Friday, June 2, 2023

Challenger report: US tech companies have announced 136,831 layoffs in 2023 so far, more than in any full year since 2001, when job cuts reached 168,395 (Alexandre Tanzi/Bloomberg)

Alexandre Tanzi / Bloomberg:
Challenger report: US tech companies have announced 136,831 layoffs in 2023 so far, more than in any full year since 2001, when job cuts reached 168,395  —  US companies have announced more job cuts this year than during all of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc.



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MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's, as the mobile chip designer bets on AI demand for growth (Cheng Ting-Fang/Nikkei Asia)

Cheng Ting-Fang / Nikkei Asia : MediaTek says it has started to use Intel Foundry's advanced chip packaging in addition to TSMC's...