Unisys to cut 3000 jobs
Unisys has just disclosed plans to cut 3000 jobs as it reported that its earnings slumped 50% in the last quarter.
Larry Weinbach, chairman and chief executive, said that following the September 11 terrorist attacks, customers in the airline, travel, financial services, and communications industries delayed planned information technology purchases.
The company plans to use early retirement incentives in reducing its employee count. It has 37,000 workers.
Global semiconductor revenue reached $600 billion in 2022
Gartner, Inc. has revealed that worldwide semiconductor revenue grew by 1.1% in 2022 to total...
Tech Mahindra, IQM Quantum Computers partner for quantum computing research
Tech Mahindra and IQM Quantum Computers have partnered to co-create quantum computing offerings...
NIST to phase out SHA-1 cryptographic algorithm by 2030
The U.S. National Institute of Standards and Technology has announced that it is retiring SHA-1,...