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Stories about: workforce reduction


Sony Ericsson Makes More Job Cuts

Japanese-Swedish mobile phone maker Sony Ericsson is reportedly heading towards a major series of job cuts all around the world. According to Dow Jones Newswires, the company intends to reduce its global headcount by 2,000 before the mid 2010 is here. The slashes are said to begin at the handset vendor's site i...

17 December 2009
04:45 GMT

Seagate Announces New CEO and COO

Seagate, the world’s leading hard disk drive maker, recently announced, in a surprising move, that its Board of Directors had unanimously appointed Stephen J. Luczo as the company’s new president and chief executive officer. Mr. Luczo is expected to continue to serve his previous post as chairman of the B...

14 January 2009
03:04 GMT

Seagate to Announce 10% Workforce Reduction

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

Seven Innovation Awards for Logitech at CES 2009

Logitech, one of the world's leading makers of PC peripherals, announced today that it has been offered seven CES 2009 Innovation awards, recognizing the company's excellence in design and engineering. Among some of its winning products, we should mention the newly introduced G13 advanced gameboard and the ...

6 January 2009
08:44 GMT

Foxconn to Further Reduce Workforce

Foxconn Electronics (Hon Hai Precision Industry) is expected to lay off more of its employees in an attempt to salvage itself from the negative effects of the slow global economy. The company's chairman, Mr. Terry Gou, said that the economic crisis was three times worse than what was initially expected, for whic...

22 December 2008
10:16 GMT

AMD Said to Announce a 10% Workforce Reduction

In a context in which major companies around the globe are announcing a series of methods meant to diminish the effects of the slow global economy, AMD is also said to plan a workforce reduction of approximately 10%. The Sunnyvale, California-based chip maker might even announce said workforce reduction in January 2...

16 December 2008
04:26 GMT


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