Another cloud storage operation shut down last week when startup Cirtas Systems, which developed a controller for storage in the cloud, announced it was leaving the market to regroup.
Acer, one of the world’s biggest PC makers, will lay off 10 percent of staff in China as its workforce there overlaps with that of local partner Founder Technology, a company spokesman said on Friday.
A U.S. committee that overseas foreign investments will likely recommend that President Barack Obama reverse a deal by Chinese network supplier Huawei to acquire intellectual property from a U.S start-up, according to a report by The Wall Street Jour...
In a negative prelude to its fourth quarter earnings report due later on Tuesday, Yahoo confirmed it is cutting one per cent of its global staff, or about 140 employees.
MySpace is laying off 500 employees, or about 47 per cent of its global staff, as part of a restructuring by the once-leading, now struggling social-networking site.
MySpace will reportedly lay off more than half of its employees on Tuesday as the website scales back its social networking ambitions.
Myspace's China office cut about 30 employees last month and saw its CEO depart, a sign that the U.S.-based social networking service may be pulling back from the country's Internet market.
Yahoo confirmed that it has laid off 600 people, following news reports often based on Twitter messages from employees who had been let go.
Defence company BAE Systems has announced 1,307 job losses in the UK, and confirmed that some will be IT roles.
WiMax service provider Clearwire will lay off 15 per cent of its employees and suspend the opening of retail stores and marketing campaigns in some cities as it tries to conserve cash and raise additional capital.
Hewlett-Packard intends to trim 1,300 jobs in the U.K. as part of a "hell-bent" effort to "butcher" the country's high-tech work force, <a href="http://www.unitetheunion.org/news__events/latest_news/unite_brands_hp_s_job_cuts__bu.aspx">union official...
Oracle is making further job cuts related to its acquisition of Sun Microsystems, primarily in Europe and Asia, the company said in a regulatory filing Friday.
Microsoft has more than made good on its plan from a year ago to eliminate 5,000 positions by the middle of June 2010, the company reported as part of its quarterly 10Q filing with the Securities and Exchange Commission.
Ericsson plans to cut up to about 1,000 employees, and will in the process close its site in the Swedish town of Gävle, the company said in a statement on Tuesday.
Mobile phone giant Nokia on Friday said it will cut up to 330 people from its research and development staff.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.
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