NEC swings to annual net profit
Japan's NEC cast off two straight years of losses Friday, reporting it had returned to the black after a painful restructuring including layoffs and a business overhaul.
Apr 26, 2013
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Apr 26, 2013
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Videogame titan Electronic Arts to lay off more staff
Electronic Arts said that more layoffs were in store at the console videogame titan as it adapts to the popularity of play on smartphones, tablet computers and online social networks.
Apr 26, 2013
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IBM to shed up to 1,400 jobs in France by end 2014
Computing giant IBM is to next week present a plan to slash between 1,200 and 1,400 jobs in France over the next two years, union leaders said on Thursday.
Apr 18, 2013
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Fisker to cut three-fourths of its work force (Update)
Troubled electric car maker Fisker Automotive Inc. has laid off about three-fourths of the workers at its California headquarters as it struggles with financial and production problems.
Apr 05, 2013
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Disney lays off staff at game developer LucasArts
(AP)—Four months after acquiring "Star Wars" maker Lucasfilm, The Walt Disney Co. is shutting down video game production at subsidiary LucasArts and laying off staff as it focuses on the less-risky, less-expensive path ...
Apr 03, 2013
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Google's Motorola to cut 10% of workforce
Google's Motorola Mobility unit will lay off some 1,200 employees, or more than 10 percent of its workforce, in a bid to return to profitability, the Wall Street Journal reported Friday.
Mar 08, 2013
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Alcatel-Lucent boss leaving as losses mount
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Feb 07, 2013
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EHarmony founder has his heart set on reviving the dating site
Neil Clark Warren thinks he's the best match for EHarmony Inc. In a move that caused his friends to call him crazy, the 78-year-old EHarmony founder came out of retirement in July to become chief executive, looking to resuscitate ...
Dec 21, 2012
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New York Times offers 30 newsroom buyouts
The New York Times said Monday it was offering buyouts to 30 newsroom managers and other journalists as part of an ongoing cost-cutting drive in a difficult environment for the newspaper industry.
Dec 03, 2012
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Sources: PayPal planning layoffs (Update)
(AP)—EBay's PayPal unit is planning layoffs in the coming weeks as it tries to refocus and operate more like an agile startup than a large company, according to people familiar with the matter.
Oct 15, 2012
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Job cuts in more regions for Google's Motorola (Update)
(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.
Oct 04, 2012
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Verizon, unions reach tentative contract
(AP)—Verizon and unions representing 43,000 employees have reached tentative, three-year agreements covering job security, retirement and other issues.
Sep 19, 2012
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Funding for medical research and science programs faces draconian cuts
A new report from the Office of Management and Budget (OMB) is a stark reminder of the perilous situation facing the medical research and scientific communities unless Congress and the President take action to prevent the ...
Sep 18, 2012
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45 percent of layoff victims, despite anger, would return to former employer
With an 8.1 percent August unemployment rate and 12.5 million Americans out of work, a new Temple University study examines a neglected area of research: how the unemployment process impacts the willingness of those laid ...
Sep 14, 2012
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Chinese solar industry faces weak sales, price war
Chinese solar panel makers that grew fast over the past decade are suffering big losses due to slumping global sales and a price war that threaten an industry seen by communist leaders as a role model for ...
Aug 22, 2012
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