Perplexity’s Hidden Switch: AI’s Cost-Cutting Betrayal Exposed
By Juan Vasquez Publication Date: 2025-11-19 20:26:00 Perplexity AI faces backlash for secretly downgrading user queries to cheaper models, leading…
Tag: costcutting
Intel Corporation (INTC) Stock: Shares Surge 7% on Cost-Cutting and Layoff Plan
TLDR Intel stock jumped 7.23% to $23.59 following layoff news from its Oregon fabrication hub Company is cutting 500 jobs…
Intel cuts 500 jobs in Oregon as part of a cost-cutting plan – Quartz
Intel cuts 500 jobs in Oregon as part of a cost-cutting plan Quartz Article Source https://qz.com/intel-ceo-cost-cutting-500-jobs-oregon-layoffs-chips
Amazon’s Retail Unit Halts Hiring Budget Growth for 2025 in Cost-Cutting Shift
Amazon is tightening the reins on hiring within its retail division for 2025, opting to maintain flat headcount-related expenses in…
Elon Musk’s D.O.G.E ally Tom Krause exposed for inefficient cost-cutting at other job | CoinMarketCap
Tom Krause, Elon Musk’s go-to man for cost-cutting magic at the Department of Government Efficiency (D.O.G.E), has been slammed for…
Intel Foundry sales rise, losses narrow as company unveils major cost-cutting plan
Intel reported first-quarter revenue of US$12.67 billion, a 0.4% decline from the previous year, with a gross margin of 36.9%…
US Defense Cost-Cutting Puts Oracle, Leidos Deals at Risk – Wall Street Pit
Oracle (ORCL) shares fell over 3% to $141.22 in early trading Friday as the U.S. Department of Defense canceled its…
How AI Can Be So Much More Than A Cost-Cutting Tool
Businesses are racing to use AI to cut costs and aid productivity. But proponents say it can do much ……
Houston tech giant to lay off 2,500 employees in cost-cutting plan – Chron
Houston tech giant to lay off 2,500 employees in cost-cutting plan Chron Article Source https://www.chron.com/business/article/hewlett-packard-layoffs-houston-20212940.php
HP to layoff 2,500 employees amid cost-cutting measures
Hewlett Packard Enterprise (HPE) is set to lay off approximately 2,500 employees over the next 18 months as part of…