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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 RIM has already begun reducing its staff, though >>

Modu cancels IPO, braces for layoffs

From the brink of an IPO to the brink of mass layoffs, Modu appears to be in deep trouble. The Israel-based company, known for building very tiny, very quirky phones, has turned its >>

Verizon stores closing at 4PM on Sunday, but for what?

We’ve independently confirmed that all some Verizon Wireless stores will be closing at 4PM this coming Sunday.You might ask why, and we’d love to tell you, but we aren’t sure. Apparently no one >>

Nokia to shed additional 490 jobs

As Finnish cell phone giant Nokia continues to cut costs in an effort to combat declining demand, the company recently told Reuters it would shed an additional 490 jobs in the near future. >>

Yahoo to proceed with layoffs starting Wednesday

In a bit of somber Monday morning news, it appears as if Yahoo is going to proceed with its planned end of the year layoffs which are expected to occur on Wednesday. Originally >>

AT&T to cut 4% of workforce

In a press release this morning, AT&T announced that it plans to cut 4% of its workforce, amounting to approximately 12,000 jobs, beginning this month. While this news might not come as a >>