LAYOFF

  • Apple to lay off about 200 people at Beats: Report July 31, 2014

    Apple intends to lay off about 200 people at Beats Electronics following its $3 billion acquisition of the headphone and music streaming services company, Bloomberg cited a person with knowledge of the restructuring as saying. The job cuts will mainly hit human resources, finance and other departments with significant overlap between...
  • Memo from Microsoft CEO Satya Nadella announcing the largest job cuts in the company's history July 18, 2014

    Microsoft announced on Thursday that it will cut up to 18,000 jobs, or about 14 per cent of its staff. CEO Satya Nadella, who took the job in February, delivered the news to staff in a memo that Microsoft released publicly. Here's the text of that memo: From: Satya Nadella To: All...
  • Microsoft expected to announce its biggest ever job cuts July 15, 2014

    Microsoft is planning its biggest round of job cuts in five years as the software maker looks to integrate Nokia Oyj's handset unit, Bloomberg reported, citing people with knowledge of the company's plans. The reductions, expected to be announced as soon as this week, could be in the Nokia unit and...
  • Women and minority communities bear the burnt of layoff at workplace more, study says March 29, 2014

    New York: Current corporate layoff practices focusing on positions and tenure, rather than worker performance are inimical to maintaining workplace equality, a new research has found. Women and people from minority communities bear the burnt of such downsizing polices -- reducing diversity at workplace, the study said. "Downsizing is increasingly done in...
  • HP confirms higher layoffs; 5,000 workers expected to lose jobs by Oct 2014 January 1, 2014

    Palo Alto: Personal computer giant HewlettPackard Co. has confirmed that it expects layoffs at the upper end of a range that it outlined earlier this year, with 5,000 more workers than originally planned expected to lose jobs by October 2014. The company said in a securities filing Monday that "continued market...
  • AlcatelLucent plans layoff, to cut 10,000 jobs worldwide: Reports October 8, 2013

    Paris: Telecom equipment maker AlcatelLucent plans to reduce its staff by 10,000 as part of a costcutting drive to save 1 billion euros ($1.4 billion) by 2015, Les Echos and Le Figaro newspapers reported on their websites on Monday. The group, which employs 72,000 staff worldwide, will axe 15,000 posts but...
  • US spy agencies face big layoffs in government shutdown October 2, 2013

    More than 70 percent of the civilians working for US spy agencies have been deemed "nonessential" employees and face temporary layoffs due to the government shutdown that began on Tuesday, three officials familiar with the matter said. The agencies affected are the Central Intelligence Agency, the Office of Director of National...
  • Toshiba to cut 3,000 staff in ailing TV division September 30, 2013

    Tokyo: Toshiba Corp said on Monday it would cut 50 per cent of staff in its lossmaking TV unit and cease production at two of its three overseas factories before the end of this fiscal year. Toshiba said it would increase outsourced production to 70 per cent from 40 percent and...
  • BlackBerry plans job cuts, could cut 40 per cent of workforce: Report September 19, 2013

    New York: Struggling smartphone maker BlackBerry could cut its workforce by up to 40 per cent by the end of the year, The Wall Street Journal reported Wednesday. Citing unidentified people familiar with the matter, the newspaper said that the Canadian company plans to make the cuts through layoffs that will...
  • Microsoft axes freelancers, contract writers at MSN September 13, 2013

    Seattle: Microsoft is laying off dozens of contract and freelance writers from its MSN news and entertainment portal as the giant software company seeks to reshape itself as a devices and services company. A spokesperson for the company confirmed the layoffs but declined to specify the number or comment further. A...
  • Google to cut further 1,200 jobs at Motorola Mobility, including in India March 8, 2013

    San Francisco: Google's Motorola Mobility unit is to shed another 1,200 jobs or 10 per cent of its workforce as the smartphone maker tries to return to profitability, Google said on Friday. The lay-offs come on top of the 4,000 jobs cut at Motorola Mobility in August as Google seeks to...
  • Struggling Fujitsu to cut 5,000 jobs February 11, 2013

    Tokyo: Struggling Japanese electronics maker Fujitsu is slashing 5,000 jobs, or nearly 3 per cent of its global workforce, as it seeks to boost profitability by reshaping its computerchip business and its overseas operations. Fujitsu said Thursday the job cuts will be completed by the end of this fiscal year next...
  • Nokia to cut over 1000 IT jobs January 17, 2013

    Helsinki: Finnish mobile phone maker Nokia said it will cut over 1000 IT jobs, including 820 employees who will transfer to HCL Technologies and Tata Consultancy Services, as part of an alreadyannounced restructuring. It said 300 jobs will be cut altogether, and that most of the reductions would be in Finland. The...
  • Infosys says media report of firing 5,000 staff wrong January 4, 2013

    Bangalore: Infosys said on Friday a newspaper report it was planning to fire up to 5,000 poorly performing workers was "wrong", although it encourages "chronic underperformers" to leave as part of its staff management. Infosys, India's secondlargest software services exporter, was sacking up to 5,000 poor performers to trim costs, the...
  • Infosys to fire up to 5,000 workers: Report January 4, 2013

    Mumbai: Infosys is planning to lay off up to 5,000 employees as the software services provider looks to cut costs and boost sales, The Economic Times reported on Friday. The report came as Infosys executive cochairman S Gopalakrishnan was quoted by other media reports as saying 2013 will be better...
  • Panasonic prepares for garage sale, to axe 10,000 jobs November 14, 2012

    Kadoma: About a fifth of Panasonic Corp's 88 business units are losing money and only half so far meet a target for at least 5 per cent operating margin, the Japanese electronics group's finance chief said in an interview on Wednesday. Hideaki Kawai said the country's biggest commercial employer will...
  • Google to cut 4,000 Motorola Mobility jobs August 13, 2012

    Bangalore: Motorola Mobility, which was bought by Google Inc for $12.5 billion, will cut 20 per cent of its workforce and shut nearly a third of its offices worldwide, Google said on Monday. "These changes are designed to return Motorola's mobile devices unit to profitability, after it lost money in fourteen...
  • HP may cut up to 1,000 jobs in Germany: Report June 24, 2012

    Berlin: Hewlett Packard, the world's largest personal computer maker, may cut as many as 1,000 jobs in Germany as part of planned Europeanwide redundancies, WirtschaftsWoche reported, citing an unnamed staff representative. HP is planning to cut about 8,000 positions in Europe by the end of 2014, the German magazine said, citing...
  • Logitech to cut 450 jobs as part of restructuring June 10, 2012

    Switzerland: Logitech International SA said that it's cutting 450 jobs including about 100 in the US as part of its restructuring. Company spokeswoman Nancy Morrison said the jobs to be eliminated, about 5 percent of the Logitech's workforce as of March 31, are scattered through various parts of the...
  • RIM to slash around 2,000 jobs: Reports May 29, 2012

    New Delhi: BlackBerrymaker Research In Motion (RIM) is likely to slash around 2,000 jobs worldwide as part of a massive restructuring plan that will begin in the next couple of weeks, according to a report. "RIM is preparing for a major global restructuring beginning in the next couple of weeks that will...
  • Yahoo layoffs to begin next week: Report March 31, 2012

    San Francisco: Yahoo Inc will begin layoffs of thousands of employees next week and will announce a plan to restructure the company the week after that, according to a media report. Yahoo declined to comment. The layoffs, which will not take place all at once, will mostly affect Yahoo's product, research and...
  • Yahoo may layoff thousands in restructuring drive March 6, 2012

    New York: Close on the heels of a new CEO taking charge at Yahoo Inc, the internet giant is likely to cut thousands of jobs as part of a major restructuring exercise of its operations, a report has said. Amid the likelihood of major job cuts in the company's research unit,...
  • Nokia Siemens Networks to cut 2,900 jobs in Germany January 31, 2012

    Frankfurt: Nokia Siemens Networks, the world's secondlargest maker of mobile phone network equipment, said it will cut about 2,900 of a total 9,100 jobs in Germany, with most to go by the end of this year. "In Germany we are concentrating on our strong customer relations and on research and development...
  • Adobe plans layoffs, overhaul to focus on digital November 9, 2011

    San Jose: Adobe Systems Inc plans to lay off more than 7 per cent of its workforce and take a charge of up to $94 million as part of a restructuring to focus on core businesses such as digital media and marketing. The news, announced just months after the world's largest...
  • About.com lays off staffers; hires replacements September 28, 2011

    Los Angeles: New York Times' owned About.com has laid off 15 editorial staffers and will hire 10 replacements as part of a restructuring of the site's mission. Kristin Mason, a spokeswoman for the internet company, said that the company had not eliminated its entire editorial team as Business Insider reported. She...
  • YouTube to boost staff by 30 pct in 2011 March 11, 2011

    New York: YouTube, the popular video site owned by Google Inc, said on Thursday it is adding 200 jobs, boosting its staff by more than 30 percent in its biggest hiring year. In a blog posting, the company also said more than 35 hours of video are uploaded to its site...
  • Nokia to cut 800 jobs in Finland December 15, 2010

    Helsinki: Nokia, the world's top cellphone maker by volume, plans to cut 800 jobs in its home Finnish market, the STT news agency reported on Tuesday, citing labour sources. Nokia was not immediately available for comment. STT said the discussions between Nokia and its Finnish employee representatives began in October, when the...
  • Yahoo preparing to lay off 600 to 700 workers December 14, 2010

    San Francisco: Yahoo Inc.'s holiday trimmings will include 600 to 700 layoffs in the Internet company's latest shakeup triggered by lackluster growth. Employees could be notified of the job cuts as early as Tuesday, according to a person familiar with Yahoo's plans. The person asked for anonymity because Yahoo hadn't made...
  • British graduate wears 'Job Wanted' board September 22, 2009

    London: In a pinstripe suit, silk tie and polished shoes, David Rowe has all the trappings of a successful London city worker, except for one stark difference he is wearing a sandwich board that says "Job Wanted". As he walked down Fleet Street, home to legal firms and investment banks,...
  • Pace of job losses slows, planned layoffs rise August 6, 2009

    New York: The number of US jobs lost in the private sector fell in July but firms increased planned layoffs, data on Wednesday showed, suggesting the labor market remained troubled even as the pace of job losses slowed. US private employers cut 371,000 jobs last month, compared with a revised 463,000...