layoffs

  • Microsoft Fires Another Set Of Employees, Continuing Its Announced Layoff Strategy

    Microsoft Fires Another Set Of Employees, Continuing Its Announced Layoff Strategy

    Microsoft took an axe to another slice of its employees today, cutting around 3,000 jobs according to Mary Jo Foley. TechCrunch heard through a separate source that the layoffs were imminent, but was not able to confirm their size. The company released a short statement indicating that it has nearly wrapped “all [of] the 18,000 reductions announced [it] in July.” Today’s… Read More

  • Yahoo Lays Off 400 Employees In India

    Yahoo Lays Off 400 Employees In India

    Just ahead of its Q3 earnings, Yahoo is laying people off in its international business. Specifically, it is downsizing its software development center in Bangalore, India. We understand that 400 people, mainly working in product engineering, have been affected. Yahoo has issued a statement to us confirming “consolidation” into fewer offices: “As we ensure that Yahoo is… Read More

  • Microsoft Lays Off 2,100 More Employees

    Microsoft Lays Off 2,100 More Employees

    As expected, Microsoft hit go on a number of layoffs today, letting 2,100 people go, including 747 people in the Seattle-Redmond area, where the company is headquartered. The firings come as a second wave of the layoffs that were previously announced. Out of 18,000 expected cuts, 13,000 were pulled off nearly immediately. Today’s 2,100 brings the total number to just over 15,000… Read More

  • Political Leaders Rebuke Microsoft’s Mass Layoffs

    Political Leaders Rebuke Microsoft’s Mass Layoffs

    Microsoft’s record layoffs have picked up negative attention from governmental authorities and leaders, even as the cuts have been largely welcomed by investors and the broader market. The software company accreted more than 20,000 employees when it acquired the majority of Nokia’s hardware assets. In the wake of that deal’s closing, Microsoft announced 18,000 cuts to its… Read More

  • Microsoft To Cut Workforce By 18,000 This Year, ‘Moving Now’ To Cut First 13,000

    Microsoft To Cut Workforce By 18,000 This Year, ‘Moving Now’ To Cut First 13,000

    Microsoft has announced major layoffs today as predicted, following a company email published by CEO Satya Nadella last week that signalled changes on the way. In a note published by the company from Nadella today, the CEO outlines how the changes will happen, with a total of 18,000 employees getting the axe over the course of the next year, with 12,500 of those coming out of the streamlining… Read More

  • Motorola Hiring For New Engineering Office In Waterloo – BlackBerry’s Loss Is Google’s Gain

    Motorola Hiring For New Engineering Office In Waterloo – BlackBerry’s Loss Is Google’s Gain

    Motorola is “ready to go on a hiring spree” in Waterloo, the home of BlackBerry HQ, according to a new report from the Financial Post. The Google-owned maker of smartphones already has an existing, small office in the heart of one of Canada’s most important tech hubs, but plans to build a proper, full-fledged engineering team in the area. Read More

  • Google’s Motorola To Cut 10% Of Workforce After Laying Off 20% Last Year

    Google’s Motorola To Cut 10% Of Workforce After Laying Off 20% Last Year

    After laying off 4,000 Motorola employees last year, representing around 20 percent of the total workforce, Google just announced that it would increase job cuts by a further 10 percent — now representing 1,200 people. The WSJ intercepted an internal email laying out the motivations behind this move. Read More

  • Time Inc. To Lay Off About 500

    Time Inc. To Lay Off About 500

    Another publisher, Time Inc., is laying off 6% or about 500 employees in an effort to streamline operations at the 21-title publishing house. The lay-offs came after a thorough examination by Bain & Co and, according to a memo by CEO Laura Lang. Read More

  • Japanese Hardware Layoffs Continue: Panasonic To Cut 10K More Workers In The Next 5 Months

    Japanese Hardware Layoffs Continue: Panasonic To Cut 10K More Workers In The Next 5 Months

    The Japanese consumer electronics industry continues to feel the squeeze in the economy, with mass layoffs of workers representing one of the more painful effects. In the latest development, Panasonic Corp. says it will reduce its workforce by 10,000 employees by the end of this fiscal year, which completes in March 2013. The company had already warned that it will post losses of $10 billion… Read More

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