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Yahoo! to clip divisions, lay off 400
News In addition, the company will lay off 400 employees, or 13 percent of its work force. Yahoo! offered details of its long-awaited turnaround strategy on Thursday, hinging its future on advertising, exclusive paid content and revenue-sharing deals...
[November 16, 2001, 9:15]
Sony Ericsson to lay off 2,000 more workers
News Sony Ericsson plans to lay off a further 2,000 employees, in the wake of deeper quarterly financial losses. Sony Ericsson estimates it will lay out €200m in restructuring charges associated with the latest reduction in headcount.
[April 17, 2009, 14:19]
AMD to lay off 200
News Advanced Micro Devices will lay off about 200 employees over the next 60 days. The chipmaker notified the employees, all workers at its Fab 25 manufacturing plant in Austin, Texas, this week, a company spokesman confirmed on Friday.
[May 11, 2002, 7:02]
eBay to lay off 10pc of its workforce
News eBay will lay off about 10 percent of its workforce, the company announced on Monday, and said third-quarter results will come in at the low end of expectations. The company also announced plans to acquire online payments business Bill Me Later for...
[October 7, 2008, 10:11]
Gateway to lay off up to 25 percent
News Gateway will lay off up to 4,600 workers worldwide, pull out of several Asian markets and post a third-quarter loss, the company said on Tuesday. The company will immediately close its company-owned operations in Malaysia, Singapore, Japan...
[August 29, 2001, 8:34]
Nokia to lay off 1,700 workers
News Nokia is to lay off approximately 1,700 staff around the globe, the handset manufacturer said on Tuesday. In a statement, Nokia said staff would be laid off in its devices and markets units, as well as in its corporate-development office and global...
[March 17, 2009, 14:05]
Ericsson to lay off 5,000 workers
News The telecoms infrastructure firm Ericsson is to lay off 5,000 workers, after its results for the fourth quarter of 2008 showed a 31 percent year-on-year drop in profits. According to Wednesday's results statement, the 5,000 laid-off workers will...
[January 21, 2009, 11:56]
Under pressure, Packard Bell to lay off 20 percent of staff
News Packard Bell will lay off 20 percent of its U.S.work force by the end of the year, the company said Thursday. A division of NEC, Packard Bell said the cuts would stretch across all areas of operation, resulting in between 750 and 1,000 jobs being...
[October 9, 1998, 14:31]
News Burst: Amazon to lay off two percent of workers
News Amazon.com will lay off 150 workers as part of an internal reorganisation, Dow Jones reported. The layoffs represent around 2 percent of the company's work force. The company said the changes were not related to Christmas and New Year sales or...
[January 28, 2000, 15:06]
Nvidia to lay off 360 workers
News Nvidia has announced it is to shed around 360 of its staff, approximately 6.5 percent of the graphics hardware company's global workforce. The cuts were announced on Thursday and are expected to be completed by 26 October.
[September 19, 2008, 15:48]
Bouncing back from a lay-off in a tough job market
News I've been laid off before. Just ask Rand McLaughlin, a 20-year Jacksonville, FL, IT pro who was recently laid off from his job with Blue Cross Blue Shield of Florida. If a great job doesn't come your way quickly, there are plenty of ways you can...
[March 22, 2002, 17:12]
Dell to lay off 4,000 more staff
News In addition, the company will require most employees to take unpaid time off in the second quarter, similar to moves already made by Hewlett-Packard and Sun Microystems. Thousands more jobs to go at computer manufacturer
[May 8, 2001, 7:31]
E-envoy tells government to lay off the Net
News The UK's e-envoy Alex Allan warns the government not to interfere in the knowledge economy as he claims the Internet could be its closest political ally. Allan's comments come in a keynote speech made in Washington Tuesday as part of his first US...
[June 28, 2000, 12:18]
AST Europe to cut half staff, focus on notebooks
News The firm has confirmed rumours that it is to lay off about 50 per cent of its European workforce and will focus on notebook PCs with the aim of regaining profitability. AST to lay off 37 per cent of staff
[February 2, 1998, 14:22]
Reports: HP to cut 840 jobs in Scotland
News HP is to lay off hundreds of workers at its manufacturing plant in Erskine, Scotland, according to reports. The company said, however, that it intended to lay off two percent of its workforce — around 6,400 people — in the face of the global...
[May 28, 2009, 15:09]
Sun warns of layoffs, earnings shortfall
News Sun Microsystems said Friday that it will lay off 9 percent of its workforce and that its first-quarter results will miss estimates. Analysts had been speculating that the company would lay off workers.
[October 5, 2001, 15:18]
Linux start-up lays off employees
News Mission Critical Linux, which once hoped to lead a second, more mature generation of Linux companies, was forced to lay off 90 percent of its staff after unsuccessful attempts to attract a buyer. But that fell apart, and in the meantime the offer...
[March 7, 2002, 12:04]
HP putting 4,000 contractors in limbo
News In an effort to cut costs, Hewlett-Packard plans to lay off 4,000 contract workers this summer in its information technology department and may let many workers go entirely. Currid said there is no specific target number of contractors to be cut...
[June 21, 2002, 10:54]
Gateway closes US retail doors
News Gateway, which does not distribute in Europe, announced on Thursday that it will close its retail stores next week and lay off about 2,500 employees associated with the shops, or nearly 40 percent of its work force.
[April 2, 2004, 11:35]
HP to miss targets and cut 3,000 jobs
News HP also said it would lay off up to 3,000 people in management positions as part of broader cost-cutting moves. Earlier this year, HP announced plans to lay off 1,700 employees in marketing jobs. The figures include a $150m charge to write off...
[April 18, 2001, 14:53]
