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The Latest Breaking News from Ai group

Intel Layoffs Continue: Chipmaker Plans New Job Cuts After Eliminating 40,000 Roles

Intel is cutting jobs in its growing Data Centre and AI Group despite rising sales. Explore the company's restructuring strategy, workforce reduction, and competitive challenges in the AI chip market.

International Business Times UK

Intel Launches Fresh Layoffs in Data Center and AI Unit Ahead of Earnings as Lip-Bu Tan Pushes Turnaround Strategy

Intel Corp. (NASDAQ:INTC) has launched another round of layoffs, this time affecting employees in its Data Center and AI Group, as CEO Lip-Bu Tan continues a sweeping restructuring effort just days before the chipmaker is set to report second-quarter earnings.

Benzinga

Workers like Jason question ‘broad brush’ return to office mandates as WFH tussle heads to Fair Work showdown

Employers’ edicts are increasingly conflicting with flexible work arrangements which many employees argue can boost productivity and morale

The Guardian - AU

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Victorian review of NDAs gets strong support for outright ban in sexual harassment cases

Submissions reveal cases of young female workers pressured to sign NDAs that stop them from telling friends, family about sexual harassment

The Guardian - AU

Sleepover shifts a break or work, commission to decide

Unions have criticised a move to change the definition of sleepover shifts carried out by care workers.

AAP

Intel loses $1.6 billion as data center CPU and foundry divisions struggle

Intel announces major cost-cutting plan to resize and refocus as it loses $1.6 billion on $12.8 billion revenue in Q2 2024.

Tom’s Hardware

Lockdowns should be included in COVID-19 inquiry

Australia's peak employers body says a potential royal commission into the handling of the COVID-19 pandemic should examine lockdowns and border closures.

AAP

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The cost of living has reached a record high, businesses are struggling, and interest rates are rising. Is a recession coming?

A day after the Reserve Bank controversially raised interest rates, new data shows living costs are at an all-time high and businesses are contracting, prompting concerns a recession may be on the horizon.

ABC News

Tradies happier, richer in their 20s than university grads

It's the great debate, considered by high school leavers every year do I go to university to study a Bachelor or should I pick up a trade? New research suggests, if you want to be happier and richer in your mid-20s, an apprenticeship is the way to go.

ABC News

Intel Says Power-Efficient Sierra Forest Chip Will Be Delivered in H1 2024

US chip giant Intel Corp said on Wednesday its first semiconductor for data center customers focused on power efficiency, Sierra Forest, would be delivered in the first half of next year, as it outlined a chip release schedule after prior delays. "It's been a challenging few years as we had…

Asharq Al-Awsat

Chris Minns vows to ‘govern for everybody’ after NSW election win; arrest at Sydney anti-abortion protest – as it happened

This blog is now closed

The Guardian - AU

Energy users and ex-ACCC boss praise government for staring down ‘bullies of the gas industry’

Industry argues capping gas at $12 a gigajoule risks future investment but experts say price is top end of range forecast before invasion of Ukraine

The Guardian - AU

Businesses lobby for carbon tariffs as Labor says Australia is ‘back in the game’ on climate

Federal treasurer Jim Chalmers to attend meeting of Coalition of Finance Ministers for Climate Action in Washington this week

The Guardian - AU

RBA decision risks higher cash rate peak

The central bank has shifted gears and moderated its rate hikes, with some economists concerned this could prolong the rate hiking cycle.

AAP

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The Canberra Times

Labor 'ready' for bargaining reform despite industry pushback

Legislative changes have been flagged by the government despite some concerns from industry groups.

The Guardian - AU

Labor urged to provide $1,000 debt relief to low-income earners before power bills soar

Chris Bowen to meet state and territory energy ministers on Wednesday to determine response to ‘perfect storm’ of rising costs of living

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