This week, rumors have become reality and Microsoft has announced that it’s shedding sales jobs to focus on the cloud. Firing an estimated 3,000 people normally isn’t a sign of good health for a company, but for Microsoft, it’s actually a good thing.
It has only been a few months since Google (GOOG) completed its acquisition of Motorola Mobility, however The New York Times is reporting that the Internet giant has notified employees about a huge round of upcoming layoffs. Google will eliminate 20% of Motorola’s workforce according to a regulatory filing, a third of which will come from …
Research in Motion (RIMM) in June reported the worst quarter in the company’s history, and announced plans to reduce its global workforce by 5,000 people. According to Cantech Letter, the troubled smartphone manufacturer will let go of 3,000 workers on August 13th, mainly from its customer service, human resources, marketing, non-enterprise sales and Global Repair …
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 as many as 2,400 workers including 600 Geek Squad representatives. Best Buy acquired Geek Squad, its PC repair arm, in 2002. “We are working to minimize the impact of the …
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 just two vendors. RIM added two new executives earlier this month, chief marketing officer Frank Boulben and chief operating officer Kristian Tear, but the Waterloo, Ontario-based smartphone maker is now preparing …
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. The move, which is part of a larger effort to restructure and cut costs, will result in a 6% workforce reduction. The Japan-based …
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 will apparently come from consolidating the company’s chemicals and small and mid-size LCD operations, and are expected to be made over the …
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 full-time workers and several thousand more contractors. The workforce reductions will be spread across a number of units within Yahoo including its product division, local business unit, marketing division and …
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 next three months, The Wall Street Journal reports. The carrier said the job cuts were necessary and will help fund its planned $4 billon 4G LTE network. As both Verizon …
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 end of June, Reuters reported. The Salo plant is the last large cell phone manufacturing plant in Western Europe, as most businesses …
