layoffs

layoffs

News

  • MySpace slashes nearly half of staff

    MySpace is laying off 500 employees, or about 47 per cent of its global staff, as part of a restructuring by the once-leading, now struggling social-networking site.

  • MySpace to cut staff in half

    MySpace will reportedly lay off more than half of its employees on Tuesday as the website scales back its social networking ambitions.

  • Myspace China makes staff cuts, CEO leaves

    Myspace's China office cut about 30 employees last month and saw its CEO depart, a sign that the U.S.-based social networking service may be pulling back from the country's Internet market.

  • Yahoo lays off 600 people

    Yahoo confirmed that it has laid off 600 people, following news reports often based on Twitter messages from employees who had been let go.

  • Clearwire to lay off 15 per cent to save cash

    WiMax service provider Clearwire will lay off 15 per cent of its employees and suspend the opening of retail stores and marketing campaigns in some cities as it tries to conserve cash and raise additional capital.

  • Union: HP set to cut 1,300 more jobs in UK

    Hewlett-Packard intends to trim 1,300 jobs in the U.K. as part of a "hell-bent" effort to "butcher" the country's high-tech work force, <a href="http://www.unitetheunion.org/news__events/latest_news/unite_brands_hp_s_job_cuts__bu.aspx">union official...

  • Oracle to lay off more Sun workers

    Oracle is making further job cuts related to its acquisition of Sun Microsystems, primarily in Europe and Asia, the company said in a regulatory filing Friday.

  • Microsoft exceeds goal of 5000 layoffs

    Microsoft has more than made good on its plan from a year ago to eliminate 5,000 positions by the middle of June 2010, the company reported as part of its quarterly 10Q filing with the Securities and Exchange Commission.

  • AOL looks to slash staff by a third

    AOL, which will be spun off from parent company Time Warner next month, wants to cut its staff by about a third, and is giving employees a chance to volunteer to join the ranks of the unemployed.

  • Sprint to lay off more than 2,000

    Sprint Nextel expects to lay off as many as 2,500 people by year’s end, on the heels of reporting that it lost 545,000 customers in its third quarter.

  • Extreme Networks replaces CEO, lays off 70

    Ethernet switch vendor Extreme Networks is replacing its CEO and laying off 70 employees in an effort to quickly improve the company's bottom line and set it up to run profitably with lower revenues.

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