Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a
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
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
In a filing this week, connected speaker maker Sonos noted plans to cut 12% of its workforce, in addition to closing some of its smaller offices and its garish showroom in Manhattan’s Soho neighborh
VMware is acquiring network security firm Lastline, TechCrunch has learned. Since its launch in 2012, Lastline raised about $52.2 million, according to Crunchbase. Investors include Thomvest Ventures,
Rhapsody International today announced that it would be taking a "significant", yet undisclosed, investment from Columbus Nova Technology Partners and Rhapsody president Jon Irwin will step down. More
AOL CEO Tim Armstrong held another conference call for Patch employees today, and after what was likely the worst week to be working at the hyper-local news venture following the previous all-hands ca
Layoffs at Waterloo-based smartphone industry pioneer BlackBerry cut deep last year, with around 5,000 employees being let go. Those cuts continue into 2013 as BlackBerry undergoes what CEO Thorsten H
In line with <a HREF="https://techcrunch.com/tag/RIM">RIM's</a> planned "cost optimization program," the company is moving a number of executives into positions of greater power and will lay off 2,000
Put two and two together people, and get WTF. Dell is laying off 700 of its 4,500 employees by June 2010 and now, for some odd reason, the Dell website is featuring laser mice for $4,000 and a Xeon E3
<img src="http://www.crunchgear.com/wp-content/uploads/2009/03/tea-party-protest-thumb-500x375.jpg">Populist outrage in 3...2...1. IBM is laying off 5,000 U.S. employees and "building its work force i
So the rumors were correct. Apple laid off 50 folks in enterprise sales. The rumors that it was a major lay-off were untrue and anything larger than about 50 would have required them to file a Worker
Rumors are coming out of Apple that corporate sales folks will be laid off today. Considering there are very few corporate offerings in the Apple portfolio, it’s not surprising they’re clo
<img src="http://www.crunchgear.com/wp-content/uploads/2009/02/tomy_robot_i_sobot.jpg" />
Today is a sad day for gadget lovers. Japanese toy maker <a href="http://www.tomy-usa.com">Tomy</a> is pullin
<img src="http://www.crunchgear.com/wp-content/uploads/2009/01/bluemonstertwo.jpg">The poor bastard who got a tattoo of the motivational "Blue Monster" <a href="http://blogs.technet.com/danwoodman/arc
Palm is laying off an undetermined number of its 1,050 workers this week in an effort to stem the effects of the economy and Palm’s decreasing smartphone market share. While it’s not a sho