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…
What’s this, you say? News of a major retailer doing better than expected despite the tough economic times? We know, we know. It’s hard to believe, but some folks are weathering the economy’s downturn better than the media would have…
It’s no secret that 2008 wasn’t kind to most major corporations around the world. Unfortunately, as the year-end reports have been trickling in over the last couple of days, we’ve gotten a healthy look at just how bad many of…
First things first: 1.9 million activations is nothing to scoff at. It’s a huge number, and represents AT&T and Apple’s unquestionable success in the smartphone arena. Including the 4th Quarter results, the company can claim 4.3 million total iPhone activations…
Contrary to popular belief, the mighty force that is the Google empire is not exactly recession proof. The company announced yesterday that it was laying off roughly 100 employees and making some pretty significant “alterations” to its product offerings. None…
Saturn’s slogan is now “Rethink”, but it’s beginning to look like the GM-owned automaker is taking that sentiment in a completely different direction. After making an effort to rebrand the Saturn line and produce a variety of attractive vehicles, General…
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.…
If you ran a very large company hurting a little in the midst of an economic crisis, what would you do? Well, Dell has the solution for all your woes and conundrums. Step one – encourage your employees to take…
If you thought breaking up over a text message was in bad taste, try empathizing with the Tesla employees who were just laid off… via a blog post! That’s right, 90% of the Tesla team in Metro Detroit were let…
You don’t need a fancy masters degree in economics from Oxford to know that America is in a recession; all you need to do is look at what electronics are selling the best and you’ll have a pretty good snap…
