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Logitech to lay off 140 employees as part of continued mobile focus

Logitech to lay off 140 employees as part of continued mobile focus
  • Posted March 1, 2013, 12:30 PM by Shawn Knight | Filed in Industry News
  • Logitech today announced they are laying off approximately 140 employees as part of an ongoing restructuring and realignment effort that began last year. The layoffs account for roughly five percent of the company’s worldwide non-direct-labor workforce and will result in…

StumbleUpon lays off 30 percent of staff to become profitable

StumbleUpon lays off 30 percent of staff to become profitable
  • Posted January 17, 2013, 9:00 AM by Shawn Knight | Filed in Industry News
  • StumbleUpon has announced a restructuring effort effective immediately that will see the company shed 30 percent of their workforce. Eliminating 35 jobs will make the company profitable this quarter and allow them to operate more quickly and efficiently, according to…

Sony to lay off 2,000 workers, close a digital imaging factory

Sony to lay off 2,000 workers, close a digital imaging factory
  • Posted October 19, 2012, 6:00 PM by Matthew DeCarlo | Filed in Industry News
  • Sony has announced that it will lay off about 2,000 employees by the end of 2012, including a 20% staff reduction at the company's Tokyo headquarters and 20% from its Home Entertainment and Sound Business Group. The decision is part of a plan revealed earlier this year...

HP planning $8 billion charge within Services segment for Q3

HP planning $8 billion charge within Services segment for Q3
  • Posted August 8, 2012, 4:00 PM by Shawn Knight | Filed in Industry News
  • HP has announced they will be shuffling executives in charge of their enterprise services unit as well as taking an $8 billion charge associated with the services segment. Furthermore, they are expecting to take a pre-tax charge of between $1.5…

RIM axes another 2,000 jobs as part of ongoing restructuring plans

RIM axes another 2,000 jobs as part of ongoing restructuring plans
  • Posted May 28, 2012, 10:00 AM by Lee Kaelin | Filed in Hardware
  • Struggling Canadian phone maker, Research In Motion has announced another 2,000 job cuts from its 16,500 strong worldwide workforce as part of the firms ongoing major restructuring plans, according to Canadian...

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