Articles about Job Cuts

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Job cuts klaxon: SAP axes 2,200 staff, denies 'cost cutting' to blame

Europe’s largest software firm is reportedly cutting up to three per cent of its workforce. SAP’s HR chief Stefan Ries has told Bloomberg the enterprise giant is cutting 2,000 staff. The firm's total headcount is 74,406. Its chief executive Bill McDermott announced its second round of job cuts in less than a year. When …
Gavin Clarke, 06 Mar 2015
eBay

eBay planning massive job cuts following PayPal split – report

Holiday good cheer may be short-lived for eBay employees this year, many of whom could reportedly lose their jobs not long after the Christmas shopping season. According to The Wall Street Journal, the online tat bazaar is considering cutting as much as 10 per cent of its workforce in the New Year, with most of the 3,000 layoffs …
Neil McAllister, 11 Dec 2014
Microsoft CEO Satya Nadella

More Microsoft staffers shown the door in Round 3 of job cuts

Microsoft sent another 3,000 staffers packing on Wednesday, after the third round of layoffs in CEO Satya Nadella's multi-phase restructuring program. The Seattle Times reports that 638 employees in and around Microsoft's Puget Sound headquarters lost their jobs, with the remainder coming from various sites around the globe. By …
Neil McAllister, 29 Oct 2014

SAP tightlipped on job cuts in cloud rejig bid

SAP is swinging the axe and cutting a number of staff as it re-shapes itself as a provider of cloud services. The software biz would not say how many of its 66,750 employees will be laid off as part of its latest restructuring exercise, nor when the jobs would go – but called the losses “unavoidable”. Yet the company claimed it …
Gavin Clarke, 14 May 2014
Bloody Serial Killer Shower Curtain

Bloodied SanDisk preps for job cuts after market reading mis-steps

Comment SanDisk said its Q1 numbers were going to be bad, and bad they were, with revenue and profits drops due to an embedded component material screw-up and execs not seeing where the market was going. Job cuts are coming. What’s happened is that SanDisk fell short in the enterprise market, mis-read trends, and then discovered it …
Chris Mellor, 16 Apr 2015
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IBM job cuts: Big Blue starts 'slaughter' of Indian and European workforce

IBM has begun slicing away at its workforce in India and Europe, as the company tries to shift its business to more lucrative, higher-margin technologies. The job cuts were confirmed by a representative for the IBM Union Alliance to The Register by email on Wednesday after a report was published describing a mass layoff in India …
Jack Clark, 12 Feb 2014

Citrix – Sorry, we didn't realise job cuts would knacker results

Citrix dropped the ball in Q1 by underestimating the short-term effects of chopping hundreds of staffers as part of a company-wide restructure, and the challenge posed by the swollen dollar. The firm previously warned shareholders and Wall Street analysts a fortnight ago that sales and earnings per share would come in lower than …
Paul Kunert, 23 Apr 2015
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Unite: HP 'addicted to culture of job cuts' as axe raised again

The brothers at Unite have slammed HP for being a "long term addict to a culture of job cuts" as the union bemoaned the loss of a claimed 1,124 UK staffers due to collect their P45s by January. The redundancies are part of the 7,100 mass layoffs across Europe that HP is pushing through before the end of the current fiscal year …
Paul Kunert, 04 Dec 2013
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IBM jobs axe: 'The cuts have STARTED and are spreading' sigh staff

Word has it that IBM's latest big staff purge is now underway, with former Big Blue workers reporting that they have been handed pink slips along with kits describing their severance packages. Rumors that IBM was planning major job cuts were flying fast and furious this week, following a Forbes editorial that claimed the firm …
Neil McAllister, 28 Jan 2015
BlackBerry Passport

BlackBerry boss John Chen: We're FINISHED (with the job cuts)

BlackBerry has finished its long and painful restructuring process – and is even considering adding new employees. That's according to a leaked staff memo apparently sent by BlackBerry chief exec John Chen. In the file, he wrote that the process of laying off workers, which started three years ago, has now come to an end: "We …
The Register breaking news

No way Moto: Chinese workers protest Google job cuts

Motorola employees in Beijing and Nanjing were out this morning protesting the job cuts announced by Google earlier this week. More than 150 people demonstrated outside the Motorola company office in the Chinese capital, after Googorola said that it would be slashing 20 per cent of its workforce, Chinese news website Sina …

Official: MoJ IT workers on STRIKE over outsourcing job fears

Back office admin staff working at the MoJ's two Shared Service centres are to down tools next week over fears of job cuts. This follows the department's decision to outsource the work to a business owned by French integrator Steria. Staff at the centres in Newport and Bootle run payroll, personnel and finance for the 90k people …
Paul Kunert, 25 Jun 2014
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Siemens expected to announce job cuts, closures

Siemens chief Peter Loescher will outline a plan today on how the industrial tech giant will attempt to save up to €4bn ($5.2bn, £3.2bn), one that is widely expected to include jobs cuts and office closures. Despite the German economy's strength compared to the rest of Europe - or even arguably most of the world - global hard …
HP

Whitman said to be planning massive HP job cuts

New(ish) HP CEO Meg Whitman has been at the helm for long enough to come up with a longer-term plan for the company, and according to various rumors, her plan will look eerily familiar to HPers who remember the early years of ex-CEO Mark Hurd: job cuts, predominantly in services. According to a report on CNBC television, HP is …
CapitaITServices

Capita ITS ditches UK job cuts, offshoring dream

Capita IT Services has finally shelved its plans to offshore jobs and make compulsory redundancies in 2013. In August just 84 unionised workers at the reseller-cum-integrator threatened industrial action over moves to send part of the service desk to India and push through job cuts across the wider organisation. Then last month …
Paul Kunert, 14 Sep 2012
The Register breaking news

Furious HP staff stage protest over job cuts

Photo HP staff downed tools at the SIMO Network 2011 conference in Spain this week to protest against job cuts. hp_stop_layoffs_protesters If you're HP and you know it, wash your hands... An El Reg contact kindly took a photo as disgruntled workers took to the HP stand on 5 October only to lie down clasping placards urging their …
Paul Kunert, 07 Oct 2011

Unions mull appetite for HP strike action over 16k job cull

Trade unions are this morning digesting the revelation that another 16,000 HP workers are headed for the dole queue, as confirmed by CEO Meg Whitman. The exec revealed that thousands of more names will be added to the existing job cutting programme dubbed "Make It Better" that started in 2012 and initially included 27k, 29k, 34k …
Paul Kunert, 23 May 2014
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Unions urge under-fire HP workers to 'resist' job cuts

Unite and the Public Services Commercial (PCS) unions will form a tag team to "use every means possible" to safeguard the jobs of 1,600 HP UK employees under risk of redundancy. The tech monster revealed late last night that it is hitting the eject button for 27,000 workers worldwide – including Autonomy founder Mike Lynch – by …
Paul Kunert, 24 May 2012
Fujitsu Oakleaf-FX PrimeHPC super

5,000 job cuts later: Fujitsu boss says bloodletting's almost over ... for now

Fujitsu Forum Fujitsu’s international boss said the company was substantially through a painful transformation that saw it shed 5,000 staff, as the firm kicked off its customer shindig in Munich with a raft of storage and cloud announcements. Now all the remaining staff have to do to keep their jobs is get stuck into pushing the cloud and the …
Joe Fay, 05 Nov 2013
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Cost cutting at Arrow ECS as senior accounts bods exit

Arrow ECS is integrating its UK sales desk with the team at Computerlinks, and in the process has decided to trim costs by getting rid of some senior account directors. Sources tell us seven experienced hands including Mark Chippendale - who spent more than a decade covering key accounts - were recently made redundant by the …
Paul Kunert, 09 Apr 2015
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HP workers halt legal fight against bosses over 29,000 job cuts

HP employees have "withdrawn" legal action against the company and agreed to return to the negotiating table to hear CEO Meg Whitman's plan to cut 29,000 jobs. The collective of HP workers, who are supported by numerous unions, sued the vendor and claimed it had not properly consulted staff and made the redundancy process …
Paul Kunert, 01 Feb 2013
The Register breaking news

Panasonic pledges big job cuts

Consumer electronics giant Panasonic is cutting 35,000 jobs in the next three years as it tries to reinvent itself and its corporate culture. Even after the cuts Panasonic will have 350,000 staff. The reorganisation will change management structure from five divisions based on platforms. Instead Panasonic will be run as three …
John Oates, 28 Apr 2011
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Ingram Micro considers job cuts on EMEA slowdown

Ingram Micro will likely initiate a redundancy and cost-cutting programme in EMEA if the consumer market remains stuck in a rut. The IT wholesaler said that retail, which accounts for 25 to 30 per cent of its sales in the region, was "down substantially" in Q2 following three quarters of a "weak consumer story". CEO Greg …
Paul Kunert, 29 Jul 2011
The Register breaking news

NHS IT fiasco workers threaten lunch-hour revolt over job cuts

Updated IT bods working on the car-crash NHS patient records project will stage a protest during Thursday lunchtime over compulsory redundancies at their employer, CSC. As Computer Sciences Corporation's contract with Blighty's health service grinds to a messy end, the Virginia-based firm announced it will axe 500 jobs in the UK - 30 …
Anna Leach, 18 Apr 2012
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European HP workers take IT giant to court over 'high handed' job cuts

HP's European Works Council* is suing the firm and terminating its works council agreement with the global giant, claiming HP has obstructed the European consultation process over its mega redundancy programme. It now plans to negotiate a new agreement under more recent legislation. Globally around 27,000 29,000 HPers will …
Paul Kunert, 12 Nov 2012
CSIRO's giant titanium bugs

CSIRO carves out another 75 jobs

The CSIRO has had to announce yet more staff cuts after one of its divisions failed to meet an external funding target. According to the CSIRO Staff Association, the digital productivity flagship is one of the agency's targets for the cuts, along with researchers in agriculture and advanced manufacturing. The latter is the home …
The Register breaking news

Lloyds aims 15,000 job cuts at IT and back office

LloydsTSB is cutting another 15,000 jobs but will not be shutting branches as part of its strategic review. The main targets will be back office staff, a press officer confirmed but was unable to give further details. It is not shutting branches except as part of Project Verde – the EU-mandated scheme to sell off 632 branches, …
John Oates, 30 Jun 2011
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Microsoft set to make small job cuts, says report

Microsoft is reportedly set to lay off more staff, although the number of people expected to be shown the door is relatively conservative given the size of the company. According to Todd Bishop over at TechFlash, the software vendor could announce the job cuts later today. Redmond, which currently employs 88,596 workers, will …
Kelly Fiveash, 07 Jul 2010

IT biz bosses are 'BIGGEST job cutters' in the US

Not only does automation help companies reduce their payrolls, the relentless competition among IT and telecom equipment and service suppliers - and the drive to ever-higher profit levels - is causing them to shed workers instead of adding them. So says the headhunters and employment analysts at consultancy biz Challenger, Gray …
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Sharp to slice 11,000 job in bid to slash losses

Struggling Japanese electronics giant Sharp is set to cut nearly 11,000 jobs, double that originally feared, as well as offload some overseas factories and reduce wages in a desperate bid to haul itself out of the red by next April. Japanese news wire Kyodo claims to have seen the Osaka-based consumer electronics firm’s …
Phil Muncaster, 26 Sep 2012
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Capita job cuts, offshoring 'driven by expectations', says MD

Capita IT Services (CITS) boss Mark Quartermaine told staff the rapid expansion of the group through acquisition and more recently a slow down in sales led to the redundancy programme. As exclusively revealed by The Register, the public sector IT supplier informed 1,000 staff - more than 26 per cent of its total workforce - that …
Paul Kunert, 02 Apr 2012
IBM Headquarters, Armonk, NY

Soz, HP. IBM has out-mega-dealed you – tech analyst

Having hoovered up a number of megadeals last year, IBM has left rival HP eating its dust in the infrastructure space, according to an analyst report. In December IBM announced a $1bn (£644m) deal with German airline Lufthansa, a win with global comms company WPP for $1.25bn (£800m), and said it had scored undisclosed deals …
Kat Hall, 26 Feb 2015
IBM CEO Ginni Rometty

Tough at the top: IBM CEO Ginni Rometty troughs $10 MEELLION+

It may not be the best time to be one of the great unwashed at IBM but it certainly pays to be on the exec team, particularly if your name is Virginia Rometty. At a time when Big Blue is cutting its cloth according to the new era of cloud, mobility, social, analytics and security by chopping thousands of job, the CEO got a …
Paul Kunert, 02 Feb 2015

Do YOU work at Microsoft? Um. Are you SURE about that?

What is being described as the "biggest round of job cuts" to hit Microsoft for five years is on its way, or so we've been told. The software mammoth “could” unveil staff cuts that were alluded to by chief executive Satya Nadella in his flabby PR-authored communication last week. The cuts are reported to be the biggest in five …
Gavin Clarke, 15 Jul 2014
The Register breaking news

Union damns HP job cuts

The Unite union has damned HP for cutting close to a thousand jobs from its UK workforce. The union said the loss of 934 jobs contradicted the government's recent claims that public sector job losses would be offset by gains in the private sector. Unite predicted HP would cut another 1,000 UK jobs in the next financial as part …
John Oates, 07 Jul 2010
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IBM job cuts go compulsory

The job-cutting process at IBM UK has changed from voluntary to compulsory. Managers at IBM Global Services in the UK were originally looking for volunteers to cut head count by about 500. But even though they got more than this number of volunteers the process is going to become compulsory for some people. A source told the …
John Oates, 12 Apr 2010
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US workforce expands as more job seekers seek jobs

The US is still buzzed with its July 4th hangover, but the Bureau of Labor Statistics is open for business, delivering some good news: over the past three months, despite government job cuts, private-sector employers added enough jobs to keep pace with population growth. According to the June jobs report, the US economy added …
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Juniper Networks waves axe at 6% of workforce

A twitchy Juniper Networks can't seem to sit still for very long before wielding the job-cuts axe. This time it's letting go of six per cent of its workforce around the world. Hundreds of employees are set to be let go just months after the company's last round of layoffs in October last year. Juniper Networks said that staff …
Kelly Fiveash, 03 Apr 2014

Sprint starting mass layoffs to 'improve operational efficiencies' in mobile network

Workers at third-ranked US mobile network Sprint will have a nervous month as large numbers of them are going to be getting the call to "Come into the HR office please, and bring your key card." On Friday, the company made a regulatory filing in which it said it would be setting aside $160m to cover the cost of the layoffs, …
Iain Thomson, 04 Oct 2014

Microsoft swings axe at 18,000 bods in its largest ever round of layoffs

Microsoft is preparing to lay off as many as 18,000 workers – the biggest loss of heads in the software giant’s history – and the Nokia unit is bearing the brunt. Microsoft CEO Satya Nadella said Thursday it would cut 14 percent of its 127,000-strong workforce over the next 12 months. It dropped the news before the markets …
Gavin Clarke, 17 Jul 2014
A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

Micro Focus guillotine will fall more frequently on Novell necks

Novell seems to be bearing the brunt of the mammoth restructuring that parent company Micro Focus is currently executing, say our sources close to the situation. This week, Micro Focus issued a profit warning based on the strengthening dollar and went public on a review of the group – trading brands include The Attachmate Group …
Paul Kunert, 10 Apr 2015
The Register breaking news

Job cuts on the rise

The number of companies expecting to make people redundant in the first quarter of this year is expected to rise sharply. Figures from KPMG and the Chartered Institute of Personnel and Development show private sector jobs might help offset public sector cutbacks - but overall two out of three employers expect to have less staff …
John Oates, 14 Feb 2011

IBM to cut '118k jobs worldwide' – report claims

Updated IBM is reportedly planning to jettison 118,000 workers to counter 11 quarters of declining sales and the impact of shifting industry demand – which, if true, would make it one of the biggest corporate culls on record. El Chan recently broke the huge divisional revamp at Big Blue in a worldwide exclusive, with a series of new …
Paul Kunert, 26 Jan 2015
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Coms: Yes, we DID appoint advisors to flog off our voice biz

Troubled London-listed Coms plc has publicly stated it is working with a business advisor to carve off part of its operation, following an El Chan report that it called upon Knight Corporate Finance (KCF) to sell its voice division. As revealed by us on Friday, Paul Billingham, founder and joint partner at KCF, was told to get …
Paul Kunert, 20 Apr 2015
Monster Beats Pro

Dr Dre's crew gets Beats-down from Apple: 200 jobs to go – report

Apple is planning to axe around 200 people from its new acquisition Beats Electronics, according to reports. Both Bloomberg and 9to5 Mac had folks whispering in their ears that the fruity firm would be making the job cuts now that its $3bn slurp of the headphones and music streaming biz was well underway. The deal was recently …
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IT job creation bucks up US economy

The US economy added more jobs than economists had been expecting in July, according to a report released Friday from the Department of Labor, and the IT sector did its part to push up the numbers once again as it has since the beginning of the Great Recession five years ago. According to the July jobs report (PDF), the private …
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Dixons Carphone bye-bye'd 800 staff since merger

Some 800 UK staffers have been made redundant or put at risk of redundancy since the mega merger between Carphone Warehouse and Dixons Retail, The Channel can reveal. This includes 400 staff at Dixons’ Hemel Hempstead-based HQ that did not want to relocate to Carphone’s equivalent office in Acton, a driving distance of a little …
Paul Kunert, 06 Jan 2015
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Sage workers braced for job cuts

More job losses are predicted at Sage when the firm announces its financial results tomorrow. Last month the accountancy software provider offered UK staff voluntary redundancy as part of a cost cutting programme. The Newcastle-based firm employs 2,200 people in the UK and 14,000 in total worldwide. The Sunday Times predicted …
John Oates, 05 May 2009
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HP job cuts hit Scotland

Ink giant HP is sacking 850 people at its plant in Erskine, Renfrewshire because production of servers and storage devices is moving to the Czech Republic. Some 1,300 people are employed at the plant. Staff are expected to be told the news later today; a spokeswoman for HP confirmed to the BBC that a meeting was being held this …
John Oates, 28 May 2009
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Sprint will KILL OFF WiMax in 2015 – report

Third-ranked US mobile network Sprint appears to be poised to kill off its implementation of its less-regarded 4G technology, WiMax. According to a newsletter from the wireless provider leaked to Android Central, the date for the closure of the service is 6 November 2015. The spectrum it frees up – along with the spectrum …
Simon Rockman, 06 Oct 2014