News

layoffs

Article | 18/03/2013 1600 laid off as Ericsson and ST agree to split ST-Ericsson
Chip maker, ST-Ericsson, will be wound down as parents STMicroelectronics and Ericsson have decided to take over some parts of the company, including ...
Article | 8/03/2013 Google will cut 1200 more jobs at Motorola Mobility
Motorola Mobility is cutting 1200 staff, in addition to a reduction of 4,000 staff it announced in August, to focus on high-end devices.
Article | 21/02/2013 Oracle moves manufacturing jobs from Mexico to the US
Oracle is moving 130 manufacturing jobs from Mexico to Oregon in the U.S., a company spokeswoman said.
Article | 29/01/2013 VMware to cut 900 jobs in 'realignment' as growth slows
VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed.
Article | 17/01/2013 Nokia outsources IT functions, more than 1000 employees affected
Nokia is planning to transfer up to 820 employees to HCL Technologies and Tata Consultancy Services and lay off up to 300 people as the company reorga...
Article | 14/01/2013 NXP plans to cut 700 to 900 jobs worldwide
NXP Semiconductors is planning to cut 700 to 900 jobs as part of a reorganization to reduce costs of support services, the company said on Monday.
Article | 20/11/2012 Sharp ends early retirement plan as volunteers abound
Japan's Sharp, struggling with deep losses and searching for a financial savior, has cut short an early retirement program after being flooded with vo...
Article | 15/11/2012 Texas Instruments to switch focus from cellphones, cut 1700 jobs
Texas Instruments will lay off 1700 employees as it refocuses its efforts away from the wireless sector -- including cellphones and tablets -- and tow...
Article | 30/10/2012 PayPal to reorganise, cut 325 jobs
Internet payments company PayPal will cut 325 jobs as part of a companywide reorganisation, its president said.
Article | 24/10/2012 Zynga lays off workers, closes Boston studio
Zynga is cutting about 5 percent of its workforce, and is "sunsetting" 13 of its older games, the company's founder and CEO Mark Pincus said Tuesday i...
Article | 19/10/2012 Wall Street Beat: Earnings point to tough quarter for tech
Some of the biggest names in tech reported quarterly earnings this week, and the resulting picture is not pretty. The main culprit for the weak earnin...
Article | 24/11/2011 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 billio...
Article | 9/11/2011 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 medi...
Article | 4/11/2011 AMD to lay off 10 percent of global workforce
AMD plans to lay off 10 per cent of its global workforce and will terminate "existing contractual commitments" in a plan to cut costs, the company ann...
Article | 1/11/2011 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.