AOL looking for 2,500 workers to resign voluntarily
AOL is in the process of separating itself from the parent company Time Warner.
As part of this program, they are aiming to cut around 2500 jobs.
The company has announced a voluntary layoff program that would run for a week next month.
AOL said in [...]
Adobe cutting 680 jobs
Software giant Adobe has announced that they are cutting around 680 jobs in their global operations.
This comes to around 9% of their total workforce around the world.
The company said that they would only cut jobs from their own operations and not from Omniture which they acquired last month.
They had [...]
AOL cuts around 100 jobs
AOL has announced that they are cutting around 100 jobs from their operations.
The company is in the process of separating from the parent company Time Warner.
AOL said that the job cuts are applicable in all the departments of the company.
They would now have around 6,900 employees after the [...]
Microsoft cuts more jobs 800 this time around
US based software giant Microsoft has cut another 800 jobs in their operations.
This is in addition to around 5000 jobs that were cut previously.
The company said: “Earlier this year, we announced that in order to reduce costs, increase efficiency and prioritize our focus areas, we [...]
Sun Microsystems to cut 3000 jobs
Sun Microsystems has announced that they would cut around 3000 jobs sometime next year.
Sun is in the process of getting acquired by Oracle and they are looking for approval from the European regulatory bodies.
The delay means that Sun is losing money and they have to cut costs to stay [...]
Dell to shut down a plant in North Carolina
US based PC manufacturer Dell has announced that they would shut down one of their plants located in Winston-Salem.
This shut down would result in 905 workers losing their jobs.
The company said that this is part of their process to cut down costs.
Dell said that [...]
AOL: Tim Armstrong says job cuts possible in the future
AOL CEO Tim Armstrong has admitted that they cannot rule out job cuts in the future as the company aims to get back to profitability.
He has been working hard on restructuring the company to ensure that they do not waste any resources.
The company [...]
Cisco Systems cut jobs at their headquarters
Cisco Systems has announced a job cut at their headquarters and at some other locations.
The company said that with these job cuts they have reached closed to their goal of reducing their workforce by around 2000 employees.
Cisco said that the long term goal is to cut costs to [...]
WSJ: Gannett cutting jobs
Wall Street Journal has reported that the news media industry giant Gannett is firing as many as 1000 workers.
The aim is to cut costs as the revenues from advertising is declining rapidly.
Gannett owns the popular newspaper USA Today.
The WSJ report said that most of these job cuts have taken place [...]
MySpace announces a major job cut
Rumours were true. MySpace has announced that they are cutting its staff by 30 percent.
The aim is to cut costs as it struggles to compete with rivals like Facebook and even Twitter.
After this cut, the company would end up with just around 1000 employees. Still a large number [...]
