Sprint to cut 2,000 jobs after hefty loss

Number three US wireless carrier Sprint said Monday it was slashing 2,000 jobs in a streamlining effort after reporting a $765 million quarterly loss.

Ericsson to stop making modems, shed hundreds of jobs

Swedish telecom equipment company Ericsson said on Thursday that it would stop developing modems, a decision affecting almost 1,600 employees worldwide which is expected to lead to hundreds of job cuts.

Microsoft CEO pivots sharply with 18,000 job cut (Update)

Microsoft announced the biggest layoffs in its 39-year history Thursday, outlining plans to cut 18,000 jobs in a move that marked the CEO's sharpest pivot yet away from his predecessor's drive for the company to make its ...

Sony to close two-thirds of US stores

(AP)—Sony Corp. says it is closing about two-thirds of its U.S. Sony Stores is part of a wide-ranging company restructuring it announced earlier this month.

page 4 from 7