Tag: Layoffs

StumbleUpon Reportedly Lays Off ‘Dozens’
StumbleUpon is reportedly reducing its staff from close to 100 employees to about 30. That is according to VentureBeat, which cites an anonymous source. Jordan Novet...
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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...
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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 rec...
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Microsoft Initiates Another Round Of Layoffs
Microsoft announced a couple months ago that it would reduce its overall workforce by...
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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 n...
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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...
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Microsoft To Eliminate Xbox Entertainment Studios
As you may know, Microsoft announced that it is cutting 18,000 jobs over the next yea...
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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....
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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,...
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Disney Layoffs: Hundreds Expected To Be Axed
Disney Interactive, the video game and digital media subsidiary of The Walt Disney Co., will soon...
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Dell Layoffs Confirmed; Numbers Smaller than Rumored
Earlier last month, reports leaked stating that Dell was preparing to layoff a massive amount of its w...
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Penney Store Closings And Job Cuts To Save Company $65 Million
This past Wednesday, J.C. Penney announced it would be closing down 33 stores...
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Macy’s Cuts Jobs Despite Successful Christmas Sales
Bad news for Macy's employees. The retailer anno...
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Pixar Layoffs Affect Nearly Five Percent Due to “The Good Dinosaur” Delay
Walt Disney Studio’s subunit, Pixar Animation Studios, has laid-off nearly five percent of its workforce due to delays of an impending film, “The Good Dinosaur.” Approximately 6...
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Acer CEO Resigns, Layoffs Announced
Acer is one of the top worldwide PC brands, but that hasn't insulated the company from the recent downturn in the PC market cau...
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