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SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est., and expects sustained HBM demand in 2025 (Dylan Butts/CNBC)

Dylan Butts / CNBC : SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B vs. ~$14.9B est., operating profit up 68% to ~$6.7B vs. ~$6.5B est...

28 February 2025

Autodesk plans to cut about 1,350 employees, or ~9% of its workforce, as part of a focus on profitability following pressure from activist fund Starboard Value (Bloomberg)

Bloomberg:
Autodesk plans to cut about 1,350 employees, or ~9% of its workforce, as part of a focus on profitability following pressure from activist fund Starboard Value  —  - Actions ‘not the result of any third-party pressure,’ CEO says  — Reductions to reshape sales process and allow AI investment

Posted from: this blog via Microsoft Power Automate.

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