Tuesday, 14 November, 2023

Imagination Technologies Announces Workforce Reduction, Laying Off 20%

GPU technology supplier Imagination Technologies discloses a strategic decision to reduce its workforce, resulting in a layoff of 20% of its employees. The move signifies a restructuring effort within the company, reflecting adjustments to align with market dynamics and optimize operations. It explores the implications of this decision for Imagination Technologies and the broader context of workforce realignment in the tech industry.