Microsoft cuts 7,800 jobs, reorganizes phone unit

Microsoft announced plans Wednesday to cut 7,800 jobs and write down the value of its struggling mobile phone division acquired last year from Nokia by some $7.6 billion—fresh evidence of its woes in the global smartphone ...

IBM "flatly denies" report of mass layoffs

Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.

Microsoft tears down walls to open up future

When CEO Steve Ballmer announced Microsoft's most sweeping reorganization in years Thursday, he said it was to make the company faster-paced and more collaborative - all the better to advance his vision of turning the software ...

Windows is key to any Microsoft reshuffle, analysts say

A high-level management shakeup is expected at Microsoft Corp. in the coming days, and analysts expect the effort will expand upon Chief Executive Steve Ballmer's stated efforts to turn the software giant into a more nimble ...

Microsoft reboots with sweeping reorganization (Update 2)

Microsoft Corp. has decided its entire business needs a new operating system. CEO Steve Ballmer is restructuring the company to cope with a quickening pace of technological change that has left the world's largest software ...

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