In a significant move reflecting the changing landscape of the global tech industry, Oracle has reportedly initiated a major restructuring phase, resulting in the layoff of approximately 12,000 employees from its Indian
In a significant corporate restructuring, Intel is preparing to lay off over 20% of its workforce in the Client Computing Group (CCG) and Data Center & AI Group (DCAI). This marks one
Microsoft’s Xbox division has unveiled plans to close down several gaming studios, including the well-known Arkane Austin, signaling the company’s move to restructure in response to signs of a slowdown in the
Revamping its global channel strategy, software giant Citrix Systems has announced a slew of new channel initiatives that aimed at driving an inclusive growth of its partners. The company recently announced the
As per correspondent from Mumbai Seven years old mobile phone maker, Micromax has crossed Rs 10,000 crore in annual revenues during year to March 2015, and is now within striking distance of
LONDON/PARIS: French telecoms group Orange has hired investment banks Morgan Stanley and BNP Paribas to assess the merits of doing a deal with other network operators in Europe, including Telecom Italia ,
The $16.6 billion acquisition of Alcatel-Lucent in an all-share deal will propel Nokia Corporation to take on Ericsson in the telecom infrastructure market. But Nokia will be behind Huawei. Nokia and Alcatel-Lucent
