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It's already laid off thousands of employees and undertaken a number of other drastic cost-cutting measures, but it looks like Sony isn't quite done with the belt tightening just yet, with the company now announcing that it'll be freezing workers' salaries for the financial year starting next month....

March 19th 2009 at 1:08pm 0 Comments
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No longer content to sit on the sideline while companies like Logitech and Creative get all the press, Lenovo, Dell and TDK are all "restructuring." And you know what that means. Lenovo: cutting 11 percent of its work force. Dell: cutting 1,900 jobs, closing its plant in Limerick. TDK: cutting 8,00...

January 9th 2009 at 8:45am 0 Comments
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Sony already announced some pretty significant layoffs and other cost-cutting measures last month, but it looks like the company could be set to take things even further, with the Times of London now reporting that some major factory and division closings could also be in the offing as early as nex...

January 5th 2009 at 5:37pm 0 Comments
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In a series of events meant to stir things up at a company that many analysts have already written of as dead, Vonage CEO Michael Snyder has resigned on the same day that the pioneering VoIP provider announced a series of cost-cutting maneuvers, including operations consolidation, a reduction in ma...

April 12th 2007 at 11:25am 0 Comments
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PC subscription gaming service GameTap has dropped its monthly fee from $14.95 to $9.95 and announced a GameTap TV expansion that will offer "a new broadband video streaming network" for games- and non-games-related programming.The GameTap TV feature will include separate channels dedicate...

March 29th 2006 at 11:37pm 0 Comments