After acquiring online content sharing service Twango in 2007 and building a new office around the group of developers that worked there, Nokia is now planning to close the suburban Seattle office.
Mobile phone manufacturer Sony Ericsson will reduce its workforce by about 400 people in Lund, Sweden, cutting 160 employees and 250 consultants, the company announced on Friday.
Microsoft on Tuesday announced new job cuts that are part of the 5,000 the company said in January that it expected to eliminate.
A systems administrator pleaded guilty in a US federal court Monday to charges that he tried to extort an undisclosed amount of money and even good job references out of a New York-based mutual fund company that had just laid him off.
Nokia will layoff 450 employees as the Finnish phone giant refocuses its services to take better advantage of third-party developers, it announced on Tuesday.
The US Centers for Disease Control and Prevention is increasingly concerned about a quickly developing swine flu outbreak, with eight cases now in California and Texas, and hundreds more in Mexico.
Microsoft revenue dropped in year-over-year comparison for the first time in its 23-year history as a public company as the software giant reported a whopping 6% decline in revenue for its fiscal third quarter coupled with a 32% decline in net income...
Yahoo's profit and revenue fell sharply in the first quarter, ended March 31, 2009, as the beleaguered Internet company added a softening online ad market to its list of woes.
As many as 10,000 people could lose their jobs as the result of Oracle's surprise US$7.4 billion acquisition of Silicon Valley icon Sun Microsystems, a financial analyst predicted Monday.
Google grew its profit and revenue in the first quarter, ended March 31, despite a tough economic environment that is affecting online advertising spending, the company's main revenue engine.
Yahoo may announce a new round of layoffs next week, the third one since early 2008 and the first staff-trimming under new CEO Carol Bartz, The New York Times and The Wall Street Journal are reporting.
Forecasting a significant drop in revenue for the fourth quarter, a J.P. Morgan analyst Tuesday reported that Cisco Systems Inc. "could" announce a 10% workforce reduction soon, equal to about 6,600 employees.
Sun Microsystems is laying off about 1,500 employees this week in a follow-up to a restructuring plan announced a few months ago, the company confirmed Monday.
Proving that it is not immune to the economic downturn, Google plans to lay off 200 people, including 15 across Australia and New Zealand, in its sales and marketing group.
Microsoft and Sun Microsystems aren't the only top IT vendors laying off employees. IBM may have quietly let more than 2800 workers go, according to the Alliance@IBM union, which expects even more job cuts at the company.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.