Nokia trims upcoming round of layoffs from 800 to 500 workers
A Nokia spokesperson confirmed on Thursday that Nokia will cut fewer jobs in an upcoming round of layoffs than it initially announced. Speaking with Bloomberg Businessweek, …
layoffs
Myspace may lay off half its staff
Horrible news comes from AllThingsD’s NetworkEffect blog Friday morning, as rumors of massive layoffs sullied New Year’s Eve for a social networking pioneer. Myspace may …
Nokia confirms plans to cut 800 jobs
Nokia confirmed Tuesday that it plans to cut approximately 800 jobs in its home country of Finland. The newly confirmed work force reductions are in …
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 …
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.
HP to lay off 9,000 workers as it automates data centers
Fresh off of a solid quarter which saw profits rise 28%, HP announced today that it will be laying of some 9,000 workers as it …
Sony Ericsson reports Q4 losses, but is slowly picking up the pace
Things aren’t looking so pretty at Sony Ericsson as the handset maker a little while ago posted its fourth-quarter earnings showing a loss of $270 …
Verizon cuts ex-Alltel employees, offers small consolation
It looks like Verizon has finally figured out what it’s going to do with the Alltel employees that it picked up during its acquisition of …
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 …
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 …
Microsoft announces earnings early, confirms 5,000 layoffs
Rumors surrounding Microsoft’s poor performance and impending layoffs have been swarming recently and as the predicted date of said layoff announcement came and went, many …
Motorola confirms rumors of layoffs, 4,000 to be affected in 2009
Rumors have been flying lately and the tip emails won’t stop – now Motorola’s plans to undergo a significant workforce reduction have been confirmed by …
Layoffs hit CBS Interactive, spread across all digital properties
As we near the end of 2008 and approach the holiday season, layoffs get harder and harder to swallow. No one wants to close out …
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 …
