Microsoft has announced that it will cut its workforce by up to 18,000 jobs, or 14 per cent, in the next year, as part of a broad effort to streamline the company in the wake of its acquisition of phone-maker Nokia.
Acer named one of its co-founders, George Huang, to the post of company chairman as the Taiwanese PC maker battles to become a force in mobile devices and software.
Nokia's ongoing tax dispute with Indian authorities has put an end to its plans to transfer a local smartphone factory over to Microsoft, as the software maker finalizes its takeover of the Finnish company's devices and services business..
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.
Investor Carl Icahn has ripped into the eBay board of directors and called for the company to spin off its PayPal unit in a colorful letter to eBay stockholders released Monday.
It's been two months since Steve Ballmer unfurled his plan to restructure Microsoft's operations, and inquiring minds would like to know what stage the process is at.
Steve Ballmer's grand plan to reinvent Microsoft has garnered mixed reviews from industry analysts, ranging from enthusiastic endorsements to frowning skepticism.
Microsoft's sweeping company reorganization may have some insiders feeling jittery about the future, but it's doubtful that the vendor's Dynamics business applications division or its customers need to worry.
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