layoffs

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News

  • Reports: Yahoo plans more job cuts

    Yahoo may announce a new round of layoffs next week, the third one since early 2008 and the first staff-trimming under new CEO Carol Bartz, The New York Times and The Wall Street Journal are reporting.

  • Cisco 'could' announce 10% layoffs, analyst predicts

    Forecasting a significant drop in revenue for the fourth quarter, a J.P. Morgan analyst Tuesday reported that Cisco Systems Inc. "could" announce a 10% workforce reduction soon, equal to about 6,600 employees.

  • Qantas to shed 1750 staff

    Qantas has announced that it is to shed some 500 management positions as the economic crisis bites hard into its bottom line.

  • High-tech job cuts soar in Q1

    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.

  • Sun confirms 1,500 job cuts this week

    Sun Microsystems is laying off about 1,500 employees this week in a follow-up to a restructuring plan announced a few months ago, the company confirmed Monday.

  • IBM layoffs incite backlash

    IBM's news that it will shed some 5,000 North American jobs and potentially send more positions overseas has stirred up some bad sentiment toward Big Blue as the U.S. economy continues to languish.

  • Google lays off 200 in sales and marketing

    Proving that it is not immune to the economic downturn, Google plans to lay off 200 people, including 15 across Australia and New Zealand, in its sales and marketing group.

  • IBM confirms North America layoffs

    Amid reports that it is moving thousands of jobs from the US to India, IBM said Thursday it is notifying employees that some jobs are being eliminated.

  • Novell lays off 100 workers

    Open-source vendor Novell on Saturday confirmed reports that it had a layoff on Friday, though it said the layoffs were small and amounted to less than 3% of its workforce.

  • Anonymous postings give clues to where MS is cutting jobs

    Microsoft is laying off employees in the divisions that make its Zune music player , Microsoft Office software, and Live Search site, but not in the group preparing its Windows 7 operating system, according to anonymous postings Thursday by purported Microsoft employees.

  • Union: IBM layoff count nearing 3000 this week

    Microsoft and Sun Microsystems aren't the only top IT vendors laying off employees. IBM may have quietly let more than 2800 workers go, according to the Alliance@IBM union, which expects even more job cuts at the company.

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