One of the reasons why Apple is under less pressure than tech peers to slash jobs during the current economic slowdown is that hired…
Tag: job cuts
Verizon to acquire beleaguered Yahoo for $4.8 billion
The one thing that kept Yahoo afloat for this long is Jerry Yang’s risky $1 billion bet on Alibaba in 2005…
Verizon to bid $3 billion for Yahoo’s internet business
Verizon Communications Inc. on Monday planned to submit a second-round bid of about $3 billion for Yahoo Inc.’s core internet business…
Yahoo for sale as bidders line up; CEO Marissa Mayer is likely toast
Yahoo is for sale, and bidders are lining up to grab their own, ever-shrinking piece of Internet history…
CEO Marissa Mayer drops the ax, shutters about half of Yahoo’s content verticals
Yahoo was shuttering its tech vertical and moving some of its staff, including former New York Times columnist David Pogue…
Yahoo CEO Marissa Mayer gets a chance to make one last stand
For Mayer’s part, it is admirable that she fought to stick around and take one more shot…
Yahoo to lay off 15% of staff, close five offices, explore non-strategic asset sales
Yahoo Inc Chief Executive Marissa Mayer is set to reveal cost-cutting plans…
Microsoft axes 1,200 jobs, exits display ad business
About 1,200 jobs at Microsoft will be impacted…
Sony axes another 1,000 smartphone employees
The cuts are in addition to the 1,000 jobs Sony said it would eliminate…
Beleaguered Microsoft axes another 2,100 employees
Microsoft has confirmed another 2,100 redundancies as part of a plan…
Beleaguered Microsoft’s 18,000 layoffs the beginning of a painful attempt to clean up Ballmer’s mess, says Street
Nokia board members apparently pleaded with Stephen Elop to take a smaller bonus but he refused because he said he needed that money to pay for his pending divorce…
Beleaguered Microsoft to axe up to 18,000 employees over the next year
The job cuts are the largest in the company’s 39-year history…
Microsoft to begin axing thousands of employees as soon as this week
Microsoft Corp. is planning its biggest round of job cuts in five years…
Google cuts 1,200 more Motorola Mobility jobs
Google Inc.’s Motorola Mobility hardware unit has begun laying off more employees…
Texas Instruments to cut nearly 5% of its workforce
The Dallas company said it expects restructuring charges of $325 million…
Google warns of more job cuts at Motorola Mobility, increases Q3 severance cost estimates
Google Inc revised up the bill for job cuts at its money-losing Motorola Mobility…
HP beats Street, guidance below expectations; to axe 27,000 employees
Hewlett-Packard (HPQ) this afternoon reported fiscal Q2 revenue and profit per shaer…
HP to release quarterly results as mass layoffs of 25,000-30,000 loom
HP has had trouble responding to the threat posed by Apple Inc.’s iPhone and iPad…
Beleaguered Sony to axe 10,000 jobs
Japan’s Sony Corp is cutting 10,000 jobs…
Yahoo axes 2,000 employees, 14 percent of its workforce
Yahoo is laying off 2,000 employees as new CEO Scott Thompson eliminates jobs…
Best Buy posts $1.7b loss, to close 50 U.S. stores, cuts 400 corporate-level jobs
Best Buy planned dramatic action Thursday after it posted a $1.7 billion loss…
Beleaguered Nokia axes 4,000 jobs; shifts production to Asia
Nokia has so far announced plans to shed around 14,000 job cuts…
Microsoft said to again reorganize marketing operations; may include hundreds of job cuts
Microsoft Corp. is making plans for a companywide restructuring of its marketing operations…
NEC to cut 10,000 jobs as Apple iPhone continues to gobble up Japan’s smartphone market
Japan’s NEC will cut nearly one in ten of its workers as the iPhone continues to gobble up the market for smartphones…
