Lowe's to lay off about 125 workers, move jobs to India
Home improvement retailer Lowe's says it's laying off approximately 125 information technology workers, the third round of job cuts this year.
Business
Jun 7, 2017
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News tagged with job cuts
Twitter boss briefly suspended from his own network
The Twitter account of Jack Dorsey, the social network's CEO and co-founder, was briefly suspended Tuesday night because of what he called "an internal mistake."
Business
Nov 23, 2016
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Volkswagen to cut 30,000 jobs in huge post-dieselgate revamp
Volkswagen on Friday announced the biggest revamp in its history, cutting 30,000 jobs in a huge savings plan to help it recover from the dieselgate emissions cheating scandal.
Business
Nov 18, 2016
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Twitter chief operating officer flying the coop
Just weeks after reporting job cuts and a disappointing fiscal quarter, Twitter announced Wednesday that chief operating officer Adam Bain is leaving the company.
Business
Nov 9, 2016
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Ericsson names new CEO amid declining networks industry
Swedish mobile networks company Ericsson said Wednesday it has named longtime board member Borje Ekholm as its new CEO, in a bid to turn around the company amid a decline in the industry.
Business
Oct 26, 2016
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Ericsson shares plummet after it warns on profit and outlook
Mobile networks company Ericsson saw its share price plummet by almost a fifth on Wednesday after saying that its third quarter earnings this year will be "significantly lower" than expectations and it predicts no improvement ...
Business
Oct 12, 2016
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Ericsson cuts 3,000 jobs in Sweden, reduces operations
Ericsson said Tuesday it will cut 3,000 jobs in Sweden, or nearly 20 percent of its local workforce, and will downsize operations at several plants as part of its global plan to cut costs by 9 billion kronor ($1 billion) ...
Business
Oct 4, 2016
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French mobile operator SFR plans to cut staff level by over third: unions
French mobile operator SFR plans to shed over a third of its staff over the next three years although no forced job cuts are foreseen until 2019, union representatives said Tuesday.
Business
Aug 2, 2016
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Microsoft making additional job cuts in phone business
Microsoft says it is cutting 2,850 jobs, about 2.5 percent of its workforce, as it further scales back its troubled smartphone business.
Business
Jul 29, 2016
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Finland to seek EU aid to cope with Microsoft, Nokia layoffs
Finland says it will apply for EU help to deal with recent redundancies, particularly among workers at Microsoft and Nokia.
Business
May 31, 2016
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