The AI Boardroom Revolution: How Logitech’s Vision Could Reshape Corporate Governance
AI Enters the Executive Suite In a bold declaration at Fortune’s Most Powerful Women Summit, Logitech CEO Hanneke Faber has…
Tag: Switzerland
ABB CEO ‘very confident’ of demand for data centers powering AI
Powering the AI Revolution: ABB’s Strategic Bet on Data Center Infrastructure In a significant vote of confidence for the artificial…
Nestlé Announces 16,000 Job Cuts in Major Restructuring Effort
Global food giant Nestlé will cut approximately 16,000 jobs worldwide over the next two years as part of an expanded cost-reduction program. The company’s new CEO announced the restructuring amid slowing growth and pressure from investors. Nestlé shares reportedly surged following the announcement.
Major Workforce Reduction at Global Food Giant
Nestlé, the Swiss-based multinational food and drink processing corporation, will eliminate approximately 16,000 positions globally over the next two years, according to reports from company leadership. The job cuts represent one of the largest restructuring efforts in the company’s recent history and come just six weeks after the dismissal of its previous chief executive.
D-Wave Quantum Expands European Presence with €10 Million Italian Quantum Computing Deal
D-Wave Quantum has secured a €10 million agreement to bring its Advantage2 quantum computer to Italy through partnership with Swiss Quantum Technology. The deployment marks significant expansion of quantum computing infrastructure in Europe as part of digital transformation efforts.
Quantum Computing Expansion into European Market
U.S. quantum computing firm D-Wave Systems has entered into a strategic partnership to deploy its advanced quantum computing technology in Europe, according to reports released Wednesday. The agreement with Swiss Quantum Technology (SQT) represents a significant step in bringing commercial quantum computing capabilities to the Italian market.