off nearly 1,000, or 4% of staff, as AI competition heats up

AMD said today it will lay off 4% of its global staff, or perhaps somewhat less than 1,000 of its estimated 26,000-person workforce.

Tech - VentureBeat - Yesterday

23andMe to lay off 40% of its workforce as stock price plummets

The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...

Alitalia will lay off over 2,000 remaining employees as liquidation nears

World - Yahoo News - 4 days ago

Alitalia will lay off over 2,000 remaining employees as liquidation nears

Italy’s former national carrier Alitalia has started procedures for the collective dismissal of its remaining 2,059 employees

World - ABC News - 4 days ago

Volkswagen to close three German factories and lay off thousands of workers, employees say

Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.

Business - MarketWatch - October 28

Beyond Inc. to Cut Workforce by About 20%

Beyond Inc. is cutting about 20% of its workforce as part of broader review of its cost structure, which comes after the company invested about $65 million in two retailers to help restore Bed Bath ...

Business - The Wall Street Journal - October 22

Nissan to lay off thousands of workers as sales drop

The Japanese car making giant has not yet said where in its global operations the job cuts will be made.

Unions should be about employees, not about politics

What are employees fed up with union politics supposed to do?

Politics - The Hill - October 23

4 Affordable Benefits That Move the Needle for Employees

Offering good benefits doesn’t need to break the bank.

Business - Inc. - November 1

TikTok Employees Shrug Off the US Election

Donald Trump says he’ll spare TikTok. Kamala Harris will likely support the ban. But inside the company, few are talking about the US election.

Tech - Wired - November 5

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

Tech - ABC News - October 17

Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO

The influential cryptocurrency exchange has undergone several reorganizations in recent years.

Business - The New York Times - October 30

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio

Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.

Business - CNBC - November 6

Stellantis to indefinitely lay off 1,100 workers at Jeep plant in Ohio

DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio.

Enphase to lay off workers and end some operations in Mexico

Microinverter maker Enphase aims to “better align its workforce” with its business needs and will incur in up to $20 million in charges related to a restructuring.

Business - MarketWatch - 5 days ago

DNA-testing site 23andMe to lay off 40% of its workers

The once-popular general DNA-testing firm holds a trove of sensitive genetic data from its customers.

23andMe Lays Off 40% of Staff, Shuts Drug Development Business

The genetics company is closing a unit that was once seen as core to its future.

Business - The Wall Street Journal - 2 days ago

Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 31

Draisaitl scores in OT, McDavid closes in on 1,000 career points in Oilers' 4-3 win over Islanders

Leon Draisaitl had two goals, including the overtime winner, and Connor McDavid had a goal and three assists to move one point shy of 1,000 for his career as the Edmonton Oilers beat the New York ...

Sports - ABC News - Yesterday

AMD’s stock stands out from other AI names. What that may say about the market.

AMD’s stock is the only one of select AI names with a lower forward multiple now than its five-year average.

Business - MarketWatch - October 21

Employee Happiness Is Bouncing Back After a 4-Year Low

Employees haven’t been feeling optimistic lately, but their hopes seem to be rising in the year’s second half, according to a new report.

Business - Inc. - October 30

Motion picture academy lays off staff at archive and library amid broader restructuring

The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.

Entertainment - Los Angeles Times - October 31

23andMe Lays Off 40 Percent of its Staff, Ends All Therapy Programs

As founder and CEO Anne Wojcicki struggles to take the company private, 200 jobs are cut as part of its restructuring plan.

Business - Inc. - 2 days ago

How Trump is using a new 'big lie' to undermine the 2024 election results

Former President Donald Trump and his Republican supporters are mobilizing around a new “big lie”: the false claim that a flood of noncitizens votes could swing the 2024 election.

WATCH: Knife-wielding robber scared off by shop employee with bigger knife in Argentina

Surveillance footage from Argentina shows a would-be robber armed with a knife retreat toward the exit after noticing a store employee with a much larger knife.

4 people die in a migrant boat accident off a Greek island

Greek authorities say four people, including two children, have died off the island of Kos in an accident involving a migrant smuggling boat crossing from nearby Turkey

World - ABC News - October 15

Drake Batherson scores twice as the Senators knock off the Lightning 5-4

Drake Batherson had two goals and an assist, and the Ottawa Senators handed Tampa Bay its first loss of the season with a 5-4 victory over the Lightning

Sports - ABC News - October 19

The Warriors are off to a strong 4-1 start, but will it turn out to be another mirage?

The legitimacy of the Warriors will be tested on their upcoming road trip

Sports - CBS Sports - November 1

Canada's toughest roster decisions for the 4 Nations Face-Off

With final calls due on Dec. 2, here is a position-by-position breakdown of locks, debates and potential surprises on the final list of 23.

Sports - ESPN - November 4

Kraken score 4 goals in 2nd period, hold off late Flyers rally in 6-4 win

Eeli Tolvanen, Jordan Eberle, and Shane Wright scored three goals in less than three minutes in the second period and the Seattle Kraken held off a Philadelphia Flyers rally for a 6-4 victory

Sports - ABC News - October 18

Yankees' bats come alive to fend off Dodgers 11-4 in World Series Game 4

Follow live updates and the latest coverage of World Series Game 4 as the Dodgers face the Yankees. Get real-time scores, highlights, and key player moments from the game.

4 questions we will be asking about the presidential race after it's over

These are thought exercises as much as questions — messy and nuanced, unable to be resolved with any definitive answer.

Politics - The Hill - October 24

Trump kicks off a Pennsylvania rally by talking about Arnold Palmer's genitalia

His campaign suggested Donald Trump would begin previewing his campaign’s closing arguments in a final push to win over voters with Election Day barely two weeks off

Sports - ABC News - October 20

Trump’s vulgar rally ramble fuels questions over his state of mind

Increasingly dark rhetoric comes as presidential candidates start their final pitch to voters in run-up to election day

Business - Financial Times - October 20

GOP senators brush off concerns about Thune’s relationship with Trump

The new Senate majority leader has been critical of the president-elect, but even conservative senators expressed confidence that he would work well with Trump.

Politics - Politico - 21 hours ago

About 4 in 10 concerned about violent attempts to overturn election results: Survey

A new poll from The Associated Press-NORC Center for Public Affairs Research found that 41% of registered voters are extremely or very concerned about violent attempts to overturn the election ...

Politics - The Hill - October 28

AMD reports record revenue but Q4 forecast disappoints

Advanced Micro Devices reported record Q3 revenue of $6.8 billio, up 18%. But the shares fell due to a disappointing forecast for Q4.

Tech - VentureBeat - October 29

AMD’s stock is getting hurt by this ‘unpalatable’ reality

One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”

Business - MarketWatch - October 30

Latest in AMD to lay off 4% of workforce, or about 1,000 employees

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