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HP to lay off 525 Palm employees this week

September 20th, 2011

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 operating system in mid-August when it also announced it would discontinue the development of webOS devices such as the TouchPad and Palm Pre family of smartphones. “As part of this …

Nokia Siemens Networks lays off 1,500 employees

August 5th, 2011

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 GSM divisions, and a spokesperson told Reuters that many of the employees were originally brought on as part of NSN’s infrastructure purchase from Motorola. In March, Nokia Siemens Networks tried …

Cisco could cut 10,000 jobs to boost profit

July 12th, 2011

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. 3,000 Cisco employees accepted buyouts and early retirement packages, which will cost Cisco between $500 and $1.1 billion during the fourth quarter. While the layoff plans aren’t final, 7,000 more …

Apple suppliers cut iPhone 4 production ahead of iPhone 5 launch

June 21st, 2011

Printed circuit board (PCB) suppliers in Taiwan have noticed “disappointing orders” for iPhone and iPad hardware, according to DigiTimes. As a result, the suppliers have cut quotes by 10% on average for the second quarter, noting that there’s no sign of a rebound. The drop in iPhone hardware orders suggests that Apple’s highly anticipated next-generation …