A restructuring programme will see Aston Martin cull as many as 295 jobs (14 per cent of its total workforce) as the company seeks to get its head above water. The company…
Tag: Job Cuts
Microsoft confirms fresh round of layoffs
Satya Nadella has confirmed in an email to Microsoft employees that the company is eyeing fresh round of layoffs in a bid to curb costs amid lackluster demand for some of the…
EE planning to axe 350 administrative jobs
UK mobile operator EE is considering to axe around 350 administrative jobs as part of a revamping plan that will see a significant reduction in corporate positions at the mobile network. According…
Microsoft axes another 2,100 jobs in second round of layoffs
The software giant is axing 160 jobs in California, another 747 in the Seattle area with the rest to be spread across its global operations, a Microsoft spokesperson said.
Microsoft to announce second round of layoffs today?
The layoff is expected to happen today, September 18 and that it is believed that the job cuts would affect just about every group or division at the software giant.
Cisco takes the ‘tough decision’ to axe 6,000 jobs
The company is laying off 8% of its employees, just a year after it’s major restructuring that resulted in 4000 job cuts or 5% of its employees.
Apple thrashes Beats layoff rumours; says all employees offered a new job
Beats: Every single person is going through Apple orientation, they’re signing up for healthcare,
Apple-Beats deal to result in over 200 job cuts
The $3 billion acquisition deal announced in May is expected to close this quarter. Apple has promised to extend job offers to every Beats employee at least for a limited period of time.
Microsoft to bid farewell to 18,000 employees next year
The Nokia Division and Services will lose around 12,500 professional and factory workers by 30 June 2015.
Microsoft’s largest layoff ever to hit this Thursday
The layoff is said to substantially exceed the biggest job cuts ever at the Redmond in 2009, when former CEO Steve Ballmer axed more than 5,800, or about 6 percent of the total headcount.
Microsoft to downsize workforce
Sources claim that Microsoft might cull marketing and engineering positions.
Nintendo wraps up Großostheim headquarters, axes 130 jobs
European operation will move to the Frankfurt, Germany office, while Großostheim building and warehouse will be sold off.
Nike lays off majority of FuelBand team as it mulls exit from wearable hardware market
Nike has reportedly fired majority of FuelBand team as it is cutting down on its wearable hardware efforts to focus on fitness and sports software offerings. CNET was the first to report…
Intel to shutter Costa Rica plant; lays off 1,500 employees
Intel has announced that it is shutting down its assembly and test operation site in Costa Rica installed in 1998, resulting in 1,500 job cuts. The company’s latest move falls within a…
Leap Motion downsizes workforce by 10%
Leap Motion laid off 10 percent of employees, including high-ranking executives in its sales and marketing wing. The company, however, has retained the product, design and engineering teams and is also planning…