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.
Business
Apr 18, 2013
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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.
Business
Apr 5, 2013
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(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 ...
Business
Apr 3, 2013
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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.
Business
Mar 8, 2013
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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.
Telecom
Feb 7, 2013
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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 ...
Business
Dec 21, 2012
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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.
Business
Dec 3, 2012
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(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.
Business
Oct 15, 2012
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(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.
Business
Oct 4, 2012
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(AP)—Verizon and unions representing 43,000 employees have reached tentative, three-year agreements covering job security, retirement and other issues.
Business
Sep 19, 2012
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