Intel is cutting 12,000 jobs worldwide as the company restructures operations to diversify from PCs into growth areas of IoT and servers.
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Yahoo will cut 15 percent of its workforce and close some online services in a major turnaround plan announced Tuesday.
IBM has strenuously denied circulating media reports that the company will slash 110,000 jobs under a scheme known internally as Project Chrome, representing 26% of its global workforce.
Around 50 Systems and Technology Group jobs at IBM have gone in Australia, with many others to be moved to Lenovo, says an IBM source who asked to remain anonymous.
Qantas Airways (ASX: QAN) has announced that 5000 jobs will go over the next three years with 1500 of these to be executives, management and support roles.
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