High-tech layoffs climb in first quarter
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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News tagged with job cuts
Cisco to cut 4,000 jobs (Update)
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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Monsanto to eliminate 2,600 jobs, posts 4Q loss
Monsanto Co. said Wednesday it will eliminate 2,600 jobs as part of a cost-saving plan designed to deal with falling sales of its biotech seeds and herbicides, which pushed its quarterly losses deeper into the red.
Business
Oct 7, 2015
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Ericsson cuts 3,000 jobs in Sweden, reduces operations
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) ...
Business
Oct 4, 2016
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Volkswagen to cut 30,000 jobs in huge post-dieselgate revamp
Volkswagen on Friday announced the biggest revamp in its history, cutting 30,000 jobs in a huge savings plan to help it recover from the dieselgate emissions cheating scandal.
Business
Nov 18, 2016
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DuPont moves ahead on job cuts ahead of Dow merger
DuPont will cut 1,700 jobs in its home state of Delaware and thousands more globally as it prepares for its merger with Dow Chemical.
Business
Dec 29, 2015
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Richard Branson's Virgin Orbit slashing 85% of its workforce
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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Dell to cut further 230 jobs in Ireland: report
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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New losses at Alcatel-Lucent amid rehaul
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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IBM 3Q revenue short of expectations, stock down (Update)
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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