Amazon announces layoffs. The company lays off 150 workers, or 2 percent of its workforce--the largest employment cutbacks ever announced by the Internet pioneer.
Amazon announces layoffs. The company lays off 150 workers, or 2 percent of its workforce--the largest employment cutbacks ever announced by the Internet pioneer.
A new study says that in spite of economic hard times, good workers are tough to retain and pricey to replace--"people issues" (flex time and the like) are key.
Tech layoffs: The scorecard. Follow the companies that are shedding workers with this live layoff tracker, which we'll continue to update as more news surfaces.
HP deal: Some get layoffs, others bonuses. Although it plans to lay off thousands of workers if its merger with Compaq goes through, Hewlett-Packard is also offering hefty bonuses to some 6,000 ...
Ballmer's e-mail to employees regarding layoffs. Here is the e-mail that Microsoft CEO Steve Ballmer sent to employees this morning, as the company announced poor earnings and major layoffs.
Layoffs may spoil HP workers' allegiance. The surprisingly overwhelming response to its voluntary cutback program could be a thing of the past if the company continues to lay off employees.
Amazon seller sues Amazon, Apple over deleted listings. A third-party retailer alleges the companies shut down its listings because the Apple accessories it sold were priced too low.
Amazon -- that's right, Amazon -- posts big profit. The largest e-retailer usually reports slim profit as it invests in its next new thing. This time was different.
One of Amazon's many great strengths is the sheer breadth of its inventory. The retailer is said to stock hundreds of millions of different products, with everything from fishing rods to dog food ...
Valve announces the Steam Machine. Hot on the heels of SteamOS, Valve unveils the Steam Machine hardware and gets its community to start testing.
NetApp announces products, partnerships. Growing data storage company Network Appliance unveils new products, along with joint efforts with Veritas Software and Cisco Systems.
US announces more sanctions over Russian hacking. The Treasury Department takes aim at companies and people who have helped with cyberattacks coming out of Russia.
The British government said Monday it will introduce a digital tax for high-earning tech companies operating in the UK. The tax, which won't kick in until April 2020, is among a host of economic ...
Microsoft's Joe Belfiore announces an update to Windows Phone 8.1. James Martin/CNET SAN FRANCISCO -- Microsoft unveiled on Wednesday an update to its mobile operating system.
1. Significant indirect costs often wipe out the direct savings of layoffs. While layoffs may seem like a good way to cut costs in the short-term, the direct and indirect costs of downsizing can ...
Sanofi-Aventis (SNY) could not have handled its recent round of layoffs in a worse way. It's like a case study in how not to do it. As a result, the process attracted negative attention to the ...
Alcatel-Lucent on Friday unveiled its latest restructuring plan complete with layoffs and a rip off of Cisco's spiel about Web 2.0 technologies. The news out of Alcatel-Lucent was boilerplate ...
Two congressional committees have subpoenaed Deutsche Bank documents as part their investigations into President Donald Trump and his company. Deutsche Bank was one of the few banks willing to ...
General Motors Plans Layoffs. January 8, 2002 / 2:58 AM / AP General Motors Corp. said it would cut up to 2,850 jobs by eliminating a shift at two plants in Michigan and New Jersey, citing low ...
The 90 Ogilvy & Mather staffers who are about lose their jobs should be forgiven for being baffled about what is happening to them. After all, judging by CEO John Seifert's message to his ...