IBM has kept mum on whether the company's alleged 4200 staff lay-offs in the United States will hit Australia.
A union that is trying to organize workers at IBM is reporting that the company cut more than 2,800 jobs recently, but an IBM spokesman would only confirm that some layoffs have occurred.
More than 1000 Microsoft Australia employees have dodged the axe amid ongoing global staff layoffs.
To non-locals, Seattle's high-tech industry may seem synonymous with one particular software company. As such, the prospect of mass layoffs at Microsoft would seem to be catastrophic.
Security vendor Sophos plans to lay off up to 5 percent of its staff, the company said Thursday.
Nokia reported fourth-quarter sales down about 19 percent year on year. The company sold fewer phones than a year earlier, and its market share also dropped, it said Thursday.
Illustrating current economic woes, Microsoft had a disappointing second quarter, with revenue dropping in its important Windows operating system business.
Chip maker Advanced Micro Devices will shed 1,100 more jobs and cut salaries as it tries to reduce costs in a tough economic environment, the company said Friday.
Oracle made "major" cuts in its global workforce on Friday and more are expected to come, say multiple sources and news reports.
Despite expecting to meet revenue estimates for its fourth quarter, EMC said on Wednesday that it is instituting a restructuring program that includes laying off 2,400 people.
The on-again, off-again rumours of layoffs at Microsoft appear to be off again after CNBC reported that the company would not have layoffs ahead of its January earnings report.
An independent Web site for IBM employees has been buzzing with rumours that the company will make significant layoffs this month.
Sony plans to cut 8,000 jobs, close factories and reduce electronics investment by nearly a third in response to the current economic conditions, it said Tuesday.
Some 650 local Sun employees have been left hanging while the company decides who will face the axe in its plan to cull 6000 jobs globally.
Sun is laying off 15 percent to 18 percent of its employees as part of a restructuring plan aimed at saving $700 million to $800 million a year, and its top software executive is leaving the company, Sun said Friday.
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