Layoffs

News and Articles About Layoffs

Cisco Systems to Lay Off About 14,000 Employees
Layoffs

Cisco Systems to Lay Off About 14,000 Employees

The San Jose, Calif.-based company is expected to announce the cuts within the next few weeks, the report said, as the company transition from its hardware roots into a software-centric organization.
Microsoft to Cut 2,850 More Jobs
Microsoft

Microsoft to Cut 2,850 More Jobs

The company said in May it would cut 1,850 jobs in its smartphone business, most of them in Finland.
Microsoft Retreats in Smartphone Battle, Laying Off More Than a Thousand
Microsoft

Microsoft Retreats in Smartphone Battle, Laying Off More Than a Thousand

The U.S. company said it would shed up to 1,850 jobs, most of them in Finland, and write down $950 million from the business.
U.S. Jobless Claims Rise, and Planned Layoffs Surge
Unemployment

U.S. Jobless Claims Rise, and Planned Layoffs Surge

Most of the announced job cuts were concentrated in the energy sector, which is reeling from low oil prices that have hurt profits.
Intel to Cut Up to 12,000 Jobs Globally as PC Industry Declines
Intel

Intel to Cut Up to 12,000 Jobs Globally as PC Industry Declines

Many new tech users around the world turn to mobile phones for their computing needs, and corporations increasingly rely on big machines rather than desktop models to run their businesses.
American Apparel Lays Off Workers, Considers Outsourcing
American Apparel

American Apparel Lays Off Workers, Considers Outsourcing

An estimated 500 employees have lost their jobs since layoffs began last week, according to a news report.
Boeing to Cut More Than 4,500 Jobs
Layoffs

Boeing to Cut More Than 4,500 Jobs

The divisions that conduct flights and lab tests as well as the commercial airplanes department will be downsized, the company says.
Smartwatch Maker Pebble Lays Off Quarter of Staff
Pebble

Smartwatch Maker Pebble Lays Off Quarter of Staff

CEO says the layoffs are required due to 'a chilly fundraising environment' in Silicon Valley.
Jason Cipriani
SurveyMonkey Lays Off 100 Employees, Says Focus Will Be on Businesses
Layoffs

SurveyMonkey Lays Off 100 Employees, Says Focus Will Be on Businesses

This is the latest change after nearly a year of turmoil.
Kia Kokalitcheva
Zenefits Lays Off 17 Percent of Workers to 'Refocus'
Zenefits

Zenefits Lays Off 17 Percent of Workers to 'Refocus'

Zenefits has been in crisis mode for the last few weeks after removing its CEO and founder, Parker Conrad.
Erin Griffith
Yahoo Announces First Round of Layoffs as it Trims 15 Percent of Workforce
Yahoo

Yahoo Announces First Round of Layoffs as it Trims 15 Percent of Workforce

The layoffs take effect April 11 and affected employees received 60-day advance notice of the move
Yahoo Reportedly Fired a Bunch of Workers by Accident
Yahoo

Yahoo Reportedly Fired a Bunch of Workers by Accident

As many as 30 employees were said to have been let go, only to be later told that they were simply on a shortlist.
Looking to Cut Costs, Sprint Slashes 2,500 Jobs
Sprint

Looking to Cut Costs, Sprint Slashes 2,500 Jobs

The wireless carrier has shuttered call centers in Texas, New Mexico, Virginia, and Tennessee.
Hundreds of Employees Laid Off at Staples HQ
Layoffs

Hundreds of Employees Laid Off at Staples HQ

The 'bloodbath' affected both senior and junior employees.