Tag: cut
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Analysts warn US-China AI gap may shrink further as Trump allows Nvidia to sell H200 chips to China, with US taking 25% cut
US President Donald Trump has approved Nvidia to sell its advanced H200 artificial intelligence (AI) chips to “approved customers” in China, on the...
Yet another emergency call outage hits Singtel’s Optus as vandals cut fibre
SYDNEY, AUSTRALIA: Australian telco Optus has reported yet another emergency call outage on Wednesday morning (Nov 26), believed to have been caused by...
Meta to cut 600 jobs in its AI unit amid ‘organisational bloat’ after hiring spree to scale operations
Facebook owner Meta is reportedly cutting about 600 jobs in its artificial intelligence (AI) unit, Superintelligence Labs, to address “organisational bloat” following a...
Nestlé to cut 16,000 jobs worldwide amid sales decline and raised savings target
Nestlé announced on Thursday (Oct 16) that it would cut 16,000 jobs worldwide over the next two years, as the company reported a...
ExxonMobil to cut up to 15% of Singapore workforce and relocate office to Jurong by 2027
ExxonMobil has announced plans to reduce its Singapore workforce by between 10 per cent and 15 per cent and to relocate its corporate...
