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Finland-based Nokia has just announced that they will cut 1,700 jobs in the corporate development and global functions departments. These cuts will equal about 1 percent of Nokia's entire workforce, and are more than double in number than earlier reports suggested. The company says that the cuts a

5 years ago 0 Comments
March 17, 2009 at 11:34AM
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Yet another company has succumbed to making tough choices in the face of a rough economy, as Vodafone is reportedly preparing to lay off \"hundreds\" of workers in Britain. The report stated that the cuts could come as soon as this week, and while there was no definite number given as to how many of i

5 years ago 0 Comments
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Details are starting to flow in regarding those 4,000 job cuts that Motorola announced in January, and evidently a thousand of 'em are coming from a single Chinese facility. According to the People's Daily Online, 1,000 Moto workers are being dismissed, and every last one of 'em are from the researc

5 years ago 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

5 years ago 0 Comments
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The words \"job security\" and \"Motorola\" haven't coexisted in a non-sarcastic manner for quite some time, and things just seem to be deteriorating by the day. Not even two full months after the flagging company announced that 3,000 employees would be sent packing, a new Reuters report has it that the

5 years ago 0 Comments
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Apparently the fear of snapping up another job after ditching the green fields of Tesla Motors isn't on Darryl Siry's mind, as the SVP of Marketing and Sales has publicly admitted to leaving the company over \"disagreements in strategy.\" The news comes but 1.5 months after Elon Musk made himself CEO

6 years ago 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

6 years ago 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

6 years ago 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

6 years ago 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

6 years ago 0 Comments
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It's hard to say if Amazon's recent fire sale of the Dash Express was an indicator of all this, but Dash is making some serious changes, regardless. Reportedly, the outfit has slashed 50 employees -- or around two-thirds of its workforce -- which will leave 30 workers who will operate primarily in

6 years ago 0 Comments
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Okay, so we're kidding. Sort of. Believe it or not, Audiovox actually was a very minor player in the LCD flat-panel industry, but no more. In an effort to counter \"what is shaping up to be the worst economy in decades,\" CEO Patrick Lavelle decided to pull the plug on the LCD business and show 8% of

6 years ago 0 Comments