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Stories about: layoff


AMD Axed a Large Portion of the PR and Marketing Departments

AMD did say it was going to lay off about 10% of its global workforce and, true enough, this really is happening rapidly, with two departments getting a particularly thorough thinning. The two departments of Advanced Micro Devices that saw the biggest workforce reductions are PR and Marketing. This may not have be...

5 November 2011
07:55 GMT

AMD Lays Off 10% of Its Workers and Modifies Its Strategy

The new CEO of Advanced Micro Devices did say it wanted to make some changes to how AMD operated and, sure enough, the company announced the first major one. Advanced Micro Devices (AMD) will enact a restructuring plan whose ultimate purpose is an overall more competitive and productive business. Unfortunately, qu...

4 November 2011
03:25 GMT

Philips Does 85% Worse in Q3 2011, Will Fire 4,500 Employees

Showing that the recession is still alive and well, Philips is now in the position where it has to reduce its personnel in order to decrease operating costs, seeing as how its profits plummeted massively in the third quarter. We've passed the first half of October, which is the first month of the fourth quarte...

18 October 2011
10:44 GMT

Cisco Ponders Firing Thousands of Employees

Even though the world economy is said to be moving forward again, some companies are still performing layoffs, one of said corporations, apparently, being none other than Cisco.Large IT companies, like those of other segments, are always those that offer employment to most people.Unfortunately, this also means that,...

12 July 2011
05:56 GMT

Acer Will Fire Chinese Workers

It looks like the latest organizational changes set to happen on Acer's side of the IT industry will take the form of some less than likable moves, at least as far as its employees are concerned.The past year saw a visible recovery from the heavy times of the economic recession which hit the IT segment hardest ...

26 March 2011
08:02 GMT

Mac Game Publisher Aspyr Fires Half Crew

The folks at Big Download have learned “through several unnamed but reliable sources” that the publisher of multiple Mac game ports, Aspyr Media, laid off roughly 50 per cent of its staff two weeks ago, with the news hitting the wires just now. Reportedly, the maker of the GameAgent utility now has only a...

15 December 2009
07:07 GMT

Rock Band Developer, Harmonix, Cuts Back on Employees

As the gaming industry starts feeling the bitter taste of recession more and more, another studio has to cut back on its workforce. We already saw Electronic Arts fire over 1,500 people and shut down game developer Pandemic Studio, and now it seems like one of its smaller business partners needs to make a few cutback...

11 December 2009
05:51 GMT

Funcom Delays The Secret World

It seems that trouble related to Age of Conan is finally catching up with developer and publisher Funcom, which, last year, released the MMO based on the Hyperborian world so vividly brought to life by Arnold “The Governor” Schwarzenegger. There are reports that the company will be forced to cut off 20% o...

2 October 2009
12:41 GMT

Sony Employs Drastic Layoffs, Closes TV Plant

It seems that the global recession has an impact on the entire industry, since not even the gaming segment can dodge its effects and still maintain a profit. After big gaming companies like Electronic Arts or Microsoft have or are planning to employ some major layoffs in their teams, it seems that Sony will confirm a...

22 January 2009
15:10 GMT

Electronic Arts Plans More Layoffs, the Mobile Division Is the First to Suffer

Electronic Arts is one of the biggest gaming companies out there, owning a variety of studios that create games for virtually every niche available on the market. From the hardcore shooters to the casual family games and the very popular franchises, EA does make a lot of profits, but, as recent studies show, it seems...

12 January 2009
02:59 GMT

AMD's DiFranco Gets a New Job at Lenovo

AMD's ex-corporate vice-president of marketing Stephen DiFranco has just announced that he would join Lenovo to pursue other challenges in the notebook world. DiFranco left AMD on April 23rd and according to tech website Fudzilla, the chip manufacturer will also break up with Mario Rivas himself who is currently...

12 May 2008
08:57 GMT

Dell to Shed 250 More Jobs in Ireland Until 2009

Dell announced yesterday its plan to lay off up to 250 jobs from its operations centers in Dublin and Limerick. The announcement raised a wave of protest from both the company's employees and the local Irish authorities, who labeled the decision as a "bitter blow".The Irish employees at the two locations have b...

30 April 2008
10:52 GMT

Another AMD Executive Flees Away From the Sinking Boat

AMD has lost yet another key executive, as Stephen DiFranco, the company's corporate vice president of consumer sales and marketing resigned. The chip manufacturer silently announced its departure from the company, and it is alleged that DiFranco was rushed out on the back door mostly because of the company'...

23 April 2008
03:47 GMT

AMD's Bob Brewer Leaves the Sinking Boat

Chip manufacturer Advanced Micro Devices has announced that another company executive is leaving the company for safer territories. Bob Brewer, the ex- Corporate Vice President of Strategic Marketing has resigned shortly after Phil Hester's departure. Bob Brewer also worked as a director of AMD's CPU busine...

15 April 2008
05:23 GMT

AMD's CTO Resigns, Leaves Position Vacant

Advanced Micro Devices' chief technology officer, Phil Hester, has just stepped down. The news was broken by one of the company's spokespersons, who also said that Hester will not be replaced yet. The resignation is effective immediately, as the ex-CTO is "looking to do new things."Hester was recruited by t...

12 April 2008
04:33 GMT

AMD Starts Axing 10 Percent of Its Workforce and Might Split in Two

Advanced Micro Devices' president and chief operating officer Dirk Meyer has sent an e-mail message to the company's employees that justifies the upcoming layoffs rumored last month. It seems that the company is gearing up for the gloomy Q1 revenue announcements.Dirk Meyer said that the job slashing is "pai...

9 April 2008
03:48 GMT

Dell's Layoff Plans, Bigger than Estimated

System vendor Dell has announced earlier this week that it will adopt a new strategy to shift its business back to profit. The new approach involves dramatic cost cuts, that will reflect in a number of layoffs across its board. We have previously reported that the company plans to slash about 8,800 jobs in a three-ye...

4 April 2008
03:48 GMT

Confirmed: AMD Will Start Slashing Jobs

Despite the fact that AMD dismissed the layoff rumors presented by us last month, industry sources have now confirmed that the chip manufacturer is gearing up to shed some more jobs until April 15. According to the sources, AMD informed its key partners that the company will enter a staff restructuring process that w...

3 April 2008
06:03 GMT

Dell to Lay Off 900 Jobs in Austin Facility Shutdown

In an attempt to save about $3 billion per year, Dell is reportedly gearing up for a massive staff layoff in shutting down its desktop computer factory in Austin. According to the company, about 8,800 jobs will be axed in order to trim billions in costs.The system manufacturer and vendor plans to reduce some more 900...

1 April 2008
16:41 GMT

Super-Secretive CPU Startup Montalvo Gets Ready for Cutbacks

Processor startup Montalvo Systems is reportedly gearing up for a big internal announcement that will go public anytime soon. According to some sources close to the company, the upcoming announcement might spell trouble, despite the company's allegations of having achieved significant progress in CPU research an...

1 April 2008
05:01 GMT

Western Digital Stops Shipping Platters to its Competitors

Storage specialist Western Digital announced that it will not ship its platters to competing companies as of May this year. The company is currently producing hard-disk drives platters through its Komag subsidiary, also known as WD Media."This action sizes our media and substrate operation to the current demands of a...

25 March 2008
10:54 GMT

AMD: 5 Percent Layoffs to "Celebrate" Phenoms

AMD is reportedly planning to reduce its workforce by 5 percent until the end of the first quarter. It seems like the advent of the long-awaited Phenom processors will come with massive layoffs across the company's staff. Rough estimations say that the company will send home between 800 and 850 workers of AMD�...

20 March 2008
04:02 GMT

Interesting Layoffs Strategy from Yahoo - Best Paid People Leaving

Yahoo! has started spring-cleaning today, but it looks to be the maid of nightmares. It's throwing away most of the expensive but all the money worth china, as well as the stuff from Pottery Barn that's been shattered to pieces. The basic guideline I've managed to get from their strategy is that people...

13 February 2008
03:56 GMT

Nintendo Power Magazine Has Lost the Battle With Gaming Sites

I guess every now and then we have to write some sad news too. The world isn't only peaches and pie and some good things vanish from our lives, with no way for return. OK, enough sentimental crap: "Massive layoffs" are on the horizon for the Nintendo Power magazine, as IGN's sources report. The mag's ...

15 May 2007
17:51 GMT


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