Ericsson said Tuesday it will cut 3,000 jobs in Sweden, or nearly 20 percent of its local workforce, and will downsize operations at several plants as part of its global plan to cut costs by 9 billion kronor ($1 billion) ...
French mobile operator SFR plans to shed over a third of its staff over the next three years although no forced job cuts are foreseen until 2019, union representatives said Tuesday.
Finland says it will apply for EU help to deal with recent redundancies, particularly among workers at Microsoft and Nokia.
Cellphone company Sprint is eliminating more jobs as it seeks to cut costs and turn around its business.
Rovio Entertainment, the maker of "Angry Birds" and other mobile games, said it cut nearly a third of its workforce Wednesday as it restructures its business.
Popular mobile games maker Rovio Entertainment said Wednesday it plans to lay off up to 260 people, or about a third of its workforce, because the company took on "too many things" during the past few years.
Media giant Viacom Inc. on Monday announced a round of layoffs and restructuring that will result in it booking $785 million in special expenses in its recently ended quarter.
Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.
German telecom giant Deutsche Telekom will cut 4,900 jobs over the next two years from its IT and consultancy unit T-Systems, the company said on Tuesday.
Disney subsidiary Pixar is laying off up to 5 percent of its 1,200 employees after it pushed back the release of "The Good Dinosaur" to November 2015 from next May.