Chief Operating Officer Beth Ferreira is leaving the large e-commerce retailer, making it the second high level departure this month.
Technology is hailed as a powerful engine of job creation, but things may not be as rosy as we like to think. It creates opportunities for new businesses, but there is also evidence that tech destroys jobs and the industry is beset by layoffs.
Coming as a shock to pretty much no one, AOL chief exec Tim Armstrong confirmed today that the company’s local news gathering arm Patch will see heavy layoffs and some community sites closing down in the coming weeks.
BlackBerry is still working on its turnaround, and it’s losing a lot of workers in the process.
EA says these layoffs are part of its ongoing restructuring.
Guest Post Free-to-play games on mobile platforms are changing gaming as we know it.
The social and mobile game developer is no more.
Closures are part of Zynga’s strategy to contain costs using “guard rails.”
Layoffs are the hot new thing, and EA gets in on the trend.
Another 1,100 jobs are at stake.
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.
Mike Mayzel, StumbleUpon’s director of communications, said the layoffs were not the initial stages of a death spiral.
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.
The core games slowdown may also have affected Machinima.
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, 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.
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.
Reality check: After two acquisitions of companies in a similar space, layoffs are a matter of course.
AMD’s CEO Rory Read explains layoffs and the weak PC market.
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.
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.
Aiming to save cash and streamline its operations, Sony is moving its recently-created Sony Mobile division to Japan.
Stung by its failures in the mobile computing business, Hewlett-Packard said it would cut 27,000 jobs today. That amounts to 8 percent of its 325,000-person work force.
The studio that created the SOCOM: U.S. Navy SEALS video games has shut down after 17 years. In a tweet, Zipper Interactive, a Redmond, Wash.-based console game studio owned by Sony, announced that it had shut down.
Tech/media company AOL might be cutting a number of employees that work on its communication products, like its e-mail client and AIM instant messaging service.
Adobe Systems has reported stronger-than-expected revenues for the fourth quarter, after several events in the past few months suggested a weakened position.
THQ has laid off 30 people from its Play THQ development team, including executive of kids-family-casual games Martin Good.