Home improvement retailer Lowe's says it's laying off approximately 125 information technology workers, the third round of job cuts this year.
Experienced Indian techie Raghu Narayanaswamy lost his job recently and fears he may not get another, as analysts warn of massive layoffs across the country's multi-billion-dollar information technology sector.
Indian software trade body Nasscom on Thursday dismissed widespread media reports of mass layoffs in the country's hugely important information technology industry but warned that the sector must reinvent itself.
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.