News

layoffs

Article | 29/09/2011 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 Microsof...
Article | 24/09/2011 Five outsiders who could lead Hewlett-Packard
Having gone through a <a href="http://www8.hp.com/us/en/company-information/executive-team/formerceos.html">rash of CEOs</a> in the past 10 to 15 year...
Article | 23/09/2011 HP board ousts Apotheker, Whitman in as CEO
Hewlett-Packard CEO Leo Apotheker has been ousted from his position and replaced by HP director and former eBay CEO Meg Whitman, less than a year afte...
Article | 23/09/2011 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, ac...
Article | 21/09/2011 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 plan...
Article | 25/08/2011 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 its pla...
Article | 11/08/2011 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 reported...
Article | 26/07/2011 BlackBerry maker RIM axing 2,000 jobs, 11 per cent 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, ...
Article | 25/07/2011 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 ann...
Article | 30/06/2011 News Corp. unloads MySpace
MySpace, which dominated the social-networking market in the mid-2000s before Facebook eclipsed it, has been sold by its parent company News Corp. to ...
Article | 24/06/2011 ST-Ericsson to lay off 500 as part of cost-savings plan
ST-Ericsson this week said it would cut up to 500 jobs as part of a cost-savings plan that could help the company reach profitability sooner.
Article | 20/06/2011 Skype executives depart after Microsoft buyout
Eight Skype executives have departed the company following Microsoft's $8.5 billion buyout in May, a Skype spokeswoman confirmed on Monday.
Article | 2/06/2011 Acer cuts staff in Europe, takes $150 million charge
Acer is laying off 300 employees in Europe and taking a charge of US$150 million, as the company tries to streamline operations following the departur...
Article | 28/04/2011 Cisco offers early retirement to certain employees
Cisco this week instituted a voluntary early retirement program, its first in two years, in an effort to reduce costs.
Article | 22/04/2011 Cloud storage startup Cirtas retreats
Another cloud storage operation shut down last week when startup Cirtas Systems, which developed a controller for storage in the cloud, announced it w...