IBM is laying off thousands of employees this quarter, with architects, engineers, and AI specialists among those affected. The cuts come as CEO Arvind Krishna continues advocating for AI-driven workforce transformation. Meanwhile, IBM reported strong Q3 revenue growth of 7% year-over-year.
IBM is cutting a “low single-digit percentage” of its global workforce in the fourth quarter. The company employed 270,000 people at the end of 2024, meaning even a 1% reduction would eliminate 2,700 jobs.
Researchers have created molecules that can actively control light energy amplification through simple pressure changes. This breakthrough in singlet fission technology could lead to highly efficient energy devices and advanced medical treatments. The flexible molecular design allows external contro
More than six years after the Ethiopia crash, Boeing faces its first civil trial seeking damages for the disaster. The company has settled most wrongful death lawsuits but two cases are proceeding to trial this week. A jury will determine compensation amounts for the families of two victims.
Major industrial standards groups have released a new specification for spatial positioning in factories. The OPC UA Companion Specification aims to give machines a unified understanding of location. This could enable better coordination between stationary equipment and mobile robots.
Scientists have discovered that boron arsenide crystals can conduct heat better than diamond, reaching over 2,100 W/mK. This challenges long-held assumptions about thermal conductivity and could transform electronics cooling.
The First Brands bankruptcy and fraud lawsuit against founder Patrick James exposes critical vulnerabilities in automotive supply chains and working capital finance practices. This case could reshape how suppliers access funding and how lenders assess risk across the industry.
Yokogawa Electric Corporation makes strategic moves to dominate the renewable energy cybersecurity and grid management space. The dual acquisition positions the company for the coming energy transition boom.
Scientists have unraveled the structure of a bacterial enzyme that produces ethylene without fossil fuels or CO₂ emissions. This discovery could revolutionize how we manufacture plastics and chemicals sustainably. The breakthrough reveals ancient biological machinery with remarkable versatility.
Researchers have successfully 3D printed muscle tissue in microgravity, overcoming Earth’s gravitational limitations. This breakthrough could revolutionize pharmaceutical testing and create new commercial opportunities in the emerging space biotech market.
