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Job cuts

Latest Headlines

Latest Headlines

Broadcom to slash 2,500 jobs in winding down of cellular baseband biz

Broadcom said it will cut 2,500 jobs, about one-fifth of its total workforce, as part of a winding down of its cellular baseband chipset unit. The company made the announcement Tuesday in conjunction with its second-quarter earnings.

Report: Microsoft to wind down Nokia's feature-phone biz to focus on Windows Phone

Microsoft is going to wind down Nokia's Asha and Series 40 feature-phone businesses over the next 18 months to focus solely on devices running Microsoft's Windows Phone platform, according to an internal company memo. The decisions come as part of Microsoft's decision to cut 18,000 jobs, including 12,500 former Nokia workers, the largest restructuring in the company's history.

Microsoft's Nokia job cuts reflect a shift away from devices

The job cuts Microsoft made to its Nokia devices business were not surprising, and they reflect Microsoft CEO Satya Nadella's drive to change Microsoft into a software and services company that enhances productivity for enterprises and consumers through its platforms. Devices will still be a part of Microsoft, but they will be used for a specific purpose: to showcase the best Microsoft experience, primarily in high-end gadgets.

Microsoft to slash 18,000 jobs, many of them former Nokia workers

The axe is falling for former Nokia handset workers. In its largest round of layoffs to date, Microsoft  said it will cut up to 18,000 jobs this year, or 14 percent of its workforce. It is expected that many of those cuts will be to employees the company acquired when it bought Nokia's devices and services business for around $7.4 billion.

Sprint cuts at least 1,400 jobs at call centers, other areas

Sprint is cutting at least 1,400 jobs across the country, and perhaps more, as it closes call centers, trims jobs related to refurbishing phones and shuts down underperforming retail stores.

Verizon Wireless' new call center reshuffling will affect 5,200 workers

Verizon Wireless is reorganizing its call centers and closing some facilities, meaning 3,000 workers will need to either apply for different jobs, relocate or take a buyout package. An additional 2,200 workers are being shifted to locations nearby the ones that are being closed.

Sprint to take $165M charge for job cuts

Sprint said it will book a $165 million charge in the fourth quarter related to job cuts, but did not reveal how many employees it plans to cut as part of a restructuring.

Orange to cut up to 2,950 employees in Poland by 2015

Orange-controlled group Telekomunikacja Polska SA (TPSA) said it plans to cut up to 2,950 employees in Poland by 2015 through voluntary redundancies, as part of plans to cut the company's headcount to around 15,000 people by 2016 in order to meet the challenges of a tough competitive environment.

Report: Qualcomm cutting a small number of jobs

Chip giant Qualcomm is planning a small number of layoffs, but the precise number is not known, according to a  GigaOM  report.

Alcatel-Lucent posts smaller Q3 loss as cost cuts take hold

Alcatel-Lucent reported a narrower loss for the third quarter amid rising revenue. The results indicate that the vendor's massive new cost-cutting plan is starting to take hold as it tries to nurse itself back to health as a smaller company.
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