Ina Fried in Mobile on March 23 at 3:14 pm PT
The federal agency took umbrage at AT&T’s suggestion that T-Mobile’s plans to cut jobs prove that the country would have been better off had the two companies been allowed to combine.
Anna Molin and Sven Grundberg in Mobile on March 22 at 9:49 am PT
Nokia Corp., the world’s largest handset maker by shipments, said Thursday it has completed negotiations with its labor unions over jobs cuts at its Salo plant in Finland.
The cuts are part of a plan announced last month to cut about 4,000 jobs at smartphone manufacturing plants at Salo, Reynosa in Mexico and Komarom in Hungary, in a push to move device assembly closer to components suppliers in Asia.
Ina Fried in Mobile on February 17 at 11:05 am PT
The No. 3 U.S. carrier says it expects its overall workforce to remain at around 40,000 and notes it is still hiring in some areas.
Ina Fried in Mobile on February 8 at 12:55 am PT
The Finnish cellphone maker plans to reduce the amount of work done at plants in Hungary, Mexico and Salo, Finland.
News Byte
Arik Hesseldahl in News on November 8, 2011 at 2:58 pm PT
Adobe Systems said it will
cut about 750 jobs in North America and Europe as part of corporate restructuring. The company said it expects to take a restructuring charge of between $87 million to $94 million. As a result of the move, the company said it expects earnings per share to be in the range 30 cents to 38 cents a share, lower than its previously guided range of 41 to 50 cents. Adobe shares fell more than 7 percent in after-hours trading.
Ina Fried in Mobile on September 29, 2011 at 9:06 pm PT
The company plans to close a Romanian manufacturing facility, as well as operations in Bonn and Pennsylvania. Further cuts are expected to be made next year.
Ina Fried in Mobile on July 26, 2011 at 10:44 am PT
A series of YouTube videos from the consumer group Free Press plays on T-Mobile’s recent ad campaign to make the case that the proposed $39 billion deal will lead to less choice, higher prices and job cuts.
John Paczkowski in News on July 7, 2010 at 3:34 pm PT
Layoffs are indeed under way at Microsoft. As expected, the cuts are relatively small–in the hundreds globally, according to TechFlash.
John Paczkowski in News on November 24, 2009 at 6:30 am PT
Here’s a data point to consider amid the tech sector’s continuing job cuts. According to a new study by Cyber-Ark, many employees leaving their jobs aren’t above adding a little something to their separation packages: Confidential corporate data.
