Tag: economy
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New Report Reveals X86 CPU Market Suffers Worst Downturn in History
2022 was bleak, but 2023 is looking positive In a recent report by Dean McCarron of Mercury Research, the state of the PC business and technology industry is painted in a bleak light. The report reveals that the x86 processor market has just suffered “the largest on-quarter and on-year declines in our 30-year history.” According…
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Falling PC Sales Prompt Layoffs at Dell
Dell, the global computer manufacturer, is facing the harsh reality of declining demand for PCs and laptops, as well as an uncertain future, and has announced that it is cutting approximately 5% of its global workforce, amounting to 6,650 jobs. According to a memo from Dell Co-Chief Operating Officer, Jeff Clarke, the company’s previous cost-cutting…
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Google Announces 12,000 Job Losses
To say this week has been a difficult one for big tech is an understatement. Both Microsoft and Amazon recently announced huge job losses and now Google have followed suit. In a blog post, Google CEO Sundar Pichai announced that the company will be cutting 12,000 jobs, approximately 6% of its total workforce. Pichai stated…