Articles about Job Cuts

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Fujitsu says 1,800 UK job cuts needed to boost ailing margins

Fujitsu’s plans to axe 1,800 jobs in the UK despite making £86.5m in profit last year is a necessary boost to margins which are “significantly below market expectation” – the firm’s UK and Ireland chair Michael Keegan has said. The Unite union announced fresh strike action at the firm’s Manchester site today to coincide with …
Kat Hall, 16 Nov 2016

Fujitsu Voice is no more: Employee works council shuttered as job cuts loom

Fujitsu slashed the vocal chords of its UK employee consultation committee before it confirmed to personnel that mass redundancies were to take place, El Reg can reveal. Some 1,800 of the rank and file were told their jobs were being put "at risk" earlier in October, but sources told us that just prior to this they’d been …
Paul Kunert, 20 Oct 2016
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Intel preps for layoffs: Chipzilla sharpens axe for deep job cuts

Job queues in Intel’s home state of Oregon are to swell in 2016 with Chipzilla steering thousands of workers to the chopping block. So claimed local paper The Oregonian, where Chipzilla is headquartered, with the employee cull said to start after Intel reports its Q1 numbers next week. According to the loquacious sources the …
Paul Kunert, 19 Apr 2016
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VMware to 'axe 900 jobs'

VMware is mimicking cost-cutting actions at alpha shareholder EMC by pushing through its own job cull: 900 roles, to be specific, or some five per cent of the 18k-strong global workforce. The axe is being shined by Virtzilla, reportedly to counter a weaker sales pipeline and share price drop. Let’s face it, nothing gets …
Paul Kunert, 25 Jan 2016
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IBM union: OK guys, you've beaten us down, we give in

The sole unionised outpost trying to give a voice to IBM workers Stateside has frozen campaigns, citing sustained job cuts and a resulting drop in membership as the reasons. Alliance@IBM was set up in 1999 to organise protests against redundancies as Big Blue started to move more roles, particularly in manufacturing and …
Paul Kunert, 6 Jan 2016

Citrix to axe 1,000 workers, tells GoTo to go to someplace else

Citrix has announced plans to lay off 1,000 employees as part of a corporate reshuffling that will also include spinning off its GoTo brand. The IT giant said it would be letting the GoTo family of products, including GoToMeeting, GoToAssist and GoToMyPC, cast off on their own as a standalone operation. Citrix said the spinoff …
Shaun Nichols, 17 Nov 2015
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BLABBERGEDDON BEGINS! Twitter lays off 8% of its workforce

Twitter has confirmed that it will cut loose more than 300 employees as the profitless company attempts to claw back costs and push for user growth on the struggling site. The firm, whose old CEO Jack Dorsey returned to run Twitter last week, said in a US Securities and Exchange Commission regulatory filing that – as a result …
Kelly Fiveash, 13 Oct 2015
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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
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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
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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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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 …
Neil McAllister, 10 Jun 2015
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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
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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, 6 Mar 2015

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
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Cisco COO: 'I actually thank God that we had a crisis'...

Cisco's chief operations chappie has a heart of gold: Gary Moore has thanked the big man upstairs - not his boss - for the economic meltdown that forced it to send thousands of workers to the scrap heap. In summer 2011, the networking giant was getting sweaty under the collar about dragging its costs more in line with revenues …
Paul Kunert, 5 Jun 2014

Cost-cutting Barclays bank swings axe on 5,600 IT and ops bods

Barclays will axe about 5,600 IT and operations staffers in 2014 in a massive restructuring effort. The at-risk techies work across the retail and investment arms of the British banking group. The plan is to achieve £1.6bn in savings by scrapping about 14,000 full-time staff over the next 12 months, a move unveiled on Thursday …
Gavin Clarke, 8 May 2014

CSC: Brits, say hi to your new UK boss – say bye to 750 coworkers

On the day stumbling US giant CSC named the latest person to sit in its UK hot seat, it also told 750 of its workers in Blighty they are at risk of redundancy, The Channel can reveal. The mega-integrator, which presided over a good chunk of the bungled £10.1bn NHS National Programme for IT, confirmed former Cognizant senior …
Paul Kunert, 29 Apr 2014
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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, 3 Apr 2014

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