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Corning has over 7,000 employees across New York state. The company previously announced a $139 million expansion in support of optic technology critical to microchip manufacturing in 2022 ...
Corning Inc. has conducted multiple layoffs in 2024. In February, the company said it would eliminate 107 jobs, or about 20% of the workforce, at the Erwin Plant on Addison Road in Painted Post ...
Corning (NYSE: GLW) stock is losing ground Wednesday despite an initial bullish surge early in the day's trading. The company's share price was down 2.4% as of 3:45 p.m. ET, but it had been up as ...
The layoffs, about 20% of the Erwin Plant workforce, will take effect in mid-May. Corning Inc. said a production line is shifting to another facility.
Corning said it expects first-quarter revenue to be $3.60 billion, compared with analysts' expectations of $3.5 Corning forecasts Q1 results above estimates on robust demand for AI-related ...
A formative failure. But it hasn’t all been smooth sailing for the 6-foot-7, 65-year-old Corning CEO. In the 1990s, Weeks was the Corning vice president tapped to run a new optical fiber ...
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Corning Inc. reported its new products for generative AI are seeing strong demand and driving record year-over-year growth in its Enterprise business.