Motorola axes another 1,200 employees in its ongoing quest to cut costs
Motorola may be owned by Google now, but the company is still bleeding cash -- and employees.
Motorola may be owned by Google now, but the company is still bleeding cash -- and employees.
While Google has already spent a hefty sum restructuring Motorola, the company isn't quite done yet.
Japanese TV and electronics manufacturer Sharp will soon cut more than 10,000 jobs, or 18 percent of its workforce. It is also in talks to sell three of its overseas plants to Chinese factory staple Foxconn.
Hewlett-Packard plans to cut between 25,000 and 30,000 jobs next week in a move to restructure the company, according to reports by Bloomberg and AllThingsD.
CEO Meg Whitman will announce the layoffs next Wednesday on a conference call with analysts …
It’s raining pink slips at Yahoo today, as the iconic tech company announced it was laying off 2,000 employees — or 14 percent of its total workforce — as part of a massive restructuring effort.
Yahoo has suffered a great …
Networking giant Cisco Systems plans to lay off 6,500 employees as part of a massive restructuring plan, the company announced Monday.
The layoffs, which are one of the largest single layoffs this year and appear to be the largest single …
(UPDATED: See below.)
The biotech colossus Amgen, stung by safety and regulatory issues that hit hard at sales of its core anemia drugs, announced today that it will cut its headcount between 12 percent and 14 percent, ratchet back …