News
Nokia will lay off 4,000 and move more manufacturing to Asia
Nokia has decided to move more of its manufacturing to Asia, and will lay off approximately 4,000 workers at three factories in Europe and Mexico by...
NEC to cut 10,000 workers, forecasts $1.3 billion loss in year through March
NEC said Thursday it will cut 10,000 jobs, including 3,000 outside of Japan, and it now forecasts a US$1.3 billion loss in the current fiscal year...
Nokia Siemens to slash 17,000 jobs worldwide
Struggling network infrastructure vendor Nokia Siemens Networks is planning to cut 17,000 jobs worldwide, as it aims to cut €1 billion (US$1.35...
Adobe to reduce enterprise software investment
Adobe will cut 750 jobs and reduce its investment in enterprise software as part of a broader plan to target the fast-growing markets for digital...
AMD to lay off 10 percent of global workforce
AMD plans to lay off 10 percent of its global workforce and will terminate "existing contractual commitments" in a plan to cut costs, the...
AMD to lay off 10 percent of global workforce
AMD plans to lay off 10 percent of its global workforce and will terminate 'existing contractual commitments' in a plan to cut costs, the company...
Bloodiest tech industry layoffs of 2011
Job cuts in the U.S. technology industry in 2011 are down significantly from a year ago and turnover levels in IT shops have returned to...
Motorola to lay off 800 more workers
Motorola Mobility will lay off 800 people, the latest in a string of worker reductions at the handset maker, as it prepares to become part of Google.
Nokia lays off 3,500 employees
Nokia is planning to lay off an additional 3,500 employees, as the company continues to restructure after announcing its decision to focus on...
Five outsiders who could lead Hewlett-Packard
Having gone through a rash of CEOs in the past 10 to 15 years, Hewlett-Packard may soon find itself looking for yet another new chief, despite just...
HP board ousts Apotheker, Whitman in as CEO
Hewlett-Packard CEO Leo Apotheker was ousted from his position on Thursday and replaced by HP director and former eBay CEO Meg Whitman, less than a...
WSJ: Apotheker ouster from HP CEO job imminent
Hewlett-Packard CEO Leo Apotheker will likely be removed from his position on Thursday and replaced by HP director and former eBay CEO Meg Whitman,...
HP confirms layoffs at Palm unit
HP has started laying off workers associated with last year's billion-dollar acquisition of Palm, as it closes down the mobile device business it...
Groupon's struggle in China no surprise, say analysts
Groupon's problems in China, including a recent round of staff layoffs, have come as no surprise to analysts, who hold that the company rushed...
Cisco Profit Fell One-Third in Q4
Cisco's profit in its fiscal fourth quarter fell about one-third from a year earlier, while its sales increased only 3.3 percent, the company...
RIM job cuts renew takeover speculation
RIM's stock fell to its lowest point in five years, after it announced plans to cut 11% of its workers to "optimize" costs. The bargain stock price...
BlackBerry maker RIM axing 2,000 jobs, 11% of workforce
Research in Motion, which has been losing ground to Apple, Google and even Microsoft in the mobile market, announced Monday it is cutting 2,000 jobs,...
RIM COO retires as company lays off one-tenth of staff
Research in Motion will lay off 2,000 staff, or a little more than 10 percent of its workforce, and make changes to its senior management team, it...
The full impact of Cisco's job cuts
When you combine this week's layoffs with other recent restructuring, Cisco has actually eliminated 12,050 jobs from its workforce, a reduction of...
The full impact of Cisco's job cuts
When you combine this week's layoffs with other recent restructuring, Cisco has actually eliminated 12,050 jobs from its workforce, a reduction of...
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