News tagged with job cuts
Novartis announces 2,000 job losses, profits up
Swiss pharmaceutical giant Novartis announced 2,000 job losses Tuesday, mostly in Switzerland and the United States, while reporting net profits of $3.53 billion (2.5 billion euros) for the third quarter.
Oct 25, 2011 |
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IBM cuts hundreds of jobs, sliver of 400K workers
(AP) -- IBM Corp. cut more than 1,500 jobs across a number of divisions Monday, a sliver of the technology company's nearly 400,000 workers worldwide.
Mar 02, 2010 |
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US tech sector job cuts highest since 2005: report
The number of job cuts in the US technology sector rose for the second year in a row last year hitting the highest level since 2005, according to a report.
Jan 19, 2010 |
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Nokia to ax 220 R&D jobs in Japan
(AP) -- Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.
Nov 24, 2009 |
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AOL offers buyouts to over a third of work force
(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.
Nov 19, 2009 |
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AOL to log additional $200M in restructuring costs
(AP) -- New regulatory filings suggest many more layoffs could be coming at AOL LLC as it separates from Time Warner Inc. by the end of the year.
Nov 12, 2009 |
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Corporations rethinking IT's role in cutting corporate costs, boosting productivity
The current recession has focused top information technology executives on cost-cutting, but they are not slashing jobs the way they did in previous economic downturns, according to a 2009 benchmark report commissioned by ...
Oct 05, 2009 |
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Microsoft moves forward on plan to lay off 5,000
(AP) -- Microsoft Corp. is pulling the trigger on thousands of the 5,000 job cuts it announced in January.
May 05, 2009 |
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High-tech layoffs climb in first quarter
During the first three months of 2009 the high-tech sector in the U.S. suffered its deepest layoffs in seven years, according to a firm that tracks the jobs market.
Apr 06, 2009 |
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Dell to cut further 230 jobs in Ireland: report
US computer giant Dell is set to lay off up to 230 more workers in Ireland as a part of cost-cutting plans, RTE state radio said on Friday.
Mar 20, 2009 |
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