Alphabet subsidiary Google said on Wednesday it is laying off hundreds of employees across multiple teams, with Fitbit co-founders…
Tag: layoffs
Apple generates an amazing $2.4 million in annual revenue per employee
Apple has consistently been the most efficient of the major U.S. technology companies when measured on revenue generated per…
Google, Microsoft each laying off more than 10,000 employees
Microsoft will be laying off 10,000 employees and Google will axing 12,000 employees over the coming weeks…
Why Apple is the only tech giant that still hasn’t announced layoffs
Many of the biggest technology companies are laying off staff amid rampant inflation and fears of a looming recession rise. But, those 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…
Intel axes 12,000 employees, 11% of its workforce
Intel expects the program to deliver $750 million in savings this year and annual run rate savings of $1.4 billion by mid-2017…
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…
Apple recruits employees from beleaguered BlackBerry
Apple Inc. has all but destroyed BlackBerry Ltd.’s business model…
DCW Blackberry begins axing 4,500 employees
BlackBerry wasted little time in embarking on the layoffs…
Beleaguered BlackBerry hit with shareholder class action lawsuit for misrepresenting state of company
A shareholder of BlackBerry Ltd sued the company and its executives on Friday…
How BlackBerry blew it: The inside story
Late last year, Research In Motion Ltd. chief executive officer Thorsten Heins…
Beleaguered BlackBerry to ax workforce by up to 40%
Beleaguered BlackBerry Ltd. is axing its workforce…
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…
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…
AMD axes 10% of global workforce
AMD today announced a restructuring plan and implementation of operational efficiency initiatives…
