eBay has announced that it will be laying off 10% of their workforce and that while they do expect to hit their third quarter forecast it will be at the low end.
The cutbacks means about 1,000 employees and several hundred temporary workers will be out of a job.
[Via Reuters]
Filed under: layoffs, tech | Tagged: cut, ebay, employees, jobs, layoffs, slashed, tech | Leave a Comment »
In May HP acquired Electronic Data Systems (EDS) and as a result the company says that it will be laying off 24,600 people over a three year period, or roughly 7.5% of the combined HP and EDS workforce.
It’s not clear whether the bulk of the layoffs will come from the HP or EDS side. Regardless, [...]
Filed under: layoffs, tech | Tagged: eds, electronic-data-services, electronicdataservices, hp, layoffs, tech | Leave a Comment »
According to a tipster for Valleywag, on August 20th big layoffs are coming to AOL’s technology operations.
If the information is correct, AOL will be “selling their MTC & DTC data centers and will be contracting all of the services out to Emcor. There are way too many managers and a lot of them are expected [...]
Filed under: layoffs, rumors, tech | Tagged: aol, datacenter, layoffs, reduction, tech | Leave a Comment »
After reporting a net loss of $38.4 million in their second quarter, video game developer and publisher Midway Games has announced that it is laying off 90 of 130 people from their Austin location in a plan to “allow Midway to maximize its development resources and apply manpower and capital to projects with the highest [...]
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Bell Canada, Canada’s largest telecommunications company, has announced that they will be laying off 2,500 managers, roughly 15 percent of them, to streamline the company a bit and reduce the management hierarchy from 11 layers to no more than 8.
These cuts, combined with some earlier executive-level job cuts, will save the company around $300 million [...]
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Sony Ericsson has reported an operating loss of $3.1 million in the second quarter, a huge change from Q2 last year where the company posted a profit of $500 million.
As a result, the company has announced that it will be reducing it’s workforce by roughly 2,000 people worldwide over the coming year to try and [...]
Filed under: layoffs, tech | Tagged: cuts, ericsson, layoffs, loss, reduction, sony, tech | Leave a Comment »
Video game developer Flagship Studios, creators of the game Hellgate: London, has apparently been hit by a big layoff.
The company hasn’t released any official statements yet but according to someone allegedly close to the situation “nearly everyone” has been laid off.
The company was founded by former Blizzard North employees including Bill Roper, Max Schaefer and [...]
Filed under: layoffs, video games | Tagged: blizzard, diablo, flagship, flagshipstudios, hellgate, layoffs, studios | Leave a Comment »
Effective July 1st, Motorola Labs is laying off 120 of their 600 employees and reassigning another 180 to individual business units. The remaining 300 will become a new, smaller unit called “Applied Research & Technology Center”.
No comments from Motorola about the move but they did confirm a reorganization.
In a statement, the company said, “this direct [...]
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Though LucasArts has yet to confirm this, multiple sources are indicating that the company has in fact laid-off approximately 50-100 of its employees, including their vice president of Production Development, Peter Hirschmann.
If it is true it could be because the company believes it can make more money by licensing rights to Star Wars and [...]
Filed under: layoffs, rumors, video games | Tagged: game, indiana, jones, layoff, lucasarts, rumor, star, video, wars | 1 Comment »
Valleywag is reporting that online video company Akimbo is closing its doors.
The San Mateo, California, based company had initially focused on set top boxes raised $4 million just three months ago to go a different direction.
They had initially attempted to raise $8 million but were only able to raise half of that.
Unfortunately that direction ended [...]
Filed under: layoffs, tech | Tagged: akimbo, funding, layoff, tech, video | Leave a Comment »
