layoffs

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  • Post-layoffs, Yahoo marketers focus on the important things -- logos for cube signage and screen savers!

    Posted December 17, 2010 - 6:25 pm

    The Yahoo leaks just keep a-comin'. The latest concerns an elaborate slide presentation on the company's "Corporate Identity." But it's not quite what you might think.
  • A glimpse of what's next to go at Yahoo

    Posted December 16, 2010 - 6:42 pm

    Just two days after Yahoo announced the layoff of 650 employees -- about 4 percent of its workforce -- another shoe appears to be dropping. And this one will land squarely on a number of web-based services that are familiar names to millions of Internet users.
  • Note to Yahoo: Layoffs aren't a turnaround strategy

    Posted December 14, 2010 - 7:29 pm

    Even as employees handed pink slips by Yahoo on Tuesday leaked out news of the mass layoffs via social networks, the company for much of the day refused to confirm to the outside world what everyone knew was happening.
  • Report: Yahoo to lay off 600-700 workers

    Posted December 14, 2010 - 9:57 am

    To the surprise of absolutely no one, Yahoo will lay off between 600 and 700 employees, perhaps as early as Tuesday. This represents about 5 percent of the struggling Internet company's total workforce of 14,100.
  • Yahoo denies rumors it will lay off 20% of workforce

    Posted November 11, 2010 - 9:09 pm

    A late-afternoon post over at TechCrunch by founder Michael Arrington claims that sources have told the online technology news site that Yahoo is laying the groundwork for a 20 percent reduction in its staff of 14,100 employees:
  • Laid-off Cisco workers undoubtedly thrilled for company's shareholders over planned dividend

    Posted September 15, 2010 - 1:35 pm

    Let me just start by acknowledging that public corporations clearly have a responsibility to their shareholders. No argument there; it's right in any corporation's charter. I get it.
  • Oracle may cut up to 1,000 European jobs, union says

    Posted July 3, 2009 - 9:49 am

    Oracle may lay off between 850 to 1,000 European employees, according to the French union CFDT.
  • Unemployment Hammers Younger Workers

    Posted June 22, 2009 - 10:30 am

    Employment experts agree that record unemployment is affecting all age demographics. But data from the U.S. Bureau of Labor Statistics indicates that some age groups are being hit harder by unemployment than others. In fact, workers age 25 to 34 may be bearing the brunt of layoffs and hiring freezes.
  • IT job market update: Hiring stalled, salaries slashed

    Posted June 16, 2009 - 8:39 pm

    Cost-containment remains a primary concern for many IT decision makers, which means IT pros still face salary reductions, potential layoffs and lengthy unemployment stints, according to recent survey data.
  • Laid-off sysadmin admits blackmailing mutual fund company

    Posted April 28, 2009 - 8:46 pm

    A systems administrator pleaded guilty in a federal court Monday to charges that he tried to extort an undisclosed amount of money and even good job references out of a New York-based mutual fund company that had just laid him off.
  • Nokia cuts staff, refocuses its services push

    Posted April 28, 2009 - 2:42 pm

    Nokia will layoff 450 employees and allow developers to create mobile applications as the company responds to a mobile phone sales decrease.
  • Plant Closings, Layoffs Means Heavy Lifting for IT Departments

    Posted April 27, 2009 - 11:03 am

    Across the nation, offices are being consolidated, plants shut, employees let go. Such maneuvers, of course, are intended to save money. But achieving lasting results can take months of work performed largely by the IT staff -- a behind-the-scenes scramble that is often underestimated by others inside and outside the company. It's not as if the press release and pink slips go out and savings pour in.
  • Sony Ericsson to cut another 2,000 workers

    Posted April 17, 2009 - 2:44 pm

    Sony Ericsson plans to lay off another 2,000 workers after revealing a 35 percent drop in shipments in the first quarter.
  • Reports: Yahoo plans more job cuts

    Posted April 15, 2009 - 11:03 am

    Yahoo could announce another round of layoffs next week, the third one since early 2008, according to published reports.
  • High-tech job cuts soar in Q1

    Posted April 6, 2009 - 5:13 pm

    The U.S. technology sector suffered 84,217 job cuts in the first quarter, according to Challenger, Gray & Christmas, which reported the figure is a 27% increase over the previous quarter and the largest total since the end of 2002.
  • Layoff effect: Are you doing more with less? Survey says no.

    Posted March 30, 2009 - 2:13 pm

    Are you being asked to do more in the wake of layoffs of co-workers? If so, are you actually doing more?
  • Layoffs leave orphaned hardware, unused software licenses

    Posted March 11, 2009 - 9:22 am

    The question of what to do with unused IT equipment is a rapidly growing problem for many companies hit by the recession and the accompanying layoffs. Countless desktops, laptops, servers and handheld devices are lying around -- often with sensitive data on them -- gathering dust in cubicles, in stockrooms or on vacant desks. At the same time, software licenses, notoriously easy to lose track of, are also piling up.
  • The CEO and the layoff decision

    Posted February 26, 2009 - 4:59 pm

    Layoffs are not the final throw of the dice; rather, they are a means of streamlining operations and 'rightsizing' rather than 'downsizing'.
  • Nokia cuts R&D staff in response to sales slump

    Posted February 11, 2009 - 9:50 am

    Nokia is closing its R&D site in Jyväskylä, Finland. In the process about 320 employees will be laid off.
  • Tech layoffs: The real numbers aren't so bad

    Posted February 11, 2009 - 9:31 am

    From the constant drip of tech industry layoff announcements, you'd think huge numbers of IT workers would be out on the street. And certainly Cisco, Dell, Hewlett-Packard, IBM, Intel, Oracle, SAP, Sun, and others have announced thousands of layoffs. But the numbers they report don't reflect actual people losing their jobs, so the real tally of tech workers who have found themselves jobless is significantly smaller than you'd think.
  • IT faces tough start to 2009

    Posted January 8, 2009 - 6:13 pm

    Cost cuts from EMC, Lenovo and others, and earnings warnings from Intel and Time Warner, are putting a damper on the 2009 outlook for IT.
  • EMC to lay off 2,400

    Posted January 7, 2009 - 10:49 pm

    Despite expecting to meet revenue estimates for its fourth quarter, EMC said on Wednesday that it is instituting a restructuring program that includes laying off 2,400 people.
  • Lenovo to lay off 2,500 staff, cut management pay

    Posted January 7, 2009 - 10:46 pm

    Amid growing fears that many countries face a long and painful economic recession, Lenovo plans to lay off 2,500 workers, cut the salaries of its executives and restructure its Asian operations in an attempt to weather the downturn, the company said Thursday.
  • Microsoft layoff rumors continue their swirl

    Posted January 6, 2009 - 10:29 am

    The on-again, off-again rumors of layoffs at Microsoft appear to be off again after CNBC reported that the company would not have layoffs ahead of its January earnings report.
  • 'Tis the season for layoffs, firm reports

    Posted December 3, 2008 - 4:26 pm

    In the largest monthly layoff toll since January 2002, U.S. companies cut 181,671 jobs in November, a 61% increase over October, according to research released Wednesday.
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