Update (06/07/17): Today, Microsoft confirmed that it would be going through another round of restructuring, meaning thousands of job cuts will be made. In a statement sent out today, a Microsoft spokesperson said that the company is “implementing changes to better serve” its customers and partners. While the company did …

Advanced Micro Devices late on Thursday said that it would cut-down its workforce by another five per cent in a bid to reduce its costs. The company said that it would considerably restructure its internal IT operations; consolidate real-estate facilities; re-organize its enterprise, embedded & semi-custom (EESC) business unit and appoint …

Intel Corp. this week announced that it would relocate its test assembly and test operation to Asia from Costa Rica. As a result, it would fire about 1500 of its employees in the country. Still, Intel's engineering and design center and shared services operations will remain in Costa Rica. Intel …