According to the Oregonian, Intel has laid hundreds of information technology administrators this week. Sources who spoke with the Oregonian have said that the layoffs are likely connected to how the company plans to manage internal technical systems than simply cutting costs. The cuts included Oregon, Intel’s largest site with 20,000 workers and also took … Continue reading “Intel Corp. Just Laid off Hundreds of Administrators”
Author: Sophia Vida
AstraZeneca Acquires Joint Development and Commercialization Rights to a Very Exciting Cancer Candidate
AstraZeneca (AZN) announced this week that it has acquired joint development and commercialization rights to…
Lyft Debuts in the Market and Sees Modest Gains
Shares of ride hailing company Lyft made their trading debut on Friday and closed up…
A Verizon Worker Was Suspended for Saving a Cat’s Life
CBS News has reported that a Verizon employee has been suspended from his job for…
Wells Fargo’s CEO Tim Sloan Is Stepping Down
Shares of Wells Fargo were moving higher after the company's CEO Tim Sloan said he…
Warren Buffet is a Billionaire But Uses This Kind of Cell Phone
You would think that Warren Buffet, one of the richest men in the world, and…
Dozens of Women are Suing Salesforce Over Sex Trafficking
50 unnamed women, and only referred to as Jane Does, are claiming that Salesforce helped…
Facebook Announces that White Nationalism and White Separatism is Banned on Platform
Many white nationalists may be disappointed with Facebook's latest announcement, but who cares right? Facebook…
This is How Boeing’s 737 Max is Affecting Southwest Airlines
Southwest Airlines has cut its first quarter revenue growth outlook this week to be no…
Elon Musk and the SEC Are Facing Off Next Month in Court
On April 4th, Tesla's CEO Elon Musk and the U.S. Securities and Exchange Commission will…
J.C. Penney Has a New Chief Financial Officer and It’s This Guy
Struggling retailer J.C. Penney has named a new CFO and executive vice president this week.…
Electronic Arts Just Announced Job Cut After a Dismal Financial Report
Electronic Arts (EA) will be cutting 350 positions from its workforce, which consists of 9,000…
Apple is Launching its Own Credit Card this Summer
Apple had a lot of things to unveil at its event in Cupertino, California on…
McDonald’s Will Personalize its Drive Thru With the Help of This Acquisition
Fast food giant McDonald’s will be acquiring a tech company for over $300 million in…
