Sun blames revenue drop on weak US economy

With its US$1 billion acquisition of MySQL now behind it, Sun reported financial results on Thursday that show the company is still struggling to boost its revenue. ...continue reading 'Sun blames revenue drop on weak US economy'

Dell phasing out customer service centers in Canada

Dell's facilities in Canada are being hit by the company's efforts to save US$3 billion over the next three years, with customer service centers in the country being phased out. ...continue reading 'Dell phasing out customer service centers in Canada'

AT&T to lay off more than 4,000 employees

Telecom giant AT&T plans to lay off 1.5 percent of its employees, primarily in management, in an effort to streamline its operations, the company announced Friday. ...continue reading 'AT&T to lay off more than 4,000 employees'

AMD announces layoffs, drops revenue forecast

Advanced Micro Devices on Monday said it plans to lay off 10 percent of its work force by the third quarter of 2008 in an effort to cut costs. ...continue reading 'AMD announces layoffs, drops revenue forecast'

Google to cut DoubleClick jobs, sell Performics piece

Less than a month after closing its DoubleClick acquisition, Google on Wednesday announced significant but expected changes in the ad services company that include reducing its staff and selling part of its Performics division. ...continue reading 'Google to cut DoubleClick jobs, sell Performics piece'

Google lays off some U.S. DoubleClick employees

Google said Wednesday it is laying off some of the employees at recently acquired DoubleClick and placing others in transition roles. ...continue reading 'Google lays off some U.S. DoubleClick employees'

Nortel cutting 2,100 jobs

Nortel said it will cut 2,100 jobs and shift 1,000 more to 'higher growth and lower cost geographies' after fourth quarter results fell short of Wall Street expectations. ...continue reading 'Nortel cutting 2,100 jobs'

Siemens to cut 3,800 jobs in telecom unit

Siemens plans to cut 3,800 jobs at its Siemens Enterprise Communications (SEN) subsidiary, including 2,000 jobs in Germany, the company announced Tuesday. ...continue reading 'Siemens to cut 3,800 jobs in telecom unit'

Yahoo tightens on staff quality in India

Yahoo has trimmed some staff in India as part of an exercise to improve the quality of its research and development (R&D) team in the country. The company has removed less than 5 percent of staff after they failed in a performance appraisal, according to an informed source. Yahoo employs 1,500 staff in India in R&D and its sales and marketing operations. ...continue reading 'Yahoo tightens on staff quality in India'

Yahoo to lay off hundreds

Yahoo will announce plans to lay off hundreds of its 14,000 employees as the faltering Internet giant continues trying to snap out of its financial funk and fine tune its business strategies, several media outlets are reporting. ...continue reading 'Yahoo to lay off hundreds'

Sprint Nextel to lay off 4,000 after customer losses

Sprint Nextel will lay off about 4,000 employees and close about 125 retail outlets after it suffered a net loss of more than 100,000 customers in the fourth quarter of 2007, the company said Friday. ...continue reading 'Sprint Nextel to lay off 4,000 after customer losses'

Nokia to close German plant, lay off workers

Mobile phone maker Nokia will lay off 2,300 employees at a German plant and move production to lower-cost European sites, the company announced Tuesday. ...continue reading 'Nokia to close German plant, lay off workers'

Sprint said to be planning layoffs

Sprint Nextel Corp. plans to lay off a few thousand of its 60,000 workers, a report in the Wall Street Journal says, quoting unnamed sources. ...continue reading 'Sprint said to be planning layoffs'