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 cuts will be implemented by October 2014, giving employees affected considerable time …
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 …
T-Mobile CEO Philipp Humm said there were going to be more layoffs when he axed 1,900 call center workers in March, and it looks like the day of reckoning is near.
Humm said the carrier will be going through a …
Yahoo is in for some big changes and a huge shakeup in leadership, according to a memo issued today by Scott Thompson, the company’s still-new CEO.
Thompson (pictured) came to Yahoo from PayPal just a few months ago. The long-awaited …
Sony plans to cut 10,000 jobs, or 6 percent of its workforce, in a bid to get back to being profitable, according to a report from Nikkei.
The drastic move makes sense for Sony because it has been unprofitable for …
Not one to sit quietly on the sidelines as Yahoo crumbles, the company’s largest outside shareholder Third Point has responded to Wednesday’s layoffs with a sharply worded critique that questions CEO Scott Thompson’s decision-making process.
“While this action was unfortunately …
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 …
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.
“After 17 years …
Former Lolapps chief executive Arjun Sethi is leaving the recently merged 6Waves Lolapps after a number of the social gaming company’s developers were laid off.
Sethi, who was with Lolapps for four years, announced his departure in a blog post …
Fourth-place U.S. wireless company T-Mobile will soon lay off around 1,900 workers due to the closure of seven call centers around the country.
T-Mobile has been in a precarious position ever since AT&T’s offer to acquire the company fell through …
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.
The layoffs, which would include two top executives, are expected to be announced by AOL …
Yahoo is getting an early jump on its spring cleaning efforts if inside information from multiple sources is to be believed.
The in-transition Internet company is said to be preparing for “a massive restructuring of the company” that will include …
Updated at 5:03 p.m. PT with more info about which teams were let go.
VentureBeat has learned that job search startup Simply Hired has laid off approximately 20 percent of its staff, according a source close to the company.
After …
Adobe Systems has reported stronger-than-expected revenues for the fourth quarter, after several events in the past few months suggested a weakened position.
Adobe has had a tough fourth quarter, with its decision to kill Flash software on mobile platforms and …
THQ has laid off 30 people from its Play THQ development team, including executive of kids-family-casual games Martin Good.
Play THQ is the team behind the uDraw GameTablet (pictured above). The system was viewed as an innovative addition to the …
Adobe is handing pink slips to 750 of its full-time staff, the company announced in an earnings report today.
The layoffs are part of Adobe’s plan to restructure the company, placing a larger emphasis on digital media and digital marketing …
Game-maker RockYou is set to announce major layoffs tomorrow just weeks after launching two new games, Galactic Allies and Hooked, VentureBeat has learned. Redwood City, CA.-based, RockYou makes games for social platforms like Facebook, and is responsible for popular titles …
A boatload of BuyWithMe employees are about to take a permanent “Gilt trip” after the startup’s acquisition.
Gilt Groupe, the luxe-themed website for upmarket flash sales, is reportedly in the final stages of buying struggling daily deals service BuyWithMe.
The …
The inevitable layoffs for workers in HP’s webOS division began this week, with the company planning to let as many as 525 workers go, reports All Things Digital.
After HP killed its webOS hardware business out of the blue in …
BlackBerry maker Research in Motion announced this morning that it is laying off 2,000 employees as part of an earlier announced “cost optimization” program.
Additionally, the company is rearranging the roles for some of its senior management. Co-CEOs Mike Lazaridis …
