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Home > News > Tags > job cuts
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Espoo, Finland-based mobile-phone maker Nokia announced today that it would continue its efforts to align its research and development (R&D) operations to its already-announced portfolio of future products, and that these efforts would include the reduction of its R&D activities in Japan. According to the company, th... |
24 November 2009
18:11 GMT |
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The tech sector is going through some rough times and it looks like the layoff season is in full swing. After job cuts at big companies like Microsoft, EA, or AOL, it's time for software giant Adobe to trim its workforce by a significant number. The company has revealed in a SEC filing that it will lay off abou... |
11 November 2009
04:28 GMT |
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It seems that the largest mobile phone maker in the world, Nokia, is on its way to operate even more job cuts during the following months. The Finnish company already announced a few weeks ago plans to cut its costs this year, and the new series of layoffs is stated to be part of said plans. Nokia announced on Tues... |
17 March 2009
06:22 GMT |
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As reported before, Vodafone has operated some job cuts in the UK. The company has reduced its workforce in the country with about 5 percent, considering that it has about 10,000 employees in the region, and it announced the layoff of 500 people. According to the carrier, the job cuts are part of its plan to slash an... |
27 February 2009
05:10 GMT |
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It seems that Nortel Networks will cut even more jobs in the following months. According to the latest news, the company will lay off more than 10 percent of its workforce worldwide, namely 3,200 employees. The job reduction will be made during the following several months as the Nortel tries to survive a bankruptcy ... |
26 February 2009
04:05 GMT |
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According to the latest news on the Web, Vodafone Group Plc, a leading mobile phone company, might soon announce hundreds of job cuts in the UK, a move that would help the company reduce costs and also protect its earnings throughout the economic slowdown. The info seems to come from two industry sources that are clo... |
23 February 2009
10:14 GMT |
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Motorola is reported to have cut 1,000 jobs from its Chinese R&D facility, leaving only about 100 employees at its Wangjing offices. The company hasn't confirmed the number of employees that were laid off, although a spokesperson for Motorola announced that there had been job cuts. The spokesperson noted that, ... |
13 February 2009
08:18 GMT |
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After making its plans to counter the effects of the global slow economy public, Santa Clara, California-based Intel has just announced that the jobs of 2,000 of its employees will be affected as the company intends to close its test plant in Shanghai. The 2,000 workers will be given the opportunity to work at two ot... |
6 February 2009
03:34 GMT |
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With more and more companies feeling the pain of the global economic downturn, news of Panasonic planning to shed approximately 15,000 jobs comes as little surprise. The company's announcement will represent the second significant round of layoffs in Japan's electronics industry, in less than a week. As wit... |
4 February 2009
10:47 GMT |
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According to a recent article on the Associated Press, IBM is said to have cut thousands of jobs, without the company officially announcing any specific and official details. The layoffs are reported to be part of the company's ongoing plan to save costs amid the current low global economy.IBM is said to have cu... |
28 January 2009
04:21 GMT |
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According to the latest news on the web, Motorola has announced that it would lay off 77 employees from its Plantation facility in Florida by the end of the first quarter of the year. Moreover, it seems that “The company said it will no longer conduct new Windows mobile development at the facility,” repor... |
27 January 2009
09:41 GMT |
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Sprint Nextel Corp. announced that it planned to reduce internal and external labor costs by almost $1.2 billion during the first quarter of the year. According to the carrier, the plan would also include cutting 8,000 jobs within the company, and it expects the move to be almost complete by the end of March. The lay... |
27 January 2009
04:20 GMT |
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Philips, Europe's biggest consumer electronics producer, is the latest to join the large number of companies that have recently announced quarterly losses and job cut plans, due to a global low economy. Specialized in consumer electronics, Philips has just announced losses of more than 1 billion Euros in the fou... |
26 January 2009
10:31 GMT |
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Following reports that the company will be required to announce its first loss in 21-years of profitability, Intel announced yesterday that it planned to start a restructuring plan that would include some of its manufacturing operations, in an effort to counteract the effects of the global low economy. The company is... |
22 January 2009
04:19 GMT |
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Motorola Inc. is reported to plan on cutting 4,000 more jobs as a result of lower device shipments caused by weakening demand in the market. The U.S. second-biggest seller of handsets seems to be greatly affected by the global economic recession, as this is the second wave of layoffs announced during the past three m... |
15 January 2009
05:40 GMT |
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According to the latest news on the web, Motorola is preparing a large number of layoffs as soon as this week. It seems that sources familiar with the company's plans have stated that the handset division will suffer a massive workforce reduction, as nearly 50 percent of the employees might be given the pink sli... |
12 January 2009
06:21 GMT |
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It looks like Sony's attempts to boost profitability, announced just yesterday, have already started to show initial results and they’re not the best of kind, as the consumer electronics giant has recorded today a share drop of over 3 percent. The falling shares are believed to be the result of the recent... |
10 December 2008
11:41 GMT |
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When it rains, it pours, and the same goes for Sony, one of the global leading manufacturers of consumer electronics, and bad news. Today, the company has announced plans to improve profitability across the entire Sony Group by undertaking a series of measures, which also include cutting jobs and reducing the number ... |
9 December 2008
04:16 GMT |
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According to the latest news on the Web, Hynix Semiconductor Inc is starting to cut its workforce and trim executive salaries as a means of reducing costs amid economic downturn. As the latest reports unveil, the South Korean memory supplier Hynix is set to lower the number of its executives by 30 percent, while also... |
8 December 2008
11:26 GMT |
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It appears that the worldwide low economy is continuing to make victims among major IT industry companies, as Sun Microsystems has just announced that it plans to lay off 15 to 18 percent of its global workforce, as part of a restructuring plan. People that are to leave the company include the company's executiv... |
14 November 2008
10:31 GMT |
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Although it is doing better than expected, at least in what the third quarter earnings showed, Advance Micro Devices announced on Wednesday that it would lay off 500 more employees. The company will cut about 3 percent of its working force, a move expected to reduce expenses. This would be the second wave of layoffs ... |
6 November 2008
02:14 GMT |
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Dell, the second largest computer maker worldwide, is struggling to cut costs on the background of the global economic crisis and is said to have asked its employees to take up to five days of unpaid vacation. As reported before, Dell is close to ending a 8,900 job cut program, but is also offering voluntary severanc... |
5 November 2008
03:53 GMT |
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The second largest computer maker in the world, Dell, is now being sued by female former top executives, alleging discrimination after the company announced a series of job cuts earlier this year. It seems that the Texas-based multinational technology company unfairly laid off four former senior female employees, who... |
31 October 2008
07:09 GMT |
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