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There's no doubt that Sony's smartphone division is struggling, and it sounds like that's about to exact a big toll on the company's workforce. Nikkei reports that Sony expects to cut 1,000 jobs in its mobile group, adding to the 1,000 layoffs it announced alongside its less-than-stellar summer ea...

January 27th 2015 at 10:28pm 0 Comments
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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...

July 17th 2014 at 8:16am 0 Comments
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Sony has hired management consulting firm Bain & Company to identify $100 million in cuts, Bloomberg reported. The cuts would reportedly include job losses, though how the cuts to the company's costs would divide out among its entertainment divisions is unknown. The report follows a second qua...

November 19th 2013 at 3:30pm 0 Comments
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It's not as if Toshiba's TV division has been totally silent recently, but it apparently hasn't been making enough noise to justify the continued employment of its full, 6,000-strong workforce. Although it's not quite ready to give up, the Japanese manufacturer is scaling back its TV operation hea...

September 30th 2013 at 3:45am 0 Comments
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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...

July 30th 2012 at 6:45am 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...

April 9th 2012 at 4:10am 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...

March 12th 2012 at 10:35am 0 Comments
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Nokia's wielding another axe to its operations, cleaving away a further 4,000 employees from its operations in Finland, Hungary and Mexico. It follows a shedding of roughly 10,000 employees and a troubled withdrawal from Romania as the company pushes more operations towards Asia in an attempt to co...

February 8th 2012 at 10:37am 0 Comments