Intel unveils aggressive cost-cutting measures amid struggles in semiconductor market

Intel unveils aggressive cost-cutting measures amid struggles in semiconductor market

Intel Corporation is implementing a series of cost-reduction strategies and operational changes aimed at reviving its standing in the competitive semiconductor market. These efforts come in the wake of a challenging second quarter for the company, which saw a sharp decline in its share price and disappointing financial performance. Chief Executive Officer Pat Gelsinger recently […]

Allergan announces job cuts as part of cost-reduction strategy

Allergan announces job cuts as part of cost-reduction strategy

Allergan, globally recognized for its Botox cosmetic injections, has revealed plans to eliminate more than 1,000 jobs across its operations. This move is part of a broader cost-cutting measure aimed at restructuring the company’s workforce in response to significant market challenges. The announcement was made through a filing with the U.S. Securities and Exchange Commission. […]