For a while now, it’s been rumored that Microsoft was planning a massive internal restructuring that would turn it into a devices and services company. What that means is that Microsoft would be more like Apple in that it creates…
Microsoft Restructuring Plan Could be Unveiled on Thursday
Earlier this month, Microsoft’s Don Mattrick, president of the Xbox division, left the company to become the CEO of struggling mobile game developer Zynga. The move was quite sudden, with Microsoft left leaving CEO Steve Ballmer in charge of this…
Hewlett-Packard to Cut 2,000 More Jobs Than Previously Stated
Hewlett-Packard (HP) announced today that it would cut 2,000 more jobs than it originally reported back in May. This brings the total planned layoffs up to 29,000 by the end of fiscal year 2014. According to a Bloomberg report, a…
Google Axes Motorola Mobility Branch In Israel
Google announced last week via SEC form 8K that it would be eliminating 4,000 jobs from the recently acquired Motorola Mobility, and close a third (about 30) of its facilities. “These changes are designed to return Motorola’s mobile devices unit…
HP to Report Quarterly Loss of Over $8 billion
HP hinted today that it expects to report the third quarter of 2012 as its largest-ever quarterly loss. The losses, which total more than $8 billion, are the affect of a restructuring program and a services goodwill impairment charge of…
RIM Trims the Fat with Substantial Job Cuts as they Struggle to Stay in Business
Research in Motion (RIM) has been struggling for awhile, and has definitely lost its foothold in the marketplace giving way to increasingly popular iOS and Android devices. While their BlackBerry line was once considered an enterprise communication standard, they are…