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Nokia Siemens to lay off 17,000 worldwide

(AP) -- Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 - nearly 23 percent of its work force - as it strives to cut costs by euro1 billion ($1.35 billion).

AMD cutting 1,400 workers in first move by new CEO

(AP) -- Advanced Micro Devices Inc. is cutting some 1,400 workers as a weak computer market and manufacturing delays have hurt the world's second-biggest maker of microprocessors for PCs.

US lightbulb rules spark new political fight

With a January deadline looming on a US law mandating energy efficiency standards for lightbulbs, some political forces don't want to turn out the lights.

USA Today publisher Gannett cuts 700 jobs

Gannett, the largest US newspaper chain and the publisher of USA Today, said Tuesday it is laying off 700 employees, around two percent of its workforce.

Taiwan's Acer to cut 300 Europe jobs after losses

Taiwan's leading personal computer maker Acer said Wednesday that it plans to cut 300 jobs from its units in Europe following massive losses amid a slow economic recovery in the region.

Cisco narrows focus with new business structure

(AP) -- Cisco will undergo a number of structural changes following several challenging quarters as the networking behemoth attempts to become more efficient in bringing products to market.

Layoffs expected after AOL's Huff Post buy

AOL's acquisition of The Huffington Post news and opinion website will trigger layoffs, the Internet company's chief executive Tim Armstrong said Thursday.

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