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After cutting its workforce by around 18,000 over the past year, Microsoft is readying another round of heavy layoffs. The company will cut 7,800 jobs over "the next several months." Many of the dismissals will come from Microsoft's phone business, which joined the company's newly formed "Windows...

July 8th 2015 at 9:21am 0 Comments
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AllThingsD and CNET are reporting that 30 percent of AMD's workforce could be laid off, though one of several unnamed sources notes the cuts could be as low as 10 percent. If these reports hold true, this would be the second round of layoffs for AMD within a year's time. The reductions will report...

October 12th 2012 at 8:20pm 0 Comments
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Of its nine factories around the world, Nokia has just one in its home country -- the only one left in all of Western Europe -- in the town of Salo. As you can imagine, its well-being is probably a pretty touchy subject, not just for locals but for Nokia fans around the world -- especially when you...

December 17th 2009 at 10:44am 0 Comments
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VUDU's been doing its darnedest of late to keep up with the slew of rivals looking to steal away every piece of market share they can, and a recent report over at CEPro sheds a little light onto how the company plans to both stay afloat and take off. As with most every other outfit, VUDU has also s...

January 27th 2009 at 3:17pm 0 Comments
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My, my -- how's this for truth in advertising? Palm InfoCenter has confirmed with a Palm spokesperson that the flagging outfit will be laying off an undisclosed amount of employees as the economy worsens and the firm attempts to keep that final nail from being slammed down on its coffin. According...

November 21st 2008 at 11:03pm 0 Comments
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My, my -- how's this for truth in advertising? Palm InfoCenter has confirmed with a Palm spokesperson that the flagging outfit will be laying off an undisclosed amount of employees as the economy worsens and the firm attempts to keep that final nail from being slammed down on its coffin. According...

November 21st 2008 at 7:13pm 0 Comments
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Ugh, this is just downright depressing no matter how you spin it. Sure, it's just the reality of business and all, but it's no fun to hear that 270 staffers will soon be looking for employment when UIQ Technology finishes climbing into the grave. After hacking 200 jobs in June and being coined "dead...

November 7th 2008 at 4:42pm 0 Comments
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According to unnamed industry sources, SanDisk is primed to fire up to 15% of its staff, which would amount to around 450 to 500 employees. The purported cuts will be made as the company downsizes in order to cut costs, hot on the heels of a $155 million Q3 loss and sales that have sunk by 21% year...

November 6th 2008 at 10:15am 0 Comments
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As the flagging economy wreaks havoc on just about every mega-corp out there, the latest to publicly admit to being affected is Pioneer. After posting a rather significant loss earlier this year, the company is now guiding to a wider-than-forecast net loss of ¥78 billion ($789.9 million) for th...

November 3rd 2008 at 4:35pm 0 Comments
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As the flagging economy wreaks havoc on just about every mega-corp out there, the latest to publicly admit to being affected is Pioneer. After posting a rather significant loss earlier this year, the company is now guiding to a wider-than-forecast net loss of ¥78 billion ($789.9 million) for th...

November 3rd 2008 at 4:35pm 0 Comments
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Germany wanted $6.2 million in research subsidies back from Nokia, and in addition to the "tens of millions" that the company has already relinquished after the highly-disputed Bochum plant closing, it'll be coughing up another €1.3 million ($2.04 million) to hopefully close the door on the mat...

July 28th 2008 at 10:24am 0 Comments
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Germany wanted $6.2 million in research subsidies back from Nokia, and in addition to the "tens of millions" that the company has already relinquished after the highly-disputed Bochum plant closing, it'll be coughing up another €1.3 million ($2.04 million) to hopefully close the door on the mat...

July 28th 2008 at 10:24am 0 Comments