Articles about Job Cuts

Axe, image via Shutterstock

Bloodthirsty Microsoft prepares for imminent 'major' job cuts

Microsoft is sharpening the axe for a "major" round of job cuts, according to a report. The New York Times reckons on a fresh round of layoffs on Wednesday (July 8) but there were no more details. Microsoft is reported to have not commented. Any cuts would come on top of the 18,000 already drawn up. Cuts are expected to fall …
Gavin Clarke, 08 Jul 2015

Like your job at Sprint? Yeah, about that ... $2.5bn in cuts coming

US mobile carrier Sprint plans to tighten its belt to the tune of up to $2.5bn in cost cuts over the next six months, a new report claims. The Wall Street Journal said on Thursday that it has obtained a memo outlining the plan that was sent to Sprint staffers this week by CFO Tarek Robbiati. In it, Robbiati reportedly said he …
Neil McAllister, 02 Oct 2015
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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
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

CSC insiders: 800 job cuts will hit service delivery for punters

CSC is pressing ahead with plans to axe hundreds of workers, brushing aside concerns from some employees that customers are already feeling the pinch of past cost cutting actions. In what has become an annual ritual for CSC, almost 800 employees were put at risk of redundancy in May, with their roles earmarked to be sent to …
Paul Kunert, 23 Jun 2015
Axe, image via Shutterstock

Intel sharpening axe for job cuts this month – report

Intel is planning a major, company-wide staff reduction later this month, sources inside the company claim. Portland's The Oregonian newspaper claims to have obtained a confidential internal Intel document explaining that the company plans to keep its expenses flat in 2015, which will include reducing headcount by an unspecified …
Neil McAllister, 10 Jun 2015
HP Logo splitting in two

HP going public on more job cuts, say expectant analysts

HP CEO Meg Whitman is to brief financial analysts Stateside later today on the commercial forecasts post split, with Wall Street types also expecting detailed news of more jobs cuts on the Enterprise Services side. The company breaks apart legally from the 1 November, forming HP Inc (PC/printers) and HP Enterprise (the rest of …
Paul Kunert, 15 Sep 2015

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
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Kelway new owner CDW tells staff to rest easy. Job cuts? Nah

The great unwashed at Kelway could be forgiven for checking their backs after CDW acquired the reseller yesterday, but job cuts or office closures are not part of early integration plans, or so say the new bosses. The world’s largest tech reseller – CDW won 3,000 new punters in Q2 alone compared with the 4,600 in total that …
Paul Kunert, 04 Aug 2015
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
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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
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

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

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
Crying girl being comforted by a woman

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

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 …

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 …

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 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

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
Axe, image via Shutterstock

HP Enterprise will axe 25,000 to 30,000 staff

HP will cut between 25,000 and 30,000 jobs amid its restructuring overhaul. The troubled IT giant told analysts in San Jose, California, on Tuesday it will have to make the redundancies as part of an effort to trim $2.7bn from its books. The axe will fall in Hewlett Packard Enterprise, which is one half of the HP split that …
Shaun Nichols, 15 Sep 2015
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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Toshiba CEO: Yeah, we MAY need to chop some heads

Toshiba is looking to take “urgent action” across its PC and TV business that may well involve cutting jobs, according to the chief executive. The scandal-hit Japanese corporation last month reported declining sales and widening losses in its Lifestyle Products and Services division that houses clients devices. This followed …
Paul Kunert, 01 Oct 2015
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

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
For Sale sign detail

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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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

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
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AMD CEO: We're jumping back into cost-cutting mode

AMD has confirmed it is slipping back into cost-cutting mode after its annus horribilis, caused by tanking demand for consumer PCs in a quarter described by CEO Lisa Su as the “revenue trough” for 2015. As the headline figures revealed last night, there was little to cheer up AMD or investors; revenue dropped eight per cent …
Paul Kunert, 17 Jul 2015

Microsoft SLASHES 7,800 bods, BURNS $7.6bn off books in Nokia adjustment

Microsoft will carry out one of its largest rounds of job cuts and a record book writedown in a restructuring plan that calls time on its ill-fated Nokia acquisition. The Windows goliath confirmed on Wednesday (July 8) that 7,800 staff will go, primarily from its phone hardware business – the Nokia devices and services unit it …
Gavin Clarke, 08 Jul 2015
hands waving dollar bills in the air

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
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ACCC hopes to SLASH rural backhaul prices

In a move that Vulture South's crystal ball suggests will be hotly resisted by Telstra, the Australian Competition and Consumer Commission is proposing that rural backhaul costs be slashed. Backhaul – in ACCC parlance, the Domestic Transmission Capacity Service, or DCTS – has long been a thorn in the side for anyone wanting to …
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
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 …

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 …

EMC UK channel overlord Poole exits role but not company

Ten months into Russell Poole’s chairmanship of EMC’s Brit channel and he trekking into Europe to take on a more lofty role in the organisation. Poole replaced Terry Beale last August as the local channel chief, adding the reseller and distribution badges on his lapel to existing service provider and public sector …
Paul Kunert, 18 May 2015
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

HP Enterprise Services staff jog on, waving fat redundo cheque

HP has waved goodbye to a bunch of Enterprise Services staffers across Europe as it edges closer to the end of a multi-year job culling exercise and the big corporate split. Some 55,000 employees will have left the grand old lady of tech by the end of October when the programme – launched in 2012 – crosses the finishing line. …
Paul Kunert, 12 May 2015
Sharp Aquos LC-60LE636E

 big screen television

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
Angry Birds 2 poster

Angry Birds maker Rovio takes aim at staff, axes a third of them

Angry Birds maker Rovio has announced plans to lay off 260 employees. The Finnish mobile-games-developer-turned-entertainment-franchise said on Wednesday that roughly one third of its work force will be cut as it narrows its focus on its core games and media businesses. "This is personally a difficult decision," said Rovio …
Shaun Nichols, 26 Aug 2015
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Daisy Group seals Phoenix IT Group buy, exec set for exit

Some execs at LSE-listed Phoenix IT Group are edging toward the exit, El Chan can reveal, after the proposed takeover by Daisy Group today got the official rubber stamp. The approach from privately owned Daisy came in May when it offered 160 pence per share for Phoenix in a transaction that valued the equity at £135m. The …
Paul Kunert, 16 Jul 2015
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
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

HP Inc to pink-slip 3,300 workers amid biz-split bloodbath

HP Inc – the bit of HP that makes printers and PC – will shed 3,300 jobs, it was revealed on Tuesday. HP is splitting in two formally on November 1, forming Hewlett Packard Enterprise and HP Inc. HP Inc, which will be based around HP's personal systems and printing groups, will report $6.8bn total debt when it begins operating …
Shaun Nichols, 16 Sep 2015

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
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Staff at stumbling server storage supplier QLogic brace for big layoffs

QLogic, swaying in the doorway with a tatty photocopy of its lousy prelim results in hand, has warned staff they will be axed to cut costs. A couple of weeks ago, the server-storage connectivity card vendor signaled poor first fiscal 2016 quarter results were coming: sales will be up to $19m lower than the most optimistic …
Chris Mellor, 21 Jul 2015