(Phys.org) —The buzz around new happenings at Microsoft stems from two job ads posted last week. The ads reveal that Microsoft means serious business about working on telepresence technology that will enable body doubles, ...
The number of job cuts in the US technology sector rose for the second year in a row last year hitting the highest level since 2005, according to a report.
Business
Jan 19, 2010
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(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.
Business
Nov 19, 2009
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During the first three months of 2009 the high-tech sector in the U.S. suffered its deepest layoffs in seven years, according to a firm that tracks the jobs market.
Business
Apr 6, 2009
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US computer giant Dell is set to lay off up to 230 more workers in Ireland as a part of cost-cutting plans, RTE state radio said on Friday.
Business
Mar 20, 2009
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Tech giants including X (then known as Twitter) and Facebook owner Meta announced thousands of job cuts globally in 2022 and 2023, as did other firms like entertainment company Disney, consultancy firm KPMG and phone company ...
Economics & Business
Jan 13, 2024
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Richard Branson's Virgin Orbit is letting go of almost its entire work force with the satellite launch company finding it difficult to secure funding three months after a failed mission.
Space Exploration
Mar 31, 2023
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German car giant Volkswagen said Thursday it is looking for three billion euros ($3.8 billion) in new savings to help fund its pivot towards electric vehicles, adding that it could not rule out job cuts.
Energy & Green Tech
Dec 6, 2018
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In a massive restructuring, US auto giant General Motors announced Monday it will cut 15 percent of its workforce to save $6 billion and adapt to "changing market conditions."
Business
Nov 26, 2018
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Home improvement retailer Lowe's says it's laying off approximately 125 information technology workers, the third round of job cuts this year.
Business
Jun 7, 2017
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