If you make less than $25 an hour, you should ‘be terrified,’ viral TikTok video explains
In terms of all the layoffs that are rocking corporate America right now, it’s basically a depressing case of fill-in-the-blank — who’s not cutting right …
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Apple claims to have created or supported more than half a million jobs in the U.S.
Apple on Friday updated its website with a new job creation section detailing the company’s role in creating American jobs. Since its inception, the Cupertino-based …
Intel may postpone mass shipments of Ivy Bridge processors
Intel recently notified partners of its plans to postpone mass shipments of the company’s Ivy Bridge processors, reports DigiTimes. The company still plans to announce new …
Samsung head tells employees to brace for stiff competition, weak economy this year
Samsung recently warned employees at its South Korea headquarters that the company will face stiff competition amid a weak economy this year. “The global economy’s …
Sony blames Q1 net loss on earthquake, economy
Sony reported its fiscal first quarter results on Thursday and recorded a net loss of 15.5 billion Yen ($198.7 million). The company attributed the loss …
Qualcomm chip shipment forecast lower than expected, Europe to blame
Qualcomm said it expects to ship between 120 million and 125 million chips during the quarter ending in September, a figure that is lower than …
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 …
Weekend rabble-rousing: Web sales tax bill may end free ride for eBay, others
The Rockefeller Institute, a research group tied to SUNY, said that sales taxes took a 6.1 percent dive in Q4 of 2008 and Q1 of …
Najmi Jarwala steps down from his position as President of Sony Ericsson USA
Sony Ericsson announced today that Najmi Jarwala has resigned from his position as President of Sony Ericsson USA and Head of Region North America (US …
Nokia needs to cut more costs, implements Voluntary Resignation Package
The heat is on and Nokia appears to be feeling the burn as much as the next company as it has just announced a new …
Nokia to combat downturn with production cuts, temporary layoffs
As MWC draws closer mobile fans around the world wait in anticipation as mobile companies prepare some of their biggest announcements of the year. Leading …
Verizon Wireless in the midst of laying off employees?
Despite solid Q4 2008 earnings, Verizon Wireless is apparently not layoff-proof in this struggling economy but then no company is. Rumor has it that Verizon …
AT&T claims 1.9 million new iPhone 3G activations during Q4 2008
First things first: 1.9 million activations is nothing to scoff at. It’s a huge number, and represents AT&T and Apple’s unquestionable success in the smartphone …
Circuit City files for bankruptcy, 567 prepare for liquidation sales
…and over 35,000 folks prepare to start searching for a new job. So sad. This latest bit of bad news comes after Circuit City’s lengthy, …
Sony poised to post $1.1 to $2 billion loss for 2008
Things aren’t looking too hot for Sony CEO Howard Stringer. Back in October his company predicted that it would end its current fiscal year with …
Sprint to move forward with job cuts following VSP
It looks like Sprint’s Voluntary Separation Probgram (VSP) we scooped last month didn’t quite have the impact the company had hoped for. Surprising that employees …
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 …
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. …
Google is trimming “operational expenses”; read layoffs
Regardless of how large, powerful and influential a company is, no one is recession-proof. Internet search giant Google has been laying off employees since this …
Palm cuts down manpower, resents itself just a little bit
It isn’t new news that the worsening economy has resulted in layoffs and it now looks like Palm will be falling victim to the increasingly …
Sprint announces Voluntary Separation Program; more layoffs possibly on the way
In a move similar to what Dell is currently offering its employees, Sprint is also giving employees the option to voluntarily leave the company. While …
Dell to employees: Take some unpaid time off! Leave if you want to!
If you ran a very large company hurting a little in the midst of an economic crisis, what would you do? Well, Dell has the …
Tesla Tastelessly Tosses Their Team
If you thought breaking up over a text message was in bad taste, try empathizing with the Tesla employees who were just laid off… via …
Trouble on Wall St. means trouble for manufacturers and carriers
That dude pictured above doesn’t look too happy, and who can blame him? He’s probably a tech geek, if not a Blackberry user who is …
