US chip giant Intel said Friday it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets.
Business
Jan 17, 2014
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Struggling US computer giant Hewlett-Packard plans to slash 5,000 more jobs than previously announced because of a difficult business environment, a regulatory filing shows.
Business
Dec 31, 2013
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Telecommunications equipment maker Alcatel-Lucent SA lost 200 million euros ($274,000) in the third quarter, including costs of restructuring efforts aimed at turning around the long-struggling company.
Business
Oct 31, 2013
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Thomson Reuters is cutting about 3,000 jobs as part of its plan to speed up its cost cuts.
Business
Oct 29, 2013
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IBM said Wednesday that its third-quarter net income rose 6 percent, but its revenue fell and missed Wall Street's expectations by more than $1 billion. The company's stock fell in extended trading.
Business
Oct 16, 2013
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Telecommunications equipment maker Alcatel-Lucent SA said Tuesday that it plans to cut 10,000 jobs worldwide over the next two years, the latest cost-cutting drive from the loss-making company.
Business
Oct 8, 2013
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It was once so addictive it inspired the nickname "CrackBerry." President Barack Obama confessed to being among the millions of devotees who couldn't bear to stop tapping feverishly away on its tiny keyboard. Madonna once ...
Business
Sep 20, 2013
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Information technology giant Cisco announced Wednesday that it will cut 4,000 jobs, equal to five percent of its workforce.
Business
Aug 14, 2013
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(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, ...
Swedish wireless equipment maker Ericsson and Switzerland's STMicroelectronics say they will lay off up to 1,600 workers globally as part of a plan for splitting up their unprofitable joint venture.
Business
Mar 18, 2013
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