layoffs News

Sony confirms plans to shed 10,000 jobs amid shake-up

Sony on Thursday confirmed earlier rumors suggesting plans to release 10,000 workers during the course of fiscal 2012. The figure includes employees expected to leave Sony as part of various business sales, however. >>

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 >>

Nokia to cut 1,000 jobs from Finnish phone plant

Nokia on Thursday announced that it will cut as many as 1,000 jobs at its plant in Salo, Finland. The company’s layoffs will happen gradually through 2012, with most cuts happening by the >>

Verizon to shutter three call centers [updated]

Approximately 3,000 people could lose their jobs following the shuttering of Verizon call centers in Texas, Michigan and Washington state. Local ABC affiliate ABC 13 reported on Thursday that up to 1,000 workers >>

Yahoo considers layoffs, reportedly freezes hiring

Yahoo has frozen its hiring process and may even consider layoffs according to a new report. The news was revealed by AllThingsD on Thursday, which wrote that the choices were made ahead of >>