Embattled Nokia is hoping it can become faster and more competitive by shifting the heart of its manufacturing operations to Asia, a move which will see 4,000 jobs cut in Finland, Hungary and Mexico but will be seen as long overdue. Read More »
Tech
OneRiot laid off seven employees Friday, dropping it to a total of 23 with the intent of sharpening its focus on building a real-time ad network. The Boulder-based company elevated president Tobias Peggs to the role of CEO, and moved him from San Francisco to Colorado. Read More »
The brutal economic downturn that’s being called “The Great Recession” is, at least in a technical sense, over. Online advertising and IT spending are inching back up, and many tech companies have seen their stock prices more than double from the lows reached in March. Even… Read More »
It’s official — following several tweets today from Adobe employees, a company spokesperson confirmed for us that Adobe “filed an 8-K this afternoon [that] reports a company restructuring which will result in a 9 percent reduction in the company’s work force (approximately 680 employees).” You… Read More »
Microsoft officials have confirmed that the company is making another round of job cuts today, according to reports from TechFlash and PaidContent. Rumors of the cuts have been widely circulated. The software giant is eliminating 800 jobs around the world, TechFlash reports, citing… Read More »
Americans, by nature, are an optimistic bunch. Even in tough times, there is something to be optimistic about. Where others see the glass half empty, we see it as half full. That is probably the only reasonable explanation for the findings of this survey conducted by… Read More »
With the economy deep in the throes of a recession, the only question these days is who — or what — is next? Today it was Sony’s turn, which, citing “the sudden and rapid changes in the global economic environment,” said it’s laying off 8,000… Read More »
Okay, I was trying to be clever there, but it seems Real Networks has joined a long list of companies that are slashing jobs in light of the current economic situation. Media Memo first reported the news and now AllThingD has managed to get hold… Read More »
eBay, a San Jose, Calif,-based company today announced that it was cutting 10% of its workforce, about 1,000 jobs in addition to getting rid of several hundred temps. These cuts will cost them between $70-to-$80 million. It bought two companies for $1.2 billion. Read More »
PPLive, a Singapore Shanghai-based start-up that has a P2P video platform for distributing television in Asia has developed a way to accelerate and distribute Flash videos over peer-to-peer networks. The application called PPVA, sits in your task bar and when it detects a… Read More »
Our weekly wrap-up of stuff you need to read, or bookmark for future reference. This week we’ve got stabs at various aspects of leadership — and in two cases, examples of what not to do. Several others come out of an email blast we got from… Read More »
