Microsoft Announces 7,800 Job Cuts from Phone Division

Microsoft has announced that it will cut up to 7,800 jobs, mostly in the company’s phone hardware business. The company is also writing off $7.6 billion related to its acquisition of Nokia’s phone business despite only spending $7.2 billion to…

IBM Denies Rumors of Huge Layoffs

IBM will be cutting jobs – that’s not up in the air. The company announced this in its latest earnings report. But just how many jobs will be lost? IBM is flatly refuting recent reports that it plans to lay…

Microsoft Initiates Another Round Of Layoffs

Microsoft announced a couple months ago that it would reduce its overall workforce by up to 18,000 jobs over the course of the next year, and that of those, 12,500 would be related to its acquisition of Nokia assets. The…

Macworld Ends Print Publication, Reduces Staff

News broke today that the print version of Macworld is being shut down as IDG laid off most of the staff. The online version will continue, but also with a reduced staff. The news emerged from tweets by staff, which…

Cisco Cuts 6,000 Jobs As It Reports Better Than Expected Earnings

Cisco announced on Wednesday that it will cut about 6,000 jobs or 8% of its total workforce. The news came as the company reported its earnings for its fourth quarter and fiscal year 2014, beating Wall Street estimates. Chairman and…

Microsoft To Eliminate Xbox Entertainment Studios

As you may know, Microsoft announced that it is cutting 18,000 jobs over the next year, starting with 13,000 over the next six months. One casualty of the company’s restructuring is Xbox Entertainment Studios, a segment founded in 2012 to…

Microsoft Is Officially Cutting 18,000 Jobs

It’s been rumored that Microsoft would be cutting some jobs – specifically some from its acquisition of Nokia assets. Now, official word from the company on the matter is out. CEO Satya Nadella said in an email to employees, which…

Sony To Shut Down 20 Of Its U.S. Retail Stores

Electronics giants operating their own retail stores has always been a weird proposition. Apple made it work by offering a retail experience that you just can’t find anywhere else, but others haven’t been so successful. Sony is one of those…

Disney Layoffs: Hundreds Expected To Be Axed

Disney Interactive, the video game and digital media subsidiary of The Walt Disney Co., will soon layoff “several hundred” of its employees from a total staff of about 3000, according to the Wall Street Journal. The cuts are expected to be announced…

Dell Layoffs Confirmed; Numbers Smaller than Rumored

Earlier last month, reports leaked stating that Dell was preparing to layoff a massive amount of its workers worldwide. The Register, a British technology website, stated on January 9th that Dell would layoff 20% of its U.S.-based sales members, while…