layoffs

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News

  • NXP plans to cut 700 to 900 jobs worldwide

    NXP Semiconductors is planning to cut 700 to 900 jobs as part of a reorganization to reduce costs of support services, the company said on Monday.

    Written by Loek Essers14 Jan. 13 16:27
  • Extreme Networks cutting 13% of workforce

    Extreme Networks is laying off 13% of its workforce, or about 90 employees, in an effort to reduce expenses by $7 million per quarter.

    Written by Jim Duffy09 Jan. 13 17:03
  • PayPal to reorganise, cut 325 jobs

    Internet payments company PayPal will cut 325 jobs as part of a companywide reorganisation, its president said.

    Written by Martyn Williams30 Oct. 12 00:57
  • Zynga lays off workers, closes Boston studio

    Zynga is cutting about 5 percent of its workforce, and is "sunsetting" 13 of its older games, the company's founder and CEO Mark Pincus said Tuesday in a note to employees.

    Written by John Ribeiro24 Oct. 12 03:08
  • Wall Street Beat: Earnings point to tough quarter for tech

    Some of the biggest names in tech reported quarterly earnings this week, and the resulting picture is not pretty. The main culprit for the weak earnings reported this week is a slump in the PC market, but uncertainty about the global economy is weighing down almost all sectors of IT.

    Written by Marc Ferranti19 Oct. 12 21:19
  • Nokia Siemens to slash 17,000 jobs worldwide

    Struggling network infrastructure vendor Nokia Siemens Networks is planning to cut 17,000 jobs worldwide, as it aims to cut €1 billion (US$1.35 billion) from its costs by the end of 2013, the company said Wednesday.

    Written by Mikael Ricknäs24 Nov. 11 01:31
  • Adobe to reduce enterprise software investment

    Adobe will cut 750 jobs and reduce its investment in enterprise software as part of a broader plan to target the fast-growing markets for digital media and digital marketing products, the company said Tuesday.

    Written by James Niccolai09 Nov. 11 11:47
  • AMD to lay off 10 percent of global workforce

    AMD plans to lay off 10 per cent of its global workforce and will terminate "existing contractual commitments" in a plan to cut costs, the company announced Thursday.

    Written by Nancy Gohring04 Nov. 11 08:04
  • Bloodiest tech industry layoffs of 2011

    Job cuts in the US technology industry in 2011 are down significantly from a year ago and turnover levels in IT shops have returned to pre-recessionary levels, but that doesn’t make the tens of thousands of people in the United States who have been laid off from electronics, telecommunications and computer industry jobs feel much better.

    Written by Bob Brown04 Nov. 11 06:27
  • Motorola to lay off 800 more workers

    Motorola Mobility will lay off 800 people, the latest in a string of worker reductions at the handset maker, as it prepares to become part of Google.

    Written by Nancy Gohring01 Nov. 11 09:33
  • Nokia lays off 3,500 employees

    Nokia is planning to lay off an additional 3,500 employees, as the company continues to restructure after announcing its decision to focus on Microsoft's Windows Phone operating system.

    Written by Mikael Ricknäs29 Sept. 11 18:56
  • Five outsiders who could lead Hewlett-Packard

    Having gone through a <a href="http://www8.hp.com/us/en/company-information/executive-team/formerceos.html">rash of CEOs</a> in the past 10 to 15 years, Hewlett-Packard may soon find itself looking for yet another new chief, despite just tapping Meg Whitman for that job this week.

    Written by Chris Kanaracus24 Sept. 11 05:52
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