Synopsys plans to cut 10% of its workforce, about 2,000 jobs, following its $35 billion Ansys acquisition to redirect investments toward growth. The restructuring, incurring $300-350 million in charges, highlights tech industry consolidation amid AI shifts and economic pressures. This move reflects broader 2025 layoffs exceeding 100,000.
Verizon is set to slash 15,000 jobs in its largest-ever layoffs under new CEO Dan Schulman, aiming to cut costs amid fierce competition and customer losses. The restructuring includes franchising 200 stores, reflecting broader telecom industry pressures. This move underscores the sector's shift toward AI and efficiency.
|
