Business

How Intel Lost the Sony PlayStation 6 Chip Contract to AMD

In 2022, Intel faced a significant setback when it lost the bid to design and manufacture the chip for Sony's upcoming PlayStation 6 console....

Xbox Layoffs 650 Jobs in Latest Round of Post-Acquisition Cuts

Xbox Studios, a gaming division of Microsoft is laying off 650 employees from its gaming division, primarily affecting corporate and support roles. This decision...

PwC Layoffs effect on 1800 employees amid Economic challenges and focus on AI integration

PricewaterhouseCoopers (PwC), one of the world’s leading professional services firms, has announced plans to lay off approximately 1,800 employees in the U.S., marking its...