News and Articles About Layoffs
The cost-cutting measure will allow the company to invest in technology upgrades.
The tech company expects to slash about 10 percent of its workforce over the next three years as it adjusts to falling demand.
The Finnish company has failed to create a new hit game since the 2009 launch of Angry Birds.
After write-offs, an impairment charge, and thousands of job cuts, can Microsoft recoup any value from its $7.2 billion Nokia acquisition? Let the debate begin.
The latest job cuts would be in addition to the 18,000 jobs Microsoft said it planned to cut a year ago.
Shares were up about 7 percent in extended trading hours.
Some positions are being eliminated while others are added, but overall headcount has gone down in a restructuring drive.
The big retailer is battling back after a massive data breach and sluggish performances.
Zillow has completed its $2.5 billion acquisition of online real estate rival Trulia.
Many Tesla owners in China, which Musk has said is a market rife with potential, complain of an inadequate charging infrastructure.
The maker of the world's first flavored lip balm is closing its doors for good, but sweet, sweet Lip Smackers will live on.
The fast-food giant is cutting 63 corporate jobs after a spectacularly difficult 2014.
Plans are in the works to shed as much as 10 percent of eBay's workforce.
Less than a year and a half ago, the ecommerce company raised $150 million at a $1 billion valuation. Today, the company is reportedly on the block for $15 million.