Hold on, wasn’t there a worker shortage a few months ago? Suddenly it’s mass layoff season
Less than a month ago, a US Chamber of Commerce executive penned a blog post on the lobbying group’s website lamenting the degree to which …
layoffs
Latest layoffs
Best Buy to lay off 2,400 workers
Best Buy plans to lay off approximately 2,400 employees according to a recent report. Dow Jones Newswires on Friday reported that Best Buy will soon dismiss …
RIM to cut more than 10% of workforce as struggles continue
Research In Motion will reportedly lay off at least 2,000 workers as the company struggles to regain its footing in a smartphone market dominated by …
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 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 …
Yahoo announces plans to lay off 2,000 workers
Yahoo on Wednesday confirmed plans to lay off more than 2,000 employees as part of new cost-cutting efforts. The Internet giant currently employs approximately 14,000 …
T-Mobile to cut 5% of workforce, close seven call centers
T-Mobile is looking to restructure the company and in doing so, it will cut 5% of its workforce and closing seven call centers over the …
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 …
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 …
LightSquared plans to lay off 45% of its staff
LightSquared announced on Tuesday that the company plans to cut its workforce by 45% in an effort to cut costs. “This and other cost savings measures will allow …
Nokia to shed 4,000 jobs as manufacturing shifts to Asia
Nokia plans to eliminate 4,000 jobs as part of a major cost-cutting effort that will see much of its manufacturing shift to Asia. The cuts …
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 …
Nokia Siemens to slash 17,000 jobs by 2013 in restructuring move
After Nokia and Siemens failed to sell Nokia Siemens Networks, the joint venture announced on Wednesday that it will cut 17,000 jobs around the globe …
Motorola Mobility to shed 800 jobs ahead of Google merger
Motorola Mobility will spend $31 million as it lays off 800 employees ahead of its planned acquisition by Google, Bloomberg reported on Monday. Motorola said …
HP may layoff 500 employees, finally bury webOS
HP said earlier this year that it was planning to kill off its webOS hardware business, and reports suggested it was planning to sell the …
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 …
HP to lay off 525 Palm employees this week
HP will lay off as many as 525 employees from its Palm division this week AllThingsD reported on Tuesday. HP killed off its webOS mobile …
LG denies mobile business layoffs
On Thursday, reports surfaced suggesting LG was laying off 30% of its mobile business workers overseas. The firm denied the rumors on Friday, however, stating …
LG lays off 30% of its mobile employees overseas
LG has cut 30% of its overseas mobile staff as a result of the division’s recent poor performance, Reuters reported on Thursday. Korea Economic Daily …
Nokia Siemens Networks lays off 1,500 employees
Nokia Siemens Networks announced on Friday that it will begin to layoff 1,500 of its employees. The affected staff are part of its WiMAX and …
RIM to lay off 2,000 employees, reorganize management
Research In Motion will lay off 2,000 of its employees, or about 10% of its total workforce, as part of a cost optimization program. “The …
Cisco to cut 6,500 jobs to boost profits
Cisco announced on Tuesday that it will layoff 9% of its workforce, or 6,500 jobs, in an effort to boost profits. That figure is lower …
Cisco could cut 10,000 jobs to boost profit
Cisco could cut as many as 10,000 jobs — 14% of the company’s employees — in an effort to boost profits, Bloomberg reported on Tuesday. …
Specific Media buys Myspace for $35 million, cutting staff by 50%
According to AllThingsD Specific Media has acquired Myspace from News Corp. for $35 million. Reportedly, Myspace’s CEO, Mike Jones, will remain for “an interim period,” …
Layoffs begin at RIM, report claims
Waterloo, Ontario-based Research In Motion has begun laying off workers according to a report from a local newspaper on Tuesday. The Waterloo Region Record reports …
Nokia to cut 4,000 jobs, move 3,000 as restructuring continues
Finnish handset giant Nokia continues its restructuring in an effort to trim overhead and return to profitability. The BBC is reporting that the company will …
Bloomberg: Nokia's retooling could lead to 6,000 lost jobs
A report filed by Bloomberg paints a grim picture for Nokia Oyj workers the world over. With an announced and looming restructuring in the works, …
