Things aren’t looking so pretty at Sony Ericsson as the handset maker a little while ago posted its fourth-quarter earnings showing a loss of $270 million, pre-tax. Of course, this should come as no surprise to anyone since SE’s earnings…
It looks like Verizon has finally figured out what it’s going to do with the Alltel employees that it picked up during its acquisition of the company: give them the axe. More specifically, Verizon is cutting an unspecified number of…
As Finnish cell phone giant Nokia continues to cut costs in an effort to combat declining demand, the company recently told Reuters it would shed an additional 490 jobs in the near future. 170 employees from Nokia’s logistics, production management…
The heat is on and Nokia appears to be feeling the burn as much as the next company as it has just announced a new round of cost-cutting measures that will go into effect next week. The Finnish handset manufacturer…
As MWC draws closer mobile fans around the world wait in anticipation as mobile companies prepare some of their biggest announcements of the year. Leading up to MWC, news coming from manufacturers is historically positive – a taste of things…
Rumors surrounding Microsoft’s poor performance and impending layoffs have been swarming recently and as the predicted date of said layoff announcement came and went, many wondered if employees of the Redmond-based giant were clear or danger. Unfortunately, that is not…
Rumors have been flying lately and the tip emails won’t stop – now Motorola’s plans to undergo a significant workforce reduction have been confirmed by the Chicago Tribune. When all is said and done this year, Motorola will have laid…
As we near the end of 2008 and approach the holiday season, layoffs get harder and harder to swallow. No one wants to close out the year with workforce cuts but sometimes it’s just inevitable. Such is the case with…
It looks like Sprint’s Voluntary Separation Probgram (VSP) we scooped last month didn’t quite have the impact the company had hoped for. Surprising that employees didn’t jump at the opportunity to leave their jobs as the unemployment rate in this…
In a bit of somber Monday morning news, it appears as if Yahoo is going to proceed with its planned end of the year layoffs which are expected to occur on Wednesday. Originally announced by Jerry Yang on October 21st…
In a press release this morning, AT&T announced that it plans to cut 4% of its workforce, amounting to approximately 12,000 jobs, beginning this month. While this news might not come as a surprise – it’s hard to be surprised…
Regardless of how large, powerful and influential a company is, no one is recession-proof. Internet search giant Google has been laying off employees since this summer, and it has been doing so under the news radar for the most part.…
It isn’t new news that the worsening economy has resulted in layoffs and it now looks like Palm will be falling victim to the increasingly declining consumer product environment. In an effort to keep afloat, Palm Infocenter says the the…
