The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

IBM reports strong Q2 results, raising its 2025 free cash flow forecast to $13.5B, driven by growth in hybrid infrastructure, ...

IBM's stock (IBM) had been on a recent rally, outperforming the S&P 500 and other Big Tech stocks so far this year and trading at more than 24 times forward earnings, setting the company up with "some ...

--On pace for largest percent decrease since Oct. 21, 2021, when it fell 9.56% --Down 12.53% month-to-date; on pace for worst month since April 2024, when it fell 12.97% --Down 12.53% from its ...

As companies use terms like reorganization, restructuring, and optimization in job cuts, AI may be at work more than they ...