Yahoo is closing its only remaining office in China and laying off between 200 and 300 employees there, news reports said on Wednesday.
SAP will cut over 2,200 jobs this year in activities where it sees no future, but plans to create others around cloud services and its HANA in-memory database offering, where it sees more potential.
Citrix Systems announced better than expected financial results for the last quarter but also a restructuring plan that will see 900 jobs being cut.
Storage giant, EMC, will soon start handing out pink slips as part of a new restructuring effort prompted by a weakened financial outlook.
Yahoo will spin off its stake in Alibaba Group to form a new investment company, placating shareholders who wanted more value from Yahoo's share in the Chinese e-commerce giant.
Blowing up entrenched business models and picking up the profits that spill onto the floor is a time-honored tradition in tech, these days known by the cliche of the moment, "disruption." Here are our picks for the top stories of a very, well, disru...
A Nook deal Microsoft and Barnes & Noble struck with much fanfare less than three years ago has deflated, after failing to achieve its lofty goals in the e-reader market.
The biggest headcount reduction in Microsoft's history was driven by a need to invest in new technologies rather than the company's bottom line, according to an advisor to CEO Satya Nadella.
Intel will combine its PC and mobile processor divisions under one roof, reflecting a changing market in which the line between tablets and laptops has blurred.
Hewlett-Packard's plan to slice itself in two is being well-received by a cross-section of customers, though questions linger around PC and printer services and support.
Security vendor Symantec is splitting into two companies, with one focused on security and the other on information management.
Taking a cue from Hewlett-Packard and eBay, Symantec is said to be in talks to carve out the company into two entities.
Nokia will stop production at its mobile handset manufacturing facility near Chennai in south India after a deal with Microsoft to manufacture phones fell through.
Hewlett-Packard's break-up plan will give the company's cloud unit more room to maneuver, which it needs to make faster progress on private and public clouds. But success will still be hard fought because of a slow start.
Should you buy a Hewlett-Packard PC (or tablet, or printer)? That question that certainly is on some customers' minds after the company's announcement Monday that it will split its PC and printer operation from its enterprise, software and services b...
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