News and Articles About Layoffs
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Cutting the budget by 25 percent will mean laying off 7,000 employees.
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Plus: Why Kickstarter cut a bladeless razor company's campaign after it raised millions.
The layoffs come about a week after Jack Dorsey became permanent CEO.
The layoffs at the 3-D printer company are in addition to the significant cuts made in April.
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.
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