Nokia sheds 300 IT jobs, transfers 820 workers
Struggling Nokia Corp. is downsizing by more than 1,000 jobs, part of a wide-ranging plan to cut costs and streamline operations.
Struggling Nokia Corp. is downsizing by more than 1,000 jobs, part of a wide-ranging plan to cut costs and streamline operations.
Business
Jan 17, 2013
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Nokia Corp. plans to sell its head office near the Finnish capital to real estate investors for €170 million ($220 million) as the struggling cellphone maker continues to cut costs.
Business
Dec 4, 2012
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Chipmaker Advanced Micro Devices Inc. says it will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year in order to reduce spending in the face of dwindling sales.
Business
Oct 18, 2012
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(AP)—Newsweek plans to end its print publication after 80 years and will shift to an online-only format starting in early 2013. Job cuts are expected.
Business
Oct 18, 2012
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(AP)—Google is broadening job cuts from its Motorola Mobility unit outside the U.S. and will take $390 million in severance costs and other charges related to the layoffs.
Business
Oct 4, 2012
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(AP)—Hewlett-Packard plans to cut about 2,000 more jobs than previously announced, as CEO Meg Whitman tries to turn the company around. Last month, HP posted the largest loss in its 73-year history.
Business
Sep 10, 2012
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(AP)—Moody's Investors Service has downgraded Sharp's short-term ratings to the lowest "Not Prime" category, citing the Japanese electronics maker's debts and price drops in its main product, liquid-crystal displays.
Business
Sep 5, 2012
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(AP) -- Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.
Business
May 17, 2012
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(AP) -- Canon Inc. is moving toward fully automating digital camera production in an effort to cut costs.
Business
May 14, 2012
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(AP) -- A week after announcing a painful round of job cuts, Yahoo CEO Scott Thompson unveiled a plan Tuesday that will reorganize the company into three main divisions focused on users, advertisers and technology.
Business
Apr 10, 2012
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