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Nokia announces layoffs with flowery language
Hiding behind a press release titled "Nokia continues its change and renews some of its activities," the woodsmen of Espoo are swinging a corporate axe of woe. In total, the mobile phone giant plans to cut something on the order of about 600 jobs in its Sales and Marketing, R&D, and global operations. Nothing compared to the cuts at Motorola but certainly unwelcome news for those affected.
Blackstar's future in jeopardy
Budget cuts. Layoffs. It seems a fairly common thing in the general news lately, and sadly, the MMO genre appears to be no less susceptible to the current hard times. News came down the wire yesterday that Spacetime Studios have been forced to release half of their staff -- and we imagine that this will cause the development of Blackstar to slow down accordingly. According to the Spacetime Studios blog, "[they] have been shopping Blackstar around but - right now, at least – the concept of a SciFi space/ground IP has proven to be a challenge. Our studio cannot survive at its current burn rate without a publishing deal..." Considering we've seen quite a few studios hit by either cutbacks or shutdowns in the last year, we're concerned by what this seemingly implies. With the current popularity of World of Warcraft and other MMOs; strong soon-to-be-published titles like Warhammer Online; and news of more and more titles coming out seemingly every other day (especially if you count the Asian market) it is a good time for MMOG players. On the other hand, the heavy market saturation means an extremely competitive market where some good ideas may sadly not find their way off the drawing board. The hope is that Spacetime Studios can find a publishing deal for Blackstar soon. We are definitely interested in seeing more from their studio, if their concept art and ideas are any indication of what things may come. If you'd like to check out a short clip of Blackstar's alpha, be sure to join us after the break!%Gallery-23010%
AT&T's job cuts to be offset with hires in Mobility unit
As we mentioned earlier, AT&T has announced plans to cut 1.5 percent of its workforce of 309,000. Sad times ahead for the company? Not quite. Apparently the 4600 jobs will be harvested from managerial spots in its flagging wired home phone business, so no worries, wireless types. Now here's where it gets interesting: word has it that AT&T also expects to hire back that same number of employees into the fold -- the wireless fold, that is -- keeping the total headcount nice and steady. We'd wager that we'll see more cuts like this in the coming months and years, so if you were pondering that job as a switchboard operator, time to retrain. So yeah, turns out it's business as usual for the number one carrier after all -- unless you happen to be in the 4600-strong group of obsoleted folks, that is.[Via mocoNews]
AMD decreases Q1 sales outlook, expects to cut workforce by 10%
It's one thing to put the kibosh on whispers of across-the-board layoffs; it's another to go and fire twice the amount rumored. Sure enough, a recent report from the AP notes that the California-based chipmaker is expecting to layoff 10-percent of its 16,000-person workforce by Q3 2008. Additionally, the outfit is trimming its sales outlook for Q1 due to "poor sales in all of its business segments," and as if that wasn't enough, it's expecting to "incur an [undisclosed] restructuring charge in the second quarter as a result of the layoffs." Ouch.[Via The Street, thanks Aaron]
Motorola to cut another 2,600 jobs
The tough times just don't seem to end at Motorola -- the company announced today that it's laying off another 2,600 workers, for a total of 10,000 positions eliminated since the start of 2007. That's on top of the various high-level executive departures that have been taken place lately, not to mention the company's plan to split off its mobile phone business, which will undoubtedly lead to more cuts down the line. The goal is to reduce costs by some $500M by the end of the year, and some of the jobs being lost come as Moto closes a factory in Singapore and a WiMAX development lab in Florida. There's no word on when the cuts are going to come, but here's hoping all these aggressive steps lead to a little vacation for Sad Moto here.
Motorola getting ready to close Birmingham design center?
The Register is reporting that Motorola's outpost in Birmingham, England has officially been placed on death row this week, with its 121 staff ominously being told that they're "at risk for redundancy." We're pretty sure that's code for "we think someone else is already doing your job, but we need to confirm that and get back to you," so in the meantime it seems like a brilliant idea for the so-notified folks to prep their CVs and hightail it outta there. To be fair, Moto is apparently going to start by trying to offer relocation or work-from-home deals for some of the Birmingham peeps, but it seems that it's a best-case scenario. Even worse, the office is a Moto design center; correct us if we're wrong, but we don't think you turn around a struggling phone manufacturer by killing off design, right?
i-mate's US outpost implodes, most laid off
We've caught wind from a number of employees -- or ex-employees, as the case may be -- that i-mate's US division in Redmond, Washington has all but disintegrated after a Friday bloodbath that saw the entire engineering, QA, and tech writing departments laid off, among others. Several honchos who weren't cut left anyway, perhaps unwilling to work in a ghost town or as a show of solidarity to their fallen brethren; notably, the Chief Software Officer and VP of Sales and Marketing are both gone, leaving a sales director to be promoted to the lofty title of GM of what seems to be all US operations. Apparently, the Dubai-based firm is in the hurt locker after its inability to get the Ultimate line (also known as "the basket with all of i-mate's eggs in it") fully deployed to retail channels in the time frame it had hoped, and meeting massive resistance from US carriers to carry the devices, it's been left with no option but to leave behind just enough employees to set up and maintain a web-based portal for purchasing unlocked devices in the States. To those who've been handed your walking papers, we wish you the best of luck.[Thanks to everyone who sent this in]
Motorola lays off yet another couple hundred?
No stranger to layoffs, rumor has it that Moto has laid off more than 200 additional folks recently in its home town of Schaumburg, Illinois, with the customer service, mobile, and lab departments taking the bulk of the hit. Now, we figure there are two ways to look at this: one, the layoffs aren't over at the world's number three manufacturer -- or two, they're starting to taper off. Take your pick.[Thanks, Tom J.]
Nokia boycott urged by German unions
So apparently, that whole "plan to shut down a Bochum Nokia plant" didn't exactly sail over everyone's heads, particularly not in Germany. Reports are now flowing out that unions in the nation are taking it upon themselves to urge consumers not to purchase wares from the firm, with Dietmar Muscheid, regional head of the Confederation of German Unions (DGB), being one of the most vocal. Muscheid went on to state that "whoever buys a cellphone today should think about the choice they are making and what catastrophic consequences the company's actions in Bochum will have for thousands of workers." 'Course, the EU has already proclaimed that Nokia won't be getting a dime in relocation (to Romania, supposedly) aid, but unspecified government officials are reportedly lined up to speak with suits from the handset maker later this week to "discuss the plant's future." Whether or not all this commotion will actually change any minds, however, remains to be seen.
Digeo lays off half of its employees, replaces CEO
Merely days ago, Digeo trumpeted a number of Moxi-related partnerships and simultaneously failed to give us any additional details as to when we could expect either of its standalone HD DVRs. Now, we could have a reason why. According to a breaking report from The Wall Street Journal, the firm is axing 50-percent of its staff (leaving 80 employees) and Mike Fidler, CEO, is handing over his position to Greg Gudorf, the company's current president and chief operating officer. As if that weren't enough, the report also claims that Digeo will "not release two digital media recorders that had been planned," and rather, it will "focus on a [single] next-generation consumer model." Notably, we aren't told whether or not said model is the HD DMR that's already out in beta testers' hands, but we suppose only time will tell. [Warning: read link requires subscription]Update: We've now learned that the oft delayed Moxi Multi-Room HD DMR and the Moxi Home Cinema Edition DMR will not be released. Additionally, we're told that details about the firm's upcoming consumer DMR (which will be released) will be "announced later in the year." Full release posted after the jump.
Palm laying off employees?
We haven't heard any confirmations of this just yet, but PalmInfocenter has it that a number of Palm employees have already been shown the door and asked not to come back. Citing "reliable sources," it goes on to mention that the layoffs could reach beyond North America and could affect "hundreds" of employees. 'Course, the past few months quarters haven't been the best Palm has ever seen or anything, but this would certainly make a bad year even worse if true.
RealNetworks lays off a hundred employees
Around a hundred employees at RealNetworks are dealing with the news that their job is no longer available, and about 35 of those positions were in Seattle, Washington while the others were in Asia / Europe. According to company spokesman Bill Hankes, the firm made cuts "across the board to reduce redundancies built up as a result of six acquisitions made over the past two years," and he also added that these were the "first layoffs the company has made since those purchases." As it stands, around 1,700 employees are left, and no further job cuts are "planned."[Via PaidContent]
Estimated layoffs at SCEA were "totally off base"
Earlier, we reported that up to 100 employees were laid off by SCEA. It appears that these figures were incorrect, and "way high." In a statement to GameDaily, Dave Karraker noted that less than 50 employees were let go. Government regulations require a company that lays off more than 50 individuals to issue a WARN notification -- something Sony did not have to do in this latest step in their corporate restructuring."We had a number of different department shifts in restructuring throughout the company, but nothing that's different from what we would typically have," Karraker explained. "The stuff that's been going on and has been going on since I started, back in September, is just continual shifts and changes within departments that's nothing unusual for any company on a regular basis."According to GameDaily's findings, the lay offs affected a variety of departments, including Consumer Service, Finance, Business and Technology, Operations, 1st and 3rd party test, Marketing and Sales. Karraker refuted the claims, and made note that such layoffs are part of "normal business practice."
Motorola cuts another 4,000 jobs
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 with "prioritization of investments, continuing discretionary-spending controls, general and administrative expenses and site rationalization" (whether any of that verbage actually means anything, we don't know, but it certainly sounds frugal). For the record, the first 3,500 cuts are apparently on track to be completed by June 30, but with newly-announced "restructuring charges" totalling $300 million, it's anybody's guess whether these moves are ultimately going to make America's only top five manufacturer profitable again.
Nokia Siemens Networks drops the axe on 9000 jobs
While this doesn't come as a huge surprise -- this layoff was predicted last year -- it still hurts to see such massive cutbacks in an industry held so near and dear to our hearts. Apparently 2,900 jobs in Germany and 1,700 in Finland will be cut on the road to finding savings to the tune of $2 billion by 2010. The final cut will be about 9,000 employees which is roughly 15 percent of the joint venture's workforce of 60,000. The joint venture was founded to help both companies compete with the likes of Ericsson and Alcatel-Lucent with 5 major business units focusing on Radio Access, Broadband Access, Service Core and Applications, IP / Transport, and Operations Support Systems. Of course, the verdict is still out on how successful this venture will ultimately be, but Nokia's track record in the mobile space has been strong for as many years as we care to remember.
IBM gearing up to lay off over 100000 American employees?
We'll admit, even we're a bit frightened that immensely intelligent humanoid bots may one day oust us from these seats, but according to whispers going around at IBM's HQ, something just as momentous could be going down as early as this year. Shortly after Lenovo told 1,400 of its US-based employees to politely hop off the payroll, IBM's LEAN plan could call for over 100,000 American workers to be canned in favor of (surprise, surprise) hiring overseas. Already, the firm has laid off 1,300 employees in 2007, but according to a recent report, an ongoing "planning meeting" for how to handle the company's Global Services could eventually axe "up to 150,000 US jobs" while hiring cheaper labor in China and India. Interestingly, this news could actually be sweet music to Wall Street, at least in the short term, but we can't imagine how this logistical nightmare will ever bode well for Big Blue's future.
Motorola to lay off 3,500
Could the unprecedented wave of RAZR popularity finally be drawing to a close? Probably not -- CEO Ed Zander says Moto sold more of them this past quarter than ever before -- but that isn't stopping the world's number two manufacturer from tighting the belt a notch and cleaning up shop. On account of some lackluster performance to close out '06, the company looks to drop about 3,500 folks from its payroll (a full 5 percent of its workforce) but has no plans to change its overall product strategy. In fact, perhaps due in part to the layoffs, it looks to post full-year revenues of $46 billion or more, above analyst estimates. In other words: expect more RAZRs and RAZR-alikes. As long as they follow the V6 MAXX theme, though, that may not be an entirely bad thing.
Monster Cable fires 120 employees, still overcharges for accessories
Wouldn't it figure -- the company synonymous for charging absurd amounts of coinage for products that are debatably no better than the copper-laced counterparts available en masse for much less is cutting 120 jobs, only to replace them with outsourced labor. While we fully understand the "business demands of the 21st century," as Mr. Lee so aptly implied, there's something to be said when you're suckering folks into buying cranking out $100 HDMI cables and $70 iPod controllers, yet can't afford to hook your loyal employees up with anything more than "four weeks severance" and a dash of "counseling." What's notable about all this is that prior to this recent batch of layoffs, excessed employees received "four weeks pay plus one additional week of pay per year of service." Furthermore, many employees say the job searching assistance is "worthless," as they really have no desirable skills besides the one's learned at Monster. 'Tis a shame to see the folks let go, but we're fairly certain the firm's (supposed) cash drought isn't due to a lack in markup.[Via CEPro]
Apple cuts 30% of sales force in Taiwan
It sounds like Apple's products aren't making as much of a splash in Taiwan as other parts of the world, as Apple has just cut 30% of its sales workforce there. The former managing director of Apple Taiwan, Kong Yuk-loong, called it quits at the end of June, with a slew of managers and executive following in his footsteps soon after. DigiTimes has more details on the report, including a citation of declining iPod sales being a factor in the cutback.Of course, Apple declined to comment on the story.[via MacMinute]
