Layoffs

News and Articles About Layoffs

Microsoft Reportedly Prepping Massive Round of Layoffs

The announcement, which could arrive as soon as this week, comes as the company seeks to integrate roughly 30,000 new employees on the heels of its Nokia acquisition.

Fab's CEO Refutes 'Hateful Rumors' That His Company Is Shutting Down

After a report surfaced that the struggling ecommerce site is starting to close down, CEO and co-founder Jason Goldberg took to Twitter to deny the claims.

Hewlett-Packard CEO: Job Cuts Will Be 'Good for Our Customers'

Hewlett-Packard chief Meg Whitman defended the company's plans to cut up to 16,000 workers.

This Could Be Fab's Last Breath

The troubled ecommerce site will fire about a third of its staff in its latest round of layoffs and its founder's blog has disappeared.

Disney Interactive Lays Off 700 Employees

Disney's struggling video game and digital media subsidiary slashed its workforce by 26 percent on Thursday.

Sony Now Predicts a $1.1 Billion Loss, Shuts Down PC Business

The struggling Japanese electronics maker is undergoing a costly restructuring.

Zynga Makes Its Biggest Buy Yet, Announces Fresh Round of Layoffs

The struggling gaming company is letting 15 percent of its employees go while making way for a new addition in the acquisition of U.K. competitor NaturalMotion.

Target Is Newest Retailer to Drop Part-Time Health Coverage

The retailing giant follows Trader Joe's and The Home Depot example, while facing company layoffs and lingering concerns following December's security breach.

JCPenney to Cut 2,000 Jobs, Close 33 Stores

The struggling department store announced it is closing 33 underperforming locations as it looks to cut costs.

BlackBerry Inks $4.7 Billion Deal to Go Private

The troubled mobile maker has accepted a $9-a-share offer from Fairfax Financial Holdings, which already owns 10 percent of BlackBerry's shares.

Struggling Deals Site LivingSocial Kills Events Group, Closes New York Office

The move eliminates 30 full-time positions and will have remaining staffers working remotely.

How to Make Sure Company Secrets Stay When Employees Move On

Measures you can take to stop proprietary data from leaving with your workers.

The Six Biggest Downsizing Mistakes

Whether you are trimming your operation to streamline your successful business or save your recession-affected enterprise, consider these tips.

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