Tag Archives: Bengaluru

Intel to Slash Thousands of Jobs: Could Bengaluru and Hyderabad Be Affected?

Intel Plans Major Layoffs: Will Bengaluru and Hyderabad Be Affected?

Intel is set to undertake significant job cuts as part of a strategic effort to recover market share and bolster its finances, according to Bloomberg News. The company has not yet officially announced the layoffs, but reports suggest an announcement could come as early as this week. Shares of the chipmaker saw a slight uptick of about 1% following the news, though the stock has plunged by 40% this year.

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“Peyush Bansal of Lenskart Looks for Bengaluru Land for ‘Mega Factory’; Positive Response from Karnataka Minister”

Lenskart Co-Founder Seeks Land for Mega Factory in Bengaluru; Karnataka Minister Responds

Peyush Bansal, co-founder of India-based eyewear chain Lenskart, recently announced plans to establish a mega factory in Bengaluru. In a LinkedIn post, Bansal specified the need for 25 acres of land within 60 kilometers of Kempegowda Bengaluru International Airport for this venture. He invited companies with suitable factory land near the airport to contact Lenskart at megafactory@lenskart.in.

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