Fired employees hijack HMV’s Twitter to livetweet their ‘mass execution’

January 31, 2013 7:26 AM Devindra Hardawar
Devindra Hardawar

Employees fired by British entertainment retailer HMV decided to get even today by broadcasting their "mass execution" on the company's official Twitter account, which has almost 64,000 followers.

StumbleUpon: 30% headcount reduction to ‘streamline, focus, execute’

January 16, 2013 7:27 PM John Koetsier
John Koetsier

Mike Mayzel, StumbleUpon's director of communications, said the layoffs were not the initial stages of a death spiral.

Social commerce startup Lockerz downsizes with close of San Diego office, layoffs at HQ

January 16, 2013 7:47 AM Sean Ludwig
Sean Ludwig

Social curation and photo-sharing site Lockerz has closed its San Diego office and laid off about 30 percent of staff at its Seattle headquarters.

Atlanta-based WebMD to lay off 14% of its workforce

December 11, 2012 12:16 PM Christina Farr
Christina Farr

Atlanta-based WebMD, the primary source of medical information on the Web, will cut 250 jobs in the coming month as part of an ongoing effort to save $45 million per year.

LivingSocial axes 10% of workforce

November 29, 2012 10:48 AM Jennifer Van Grove
Jennifer Van Grove

LivingSocial, once the promising number two deals company behind Groupon, confirmed today that it has laid off 400 workers, or around 10 percent of its global workforce.

Dylan’s Desk: The tech industry is losing touch with the reality of working life

October 30, 2012 12:00 PM Dylan Tweney
Dylan Tweney

There's a right way and a wrong way to announce layoffs. Sadly, too many tech companies take an insensitive and shortsighted approach that shows just how out of touch they are with the rest of the world.

Updated: Developer Backbone Entertainment lays off workers

October 9, 2012 7:04 AM Dean Takahashi
Dean Takahashi

Rumors are traveling through the Twittersphere and on Facebook that the Emeryville, Calif.-based game studio owned by Foundation 9 Entertainment has been closed -- the latest victim of a slowdown in the core video game business -- or is laying off workers.

Lexmark lays off 1,700 and euthanizes its inkjet printer business

August 28, 2012 9:46 AM Jolie O'Dell
Jolie O'Dell

Printer manufacturer Lexmark is in trouble today, announcing it is letting go of 1,700 workers and is killing off its struggling inkjet printer business.

Sony Mobile heads to Japan as workforce gets slashed by 1,000

August 23, 2012 7:08 AM Ricardo Bilton
Ricardo Bilton

Aiming to save cash and streamline its operations, Sony is moving its recently-created Sony Mobile division to Japan.

Tech sector layoffs spike to a 3-year high; HP, Sony lead the way in pink slips

July 16, 2012 11:28 AM Jolie O'Dell
Jolie O'Dell

While startups scramble to hire the best engineers, tech workers at many companies this year have received the dreaded — and perhaps unexpected — pink slip.

Survey results show that layoffs at tech companies in the first half of 2012 …

Nokia axing 10K jobs, dropping 3 high-level execs

June 14, 2012 5:53 AM Sean Ludwig
Sean Ludwig

Finnish phone manufacturer Nokia will cut around 10,000 jobs by the end of 2013 in a wide-ranging cost reduction measure, the company announced today.

Nokia is in a precarious position now as it tries to offer a smartphone lineup of …

Dell to cut $2B in costs over 3 years, will pay out dividend

June 13, 2012 8:04 AM Sean Ludwig
Sean Ludwig

No. 3 PC maker Dell plans to cut more than $2 billion in spending during the next three years as it seeks to focus on making data-center equipment, Bloomberg reports.

The company intends to trim costs by cutting down its …