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Home > News > Tags > layoffs
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Electronic Arts isn't the only huge game company to feel the sting of the financial slope. Square Enix is also experiencing some troubles, and, just like EA did with its smaller studios, Enix has begun to cut down on its ties. The company feels like it would be a little bit too much to start chopping away at the... |
27 November 2009
03:06 GMT |
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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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There are a lot of things happening at AOL as the once mighty Internet giant is going through some pretty tough restructuring. It's about to get separated from Time Warner as an independent company listed in the stock market. It's also trying to get rid off any business not crucial to its operation. And no... |
19 November 2009
11:01 GMT |
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Electronic Arts isn't the only one that has started firing its people. The gaming industry that was supposed to be recession-proof is beginning to feel the effect of the global financial crisis more and more. The money-shortage has spread to all four corners of our near-spherical Earth and it has even reached th... |
19 November 2009
05:08 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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Mobile phone carrier Sprint Nextel announced on Monday that it planned on operating a series of internal and external labor cost reductions. According to the company, the move includes the layoff of a number of approximately 2,000 - 2,500 employees in the fourth quarter of this year, something that should enabl... |
10 November 2009
14:31 GMT |
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The expected layoffs at AOL are beginning today with a first small salvo. About 100 AOL employees will get the axe today as the company prepares for its spin-off from Time Warner and another massive wave of firings to come in the not-so-distant future. This is the first step of “Project Everst,” an effort... |
10 November 2009
10:29 GMT |
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Leading infrastructure service provider Nokia Siemens Networks has announced today that it plans to improve its financial performance and to return to growth. According to the company, the plans include reorganizing its business units, cutting operational expenses, reducing personnel, ongoing purchasing savings, expa... |
3 November 2009
09:22 GMT |
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Sun is going from bad to worse as it waits for the acquisition go-ahead from the European Union's competition regulators. The company has been losing customers and the potential revenue for months now and it's only getting worse, leading to it having to lay off some 3,000 employees, roughly 10 percent of it... |
21 October 2009
07:09 GMT |
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AOL is starting what looks to be a massive restructuring campaign. Several months after Tim Armstrong was brought in as CEO he finally got around to doing some changes in the company's lineup and he's starting at the top level, ousting Chief Operations Officer Kim Partoll and Senior Vice President of Search... |
16 September 2009
08:18 GMT |
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These seem to be tough times for all videogame developers. Raven Software, which has put together the newest Wolfenstein title, has announced layoffs amounting to around 60 people, and now Maxis, the Electronic Arts subsidiary in charge of creating last year’s Spore and this year’s The Sims 3, is said to ... |
27 August 2009
12:41 GMT |
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MySpace isn't doing so great lately. Sure, it's raking in the cash for the time being, but it has fallen way behind Facebook, not to mention Twitter, in buzz and popularity. The fact that Facebook has just recently become the biggest social network in the US isn't helping either. And now the company wi... |
12 June 2009
08:50 GMT |
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Over the past couple of months, the abysmal state of the US economy has gradually began to recover, as the stimulus measures employed by president Obama and the federal government slowly began to go into effect. For the last month, employees only cut 345,000 jobs, which is less than the previsions made by officials f... |
5 June 2009
10:28 GMT |
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Seagate, one of the world's leaders in the computer storage market, has announced today new restructuring plans that are meant to reduce the company's operating costs and enable a positive end of its fiscal 2010 year. According to a recently-released statement by the Scotts Valley, California-based company,... |
13 May 2009
10:06 GMT |
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Finnish mobile phone maker Nokia announced today its plans to focus on the strategy of its services unit so as to be able to simplify and enhance the user experience with its services, while also opening new opportunities for third parties. In addition, the company is set to switch its focus to fewer initiatives, whi... |
28 April 2009
11:29 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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We live in some very tough times, as more and more companies, regardless of their area of expertise, are affected by the worldwide recession, which is taking its toll on all industry segments. Although some analysts figured that the gaming branch of entertainment would come out relatively safe, things didn't wor... |
4 March 2009
13:11 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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Nokia announced that it planned to continue its move to increase cost-efficiency and adapt to the market situation, and that it would close its mobile devices R&D site in Jyvaskyla, Finland, and concentrate on its sites in Tampere, Oulu, Salo and the Helsinki metropolitan area. At the same time, the company further a... |
12 February 2009
08:22 GMT |
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Motorola has been reported recently to cut more jobs from its Mobile Division, among which 77 employees are from the Windows Mobile development team working at the company's Plantation, Florida facility. The layoffs were suggested as being an indicator of the fact that the mobile phone maker was on its way to le... |
28 January 2009
06:33 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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In a recent announcement, Sony, one of the world's largest manufacturers of consumer electronics, said that it would post a record $2.9 billion annual operating loss, citing sliding demand and a stronger yen. With the statement, the company also provided details regarding the restructuring plans it would impleme... |
23 January 2009
11:00 GMT |
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We live in some very harsh economic times and the global recession is affecting almost everything around us. Despite analysts' optimistic claims that the crisis won't affect the gaming industry and that everything will be alright, we've already seen a lot of things happen in this field of entertainment... |
23 January 2009
02:21 GMT |
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Microsoft won't be hitting the 100,000-worker milestone in 2009 as the company could have managed, taking into consideration its year-on-year headcount growth. Furthermore, the Redmond company will in fact take drastic measures attempting to minimize the impact of the global economic crisis, and reduce the numbe... |
22 January 2009
09:59 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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Seagate, the world's largest hard-disk drive manufacturer, is expected to announce a 10 percent workforce reduction, as part of the company's new restructuring program, according to a Seagate executive. The drastic measure comes as a response to the weak market demand, which has made the storage maker see l... |
12 January 2009
11:04 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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According to the latest news on the Web, Motorola is trying to prevent Research in Motion from hiring its employees, who either have been fired or are about to be. The report says that RIM, the manufacturer of Blackberry, has started legal action against Motorola, regarding the issue of the former hiring ex-employees... |
30 December 2008
04:31 GMT |
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The Sunnyvale, California-based chip maker, Advanced Micro Devices, appears to be ending 2008 with a fresh new round of bad news, as the company is expected to lay off more of its employees, according to a recent filing with the Securities and Exchange Commission. The chip maker also announced that it would incur $70... |
30 December 2008
03:50 GMT |
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As most of you are probably aware, Motorola isn't at the top of its game, losing precious ground in the mobile department every day. Since the company is having problems in other areas too, the decision that Motorola is implementing is an extremely harsh one. The main idea is that it will freeze its pension plan... |
18 December 2008
10:11 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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Rumors that IAC will cut down some 100 jobs at Ask.com were not totally false, but completely exaggerated the number. Only 40 people were let go, making up for 8 percent of the search engine's work force. The shovel in the forehead that nobody saw coming, though, was the announcement that Ask.com will change its... |
5 March 2008
04:26 GMT |
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