Sony to cut approximately 10,000 jobs

By on April 9, 2012 at 11:30 PM.

Sony to cut approximately 10,000 jobs

Sony will reportedly cut 10,000 jobs, or roughly 6% of its global workforce, in an effort to bring the electronics giant back to profit, Nikkei reported on Monday. The majority of the layoffs will apparently come from consolidating the company’s chemicals and small and mid-size LCD operations, and are expected to be made over the next two years.  The report claims Sony’s new CEO Kazuo Hirai will announce his restructuring plan on April 12th, and the company may also ask seven executive directors, including Hirai and former CEO Howard Stringer, to give up their bonuses for the fiscal year that ended in March. Sony has denied the report. More →

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HP cuts webOS team in half during the transition to open source

By on February 29, 2012 at 8:35 PM.

HP cuts webOS team in half during the transition to open source

Hewlett-Packard will cut 275 of its 500 remaining employees on the webOS team as its mobile platform transitions to open source, WebOS Nation reported on Tuesday. “As webOS continues the transition from making mobile devices to open source software, it no longer needs many of the engineering and other related positions that it required before,” the company said in a statement. “This creates a smaller and more nimble team that is well-equipped to deliver an open source webOS and sustain HP’s commitment to the software over the long term.” While positions are being cut, HP hopes to redeploy employees to other areas of the company. The move leaves the webOS team with roughly 225 workers. More →

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Nokia cuts 3,500 more jobs

By on September 29, 2011 at 8:01 AM.

Nokia cuts 3,500 more jobs

Nokia announced on Thursday that it will “continue to align its workforce and operations” by reducing its headcount by roughly 3,500 workers. This new round of personnel reductions is in addition to earlier cuts announced this past April, and it will take effect by the end of next year. Approximately 2,200 of the laid off workers will come from the closure of Nokia’s factory in Cluj, Romania, which began operations in 2008, and another 1,300 cuts will take place within the company’s Location & Commerce unit. “We are seeing solid progress against our strategy, and with these planned changes we will emerge as a more dynamic, nimble and efficient challenger,” Nokia CEO Stephen Elop said in a statement. “We must take painful, yet necessary, steps to align our workforce and operations with our path forward.” Nokia’s full press release follows below. More →

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Nokia trims upcoming round of layoffs from 800 to 500 workers

By on January 14, 2011 at 4:44 AM.

Nokia trims upcoming round of layoffs from 800 to 500 workers

A Nokia spokesperson confirmed on Thursday that Nokia will cut fewer jobs in an upcoming round of layoffs than it initially announced. Speaking with Bloomberg Businessweek, Nokia spokeswoman Paeivyt Tallqvist confirmed that Nokia’s upcoming workforce reductions would trim 500 workers from various locations in Finland. The cell phone maker said last month that 800 employees would be let go. According to the revised agreement with unions, Nokia will cut 120 jobs from its headquarters in Espoo, 198 from its Tampere location, 103 from Oulu and and 82 from its manufacturing plant in Salo. More →

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Nokia confirms plans to cut 800 jobs

By on December 14, 2010 at 8:49 PM.

Nokia confirms plans to cut 800 jobs

Nokia confirmed Tuesday that it plans to cut approximately 800 jobs in its home country of Finland. The newly confirmed work force reductions are in addition to the 1,800 jobs Nokia announced it would have to cut this past October. Nokia said it has concluded negotiations with employee representatives, and it will give affected workers between five and 15 months salary as severance. Nokia stated that the new round of layoffs will begin in January 2011, and it hopes some of the laid off employees will be relocated elsewhere in the company. More →

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