ASML Plans to Cut 1,700 Jobs to Streamline Management
ASML plans to cut 1,700 jobs to reduce management layers, even as AI-driven demand for its chipmaking tools remains strong.
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ASML plans to cut 1,700 jobs to reduce management layers, even as AI-driven demand for its chipmaking tools remains strong.
Shares of Ubisoft collapsed nearly 33% in a single session after the French video game publisher announced sweeping restructuring measures and the cancellation of several projects. The drop marks the company’s steepest one-day decline since its 1996 market debut.
Amazon’s biggest-ever layoffs cut thousands of engineers, signaling a shift to leaner, AI-focused operations across its core businesses.