Tag:

Job cuts

Latest Headlines

Latest Headlines

Vodafone Germany to cut 500 jobs as competition bites

Vodafone Germany confirmed plans to cut 500 jobs as the company battles to "remain a premium company" in an increasingly hard-fought mobile market.

DragonWave slashes 1/3 of senior management jobs, amends NSN deal

Struggling vendor DragonWave said it cut its senior management positions by one-third and made changes to its agreement with Nokia Siemens Networks to reduce operating expenses.

T-Mobile confirms job cuts at HQ ahead of MetroPCS merger

T-Mobile USA confirmed job cuts at its headquarters in Bellevue, Wash., after weeks of refusing to acknowledge the cuts, but the carrier did not specify how many jobs have been culled.

New Alca-Lu CEO to accelerate cuts and asset sales

Alcatel-Lucent's new CEO Michel Combes is expected to accelerate the company's €1.25 billion cost-cutting plan, which includes 5,500 job cuts, a labour union source told  Reuters .

Report: Ericsson readies bid for Microsoft's IPTV software unit

Ericsson could acquire Microsoft's IPTV business within the next few weeks, according to a  Bloomberg report, which cited unnamed sources.

Ericsson, STMicro to shutter ST-Ericsson chipset joint venture

Ericsson and STMicroelectronics agreed to shut down their unprofitable ST-Ericsson chipset joint venture and split up its assets, a move that will lead to a net loss of 1,600 jobs.

Google to slash 1,200 more jobs at Motorola

Google's Motorola Mobility unit is cutting around 1,200 more jobs, or 10 percent of its workforce, as its continues to restructure and find its identity inside the search giant.

Report: T-Mobile to cull jobs at HQ ahead of MetroPCS deal

T-Mobile USA is preparing to cut jobs at its headquarters in Bellevue, Wash., ahead of its planned merger with flat-rate carrier MetroPCS, according to multiple reports.

Democratic lawmakers push T-Mobile not to cut jobs after MetroPCS deal closes

A group of House Democrats urged the FCC to ensure that T-Mobile USA will accept measures to protect jobs as a condition of the FCC's approval of T-Mobile's merger with flat-rate player MetroPCS.

Alcatel-Lucent names former Vodafone Europe chief Michel Combes as CEO

Alcatel-Lucent named Michel Combes, a former CEO of Vodafone Europe, as its new CEO, charging him with returning the company to consistent profitability after the tumultuous tenure of Ben Verwaayen, who announced earlier this month he would step down.