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Articles about layoffs

Microsoft gives out 3,000 pink slips in their second wave of job cuts

by Heather Wood on May 6, 2009 at 04:07 PM

Yesterday, Microsoft let go more than 3,000 of its staff, almost double the amount that it laid off during their first wave of job cuts back in January.  During that time, Microsoft had said that they planned to lay off 5,000 employees in order to stay afloat during the recession. … Continue Reading »

Report states more than 84,000 tech jobs were lost last quarter

by Heather Wood on Apr 7, 2009 at 01:14 PM

A new report from the outplacement firm Challenger, Gray & Christmas has released figures that show that 84,217 people were laid off from the tech sector last quarter.  This figure is five times the amount that was reported the previous year.  The layoffs were also up 27 percent from the… Continue Reading »

IBM to lay off more workers in their US based operations

by Heather Wood on Mar 25, 2009 at 07:32 PM

According to the Wall Street Journal, IBM will be sending out another slew of pink slips, this time targeting their global business services department.  The IBM employees’ union sent out a warning to workers that the layoffs are expected to be handed down as early as tomorrow.  This latest round… Continue Reading »

Sony executives no longer being held in plant

by Iyaz Akhtar on Mar 13, 2009 at 09:01 AM

Sony executives who were being held by workers in France have been released.  The workers were upset about the closing of their plant.  The head of human resources, Roland Bentz, and CEO of Sony France, Serge Foucher, were being held because the workers were unhappy with Sony’s severance package.  The… Continue Reading »

AOL employees get pink slips

by Sue Walsh on Mar 11, 2009 at 05:15 PM

Beginning yesterday, AOL employees based at the company’s Virginia headquarters began receiving emails telling them their presence was required at an important meeting today.  Once they arrived, they were fired. The company is making good on its announcement in January that it would lay off 700 employees, blaming a weakening… Continue Reading »

More doom and gloom from Panasonic and Best Buy

by Chris Shore on Jan 29, 2009 at 06:25 PM

The global economic crisis continues to cause job loss throughout the world.  Panasonic announced it will cut 560 jobs in Asia, and Best Buy will layoff an undisclosed number of workers at its corporate office.  The announcements come on the tail of massive cuts on Monday by Texas Instruments and… Continue Reading »

AOL plans to let go 700 employees

by Heather Wood on Jan 29, 2009 at 12:25 PM

AOL has sent out a companywide e-mail to announce plans to lay off approximately 10 percent of its workforce.  The job cuts will continue through March and are part of the company’s recession survival plan.  Along with the job cuts, none of the current AOL employees will be receiving merit… Continue Reading »

Texas Instruments drops 3,400 employees

by Chris Shore on Jan 27, 2009 at 08:32 PM

Monday, January 26, 2009 may earn the name Black Monday as over 40,000 people were told they were losing their jobs as several large corporations cut labor forces in an increasingly weak economy.  Global technology company Texas Instruments was one of those companies, cutting 1,800 workers and 1,600 jobs that… Continue Reading »

WinMo to remain on Moto

by Iyaz Akhtar on Jan 26, 2009 at 10:25 PM

While it looked like Motorola was going to drop Windows Mobile support by letting go of 77 Windows Mobile developers, that’s not the case.  A Motorola spokesperson stated that Motorola will still back Windows Mobile.  Those future Android Moto phones will still have Windows Mobile company. The 77 weren’t the… Continue Reading »

The carnage continues: Vudu cuts 15%

by Iyaz Akhtar on Jan 26, 2009 at 08:57 PM

Every company is doing everything possible to survive.  Vudu just shed 15% of its people to stay afloat.  Vudu says that that most of the people cut were “brought on for Best Buy training.”  Well, they’re gone now. For those of you who are unfamiliar with Vudu, the company produces… Continue Reading »

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