Securities and Exchange Commission shows software giant will eliminate 5000 jobs by June this year
Microsoft has more than made good on its plan from a year ago to eliminate 5,000 positions by the middle of June 2010, the company reported as part of its quarterly 10Q filing with the Securities and Exchange Commission.
Two manufacturing sites in Sweden hit by a new round of cuts
Ericsson plans to cut up to about 1,000 employees, and will in the process close its site in the Swedish town of Gävle, the company said in a statement on Tuesday.
Offices in Finland and Denmark are affected, it said.
Mobile phone giant Nokia on Friday said it will cut up to 330 people from its research and development staff.
The struggling Internet company will implement a voluntary layoff program to trim its staff by 2,500 employees
AOL, which will be spun off from parent company Time Warner next month, wants to cut its staff by about a third, and is giving employees a chance to volunteer to join the ranks of the unemployed.
The layoffs follow a poor earnings report from the operator
Sprint Nextel expects to lay off as many as 2,500 people by year’s end, on the heels of reporting that it lost 545,000 customers in its third quarter.
Local jobs could be affected by the company's second wave of job cuts in about a year
Adobe Systems will lay off 680 staff, or 9 percent of its workforce, in its latest move to cut costs, the company confirmed Tuesday.
Microsoft lays off more employees while executives still rake in the dough
Microsoft lays off more employees while executives still rake in the dough
Ethernet switch vendor making changes
Ethernet switch vendor Extreme Networks is replacing its CEO and laying off 70 employees in an effort to quickly improve the company's bottom line and set it up to run profitably with lower revenues.
Sun is losing $US100 million per month, Oracle CEO Larry Ellison said last month
Sun Microsystems will lay off up to 3,000 workers over the next 12 months as Oracle awaits approval from European regulators for its acquisition of the company.
IT staff salaries and benefits continue to be the largest part of the IT operating budget
Companies trying to cut IT budgets are laying off staff and reducing compensation and benefits for remaining employees, new survey results show.
About 70 jobs will be cut
Citing tough economic times, security vendor Websense plans to trim 5 percent of its workforce.
One arrival to IT consulting says going solo is emotionally satisfying
There are signs that an increasing number of people who have been forced out of their jobs are starting their own businesses.
The layoffs come as Oracle recently said it was pleased with its financial results in Europe
Oracle may lay off between 850 to 1,000 European employees, according to the French union CFDT.
The News Corp. social-networking unit will reduce its headcount abroad from 450 to about 150 employees
MySpace will slash its staff abroad and shutter several international offices, the News Corp. unit said on Tuesday, a week after announcing a big round of layoffs in the U.S.
The social-networking site is undergoing restructuring after losing its leadership position to Facebook
The restructuring continues at MySpace, whose staff will get cut by almost 30 percent, the News Corp. division announced Tuesday.
