job cuts

Stack Overflow cuts 28% of its staff

Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the

SoundCloud lays off 8% of staff as it aims to reach profitability this year

Music streaming platform SoundCloud has laid off 8% of its staff according to multiple reports. The fresh round of job cuts comes after the company laid off 20% of its employees last August. In a memo

Confirmed: Verizon will cut ~15% of AOL-Yahoo staff after merger closes

The proportion of jobs being made redundant across AOL and Yahoo is around 15 percent globally, we have confirmed with our sources. This shakes out to as many as 2,100 jobs being lost as part of the

Intel announces it’s slashing 12,000 jobs

Intel just announced it was slashing its workforce by 11 percent, calling it in all its corporate press-speak glory "a restructuring to accelerate its transformation." Sure. What it means in real h

Lackluster Forecasts, Declining Revenue, And Imminent Layoffs: A Rough Quarter For RIM

<img src="" /> Just because things are expected, doesn't mean they don't hurt. This is the case for Research In Motion (RIM), w

Microsoft Flight Simulator developers hit particularly hard by job cuts

<img src="" />The Microsoft-owned developers responsible for the <i>Microsoft Flight Simulator</i> series (and the upcoming <i>Micros

Microsoft cutting 1,400 jobs

<img src=""><a HREF="

Sony Ericsson workers face 2,000 job cuts

Mobile phone maker Sony Ericsson has announced they will be letting 2,000 workers go, as they try to regain market share. The company reported an operating loss of $3.1 million dollars for the second