Category : Search result: IBM turnaround


Boeing's $5.4B Loss: 777X Delays Deepen Crisis

Aviation giant Boeing faces mounting pressure as 777X program delays trigger massive $4.9 billion charge and $5.4 billion quarterly loss, threatening turnaround efforts.

UPS Axes 34,000 Jobs in 2025 Restructuring

Global delivery titan UPS has eliminated 34,000 positions in just nine months as part of an aggressive turnaround strategy. Discover how this workforce reduction is reshaping one of world's largest logistics companies.

Tech Giants Axe 80,000+ Jobs in AI-Driven Restructuring

Silicon Valley's biggest players are executing massive layoffs as artificial intelligence reshapes workforce needs. Discover how Amazon, Microsoft, Google, Meta, Intel, TCS and IBM are cutting over 80,000 positions in historic tech restructuring.

CPCL Posts ₹732Cr Q2 Profit in Major Turnaround

Chennai Petroleum Corporation Limited (CPCL) makes a stunning recovery in Q2 FY24, swinging from a ₹1,293 crore loss to a massive ₹732 crore profit. Revenue surges 21% as refinery operations hit peak efficiency.

China's Quantum Leap Threatens US Tech Dominance

The quantum computing race intensifies as China unveils groundbreaking 256-qubit technology, challenging US tech leadership and raising global security concerns. Discover what this means for encryption, AI warfare, and geopolitical power dynamics.

IBM Runs Quantum Algorithms on Standard AMD Chips

In a revolutionary development, IBM demonstrates quantum computing algorithms running on conventional AMD processors, potentially democratizing quantum capabilities and reshaping computational possibilities.

AMD Stock Soars 7% on IBM Quantum Computing Deal

Advanced Micro Devices (AMD) shares surged over 7% on Wall Street following IBM's implementation of AMD chips in revolutionary quantum computing error correction technology, marking a significant milestone in the semiconductor industry.

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