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Articles about layoffs

Microsoft plans to merge Office Live and Windows Live

by Heather Wood on Jan 23, 2009 at 07:04 PM

Today, Microsoft has announced the merger of Office Live and Windows Live.  Instead of offering the applications as two different programs, consumers will have the ability to access both sets of services from one web location.  Office Live is a collection of services appealing to small businesses and are designed… Continue Reading »

Yahoo freezes salaries as part of recession recovery plan

by Heather Wood on Jan 23, 2009 at 05:04 PM

Last week, Google announced the cutting of several positions as well as the closing of numerous applications.  This week, Yahoo pronounced that it too will need to take major steps in order to get through the worldwide economic crisis. To start, the Internet giant plans to freeze all employees’ salary… Continue Reading »

Microsoft follows Google, announces job cuts

by Iyaz Akhtar on Jan 22, 2009 at 01:26 PM

Up to 5,000 Microsoft jobs are about to be history.  When Google and Microsoft can’t afford to keep people employed, you know the economy is in the tank.  Microsoft has never had to let go of people in this manner before in its entire history.  These job cuts are companywide—no… Continue Reading »

Logitech is the newest victim of the downturned economy

by Heather Wood on Jan 20, 2009 at 02:10 PM

Logitech is the latest company to announce that it’s financially flailing due to the downturned economy.  On Monday, the popular tech retailer announced that they need to cut as many as 600 jobs in order to keep afloat during the potentially challenging months ahead. Logitech announced its third quarterly net… Continue Reading »

Motorola handset layoffs coming, company to focus on Android development

by Heather Wood on Jan 12, 2009 at 11:08 AM

What a way to start the new year.  It is expected that the handset division of Motorola will suffer major layoffs this week, as high as an astounding 50 percent of the total handset operation.  Moreover, Motorola will not have a booth at this year’s CTIA, the biggest wireless trade… Continue Reading »

Sun reports horror story first quarter

by Shawn Ingram on Oct 31, 2008 at 07:00 AM

Sun Microsystems announced a horrific quarter yesterday—a loss for what is now the third quarter in a row.  This past quarter resulted in a net loss of $1.68 billion, with a revenue of $2.99 billion.  The same quarter last year had a net income of $89 million, and a $3.22… Continue Reading »

Yahoo to announce layoffs

by Sue Walsh on Oct 20, 2008 at 08:04 AM

Sources have revealed to the Wall Street Journal that Yahoo! will announce layoffs when they reveal their quarterly earnings tomorrow.  The exact number of jobs affected isn’t know but is estimated to be at least 1,000.  The move isn’t much of a surprise, however.  Last month they hired a consulting… Continue Reading »

AT&T to cut 1.5% of workforce in effort to streamline operations

by Arnold Zafra on Apr 20, 2008 at 05:12 PM

The current economic conditions have begun to take its toll on US companies. Among them is AT&T, which is in the process of cutting 1.5-percent of their workforce. This news was revealed by a ruling filed with the Securities and Exchange Commission. AT&T employees who will be hit by the… Continue Reading »

Sprint to close 125 stores, cut 4,000 jobs

by Sue Walsh on Jan 22, 2008 at 07:33 AM

Sprint Nextel has announced that it will close 125 of its retail stores, eliminate over 4,000 3rd party distribution points, and cut 4,000 jobs. Company officials say they expect the cuts to be complete by June. The job cuts affect most departments, including sales, marketing, product and development, network, information… Continue Reading »

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