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Microsoft today announced that it's cutting 18,000 jobs, the biggest round of layoffs in its history, as part of ongoing restructuring efforts. In a release, the company says that Nokia's Devices and Services business, which it acquired for $5 billion last year, will be most affected, with 12,500

5 months ago 0 Comments
July 17, 2014 at 8:16AM
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Having already pulled out of Brazil and shut down a research building in North Carolina, HTC has now closed its office in the South Korean capital of Seoul. The move is part of the Taiwanese manufacturer's efforts to \"streamline operations\" and focus on selling One-branded handsets in markets wher

2 years ago 0 Comments
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There have been some major adjustments at Sony HQ already, but Japanese business sheet Nikkei reckons they're nothing compared to what's on the horizon. It reports that, come an announcement on April 12th, Kaz Hirai will reveal plans to clear out 10,000 jobs by the end of this year -- that's six per

2 years ago 0 Comments
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If you thought Nokia had finished its program of slimming down, think again. The axe is being wielded on Nokia Money as the company seeks to reinvent itself as a lean'n'mean mobile player. The mobile payments and cash management service was launched in India late last year, but both complex financ

2 years ago 0 Comments
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Motorola was already in the hurt locker well before this latest economic crapstorm went into overdrive, so it stands to reason that pennies are being pinched and belts are being tightened across the board out in Schaumburg. 'Course, all sorts of jobs have already been cut, so what else can you do? F

6 years ago 0 Comments
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Recognizing that its first round of 3,500 job cuts wasn't enough to bring it back into the black, Moto has announced -- as expected -- a second round of layoffs to the tune of 4,000 axed positions. Ultimately, the company expects to save $600 million from the new cuts after they've been bunched in w

7 years ago 0 Comments