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Micron halves CapEx, warns of “most severe imbalance” in memory market since 2008
Micron is cutting spending on memory chip fabrication by 50% in 2023 and slashing 10% of its workforce, or some 5,000 jobs, with the semiconductor firm’s CEO Sanjay Mehrotra warning the memory market is facing “the most severe imbalance between supply and demand in both DRAM and NAND...
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Salesforce
Salesforce loses 3 CEOs in a week: “Don’t think you’ll get out of this alive”
Three Salesforce CEOs have quit in a week. Slack founder and CEO Stewart Butterfield has followed Tableau CEO Mark Nelson and Salesforce co-CEO Bret Taylor out of the door, as shares at the software firm slid. Salesforce announced the abrupt departure of co-CEO Bret Taylor on November 30. Tableau CEO...
