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

Pallavi Madhiraju- September 18, 2024

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 ... Read More

Stellantis job cuts alert: Over 2,000 workers face uncertainty at Detroit-Area plant

Pallavi Madhiraju- August 10, 2024

Stellantis has issued a warning to union workers about potential job cuts, affecting as many as 2,450 employees at the Warren Truck Plant located just ... Read More

Allergan announces job cuts as part of cost-reduction strategy

pallavi123- January 7, 2018

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 ... Read More

Teva Pharmaceutical announces major global restructuring with 14,000 job cuts

pallavi123- December 16, 2017

Teva Pharmaceutical Industries, the Israel-based generic drug manufacturer, has unveiled a drastic two-year restructuring plan aimed at rejuvenating its business and enhancing financial performance. The ... Read More