Cisco Systems will cut as many as 6000 jobs over the next 12 months, saying it needs to shift resources to growing businesses such as cloud, software and security.
Microsoft's 14 percent staff reduction, the largest in its history and focused heavily on employees acquired from Nokia's devices and services business, has some observers thinking Satya Nadella got a bad case of Lumia-induced indigestion.
Microsoft reportedly will announce the biggest round of layoffs in its history on Thursday as massive changes wrought by new CEO Satya Nadella start to take hold at the struggling IT giant.
SAP is trimming an unspecified number of workers as part of an effort to restructure its overall skill set.
Intel is cutting 1,500 jobs in Costa Rica as it takes steps to cut 5 percent of its workforce by the end of the fiscal year.
Juniper Networks will lay off about 6 per cent of its workforce and back out of application delivery controllers as part of a restructuring intended to cut costs and focus the company on markets where it can grow fast.
A newly released, independent audit of Oregon's disastrous Obamacare website implementation takes both state officials and site contractor Oracle to task, saying each side contributed to problems that have generated a political firestorm in recent mo...
Intel expects that its workforce will decline by 5 per cent as it heads into a year in which revenue is likely to be flat.
Dell has declined to confirm a report of employee layoffs, but said it could make decisions related to the workforce if necessary in order to maintain company stability.
Yahoo has decided to shut down its office in Cairo, Egypt by the end of this year as the company tries to revitalize its business.
Communications chip maker Broadcom is cutting approximately 1,150 jobs, nearly one-tenth of its workforce, as part of a global restructuring.
BlackBerry confirmed on Friday its US$965 million net operating loss in the second quarter, following low interest in the Z10 smartphone.
BlackBerry lost close to $1 billion in the July to September quarter as users abandoned its once-dominant platform.
In another sign of trouble at HTC, the Taiwan-based smartphone maker started downsizing its US operations on Friday, cutting an undisclosed number of staff.
Dell will invest in additional acquisitions and remain committed to its struggling PC business once a $US24.9 billion deal to go private is complete, according to company officials.
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