Articles about Job Cuts

Acer's PC Phone, the Jade Primo

Return of the Pocket PC: Acer shows off Jade Primo PC Phone

IFA 2015 Acer will release the "Jade Primo" PC Phone later this year, running Windows and taking advantage of Microsoft's Continuum feature to behave like a PC when connected to an external display, keyboard and mouse. "The goal is to extend the Windows experience from mobility to desktop. It is an important step towards the vision of …
Tim Anderson, 02 Sep 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

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

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 …
homeless man with sign

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
Satya Nadella and Stephen Elop

BOOM! Stephen Elop shuffled out of Microsoft door

Ex-Nokia chief Stephen Elop is officially out of Microsoft. Redmond announced the cull of top execs at the software company in the past hour, and Elop is the most high-profile victim of the bloodletting. Elop, Kirill Tatarinov and Eric Rudder will be leaving Microsoft following a handover period at the firm. It means that the …
Kelly Fiveash, 17 Jun 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
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

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
£10 notes. Pic: Howard Lake

Oh no! That's another year you didn't grow, KCOM

Brit telco KCOM Group has reported top line shrinkage for the seventh consecutive year, this time blaming problems on “legacy activities” while unsurprisingly pinning its future on cloud services glory. The tech integrator/ comms provider reported a 6.1 per cent fall in revenues to £347m for the year ended 31 March - the last …
Paul Kunert, 05 Jun 2015

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
The Register breaking news

Job cuts start to bite at Barclays

Barclays Bank is cutting 200 jobs from its IT department, but the bank is hoping it will reduce the number of redundancies originally announced. The redundancies are from its Global Retail and Commercial Banking department. We received an email from a Barclays worker which said 200 permanent jobs in technology and shared …
John Oates, 11 Jun 2009
bls_jobs_image bureau of labor statistics

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 …
windows 10 microsoft one windows

Microsoft giving up on phones? Naaahh ... Windows 10 Mobile lumbers toward release

Microsoft has released a new preview build of Windows 10 Mobile, the version of the new OS for phones, and it has the same build number as the current version for desktop PCs. That doesn't mean it's equally close to release, though. While Microsoft has committed to a July 29 release date for the PC version, it has made no …
Neil McAllister, 10 Jul 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

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

Huge jobs loss to follow public sector cuts

Half a million private sector jobs are likely to be lost as a result of public sector spending cuts. Predicted public sector cuts could mean 186,000 fewer jobs in business services and 47,000 fewer people employed in transport and communications. Add to that job losses from the construction, manufacturing and hospitality sectors …
John Oates, 13 Oct 2010
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 …
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

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
Shopping trolley. Pic: Mikey, Flickr

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

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
The Register breaking news

Credit Suisse and HSBC announce job cuts

Back-office and IT staff are among those leaving Credit Suisse and HSBC after the banks announced job cuts yesterday. Credit Suisse is cutting 10 per cent, or 650 positions. HSBC will cut headcount by 500. Many banks are now in their second or third round of cuts and some have also taken action by cutting contractor rates - …
John Oates, 03 Dec 2008
Intel headquarters, Santa Clara

Intel beats earnings estimates (because nobody expected it to earn much)

Punch-drunk Intel staggered along in the second quarter of its fiscal 2015 and somehow managed to outperform analysts' estimates, even though its results looked even worse than the previous quarter's. Total revenue for the three months that ended on June 27 was $13.2bn. And while that was better than Wall Street hoped for, it …
Neil McAllister, 15 Jul 2015
The Register breaking news

Job cuts move from private to public sector

Just as confidence is starting to stabilise in the private sector, so employment prospects in the public sector seem to be getting worse. A survey from the Chartered Institute of Personnel and Development and KPMG found fewer firms are expecting to lay people off, and those that are planning to do so expect to make smaller cuts …
John Oates, 10 Aug 2009
Sprint WiMax Coverage map

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
The Register breaking news

Gloomy forecast, job cuts, product delays at RIM

Research In Motion (RIM) has issued a profit warning, plans to cut the workforce and delay product launches amid fierce competition from smartphone rivals. The BlackBerry and PlayBook maker grew 2012 fiscal first quarter revenues 16 per cent year-on-year to $4.9bn (£3bn) as profits slid nine per cent to $695m. But on a …
Paul Kunert, 17 Jun 2011
The Register breaking news

Merrill Lynch confirms IT job cuts

Merrill Lynch CEO John Thain has confirmed that the search for $7bn in cost cutting was likely to mean thousands of job cuts at the firm following its takeover by Bank of America. Thain said the integration process had already begun after the $50bn bail-out. "Most jobs will go on the infrastructure side - IT, finance and …
John Oates, 21 Oct 2008
The Register breaking news

US job cuts slow in April

In what is probably the first good news on the jobs front that the US economy has seen since last spring, the Labor Department's Bureau of Labor Statistics has reported its unemployment figures for April. Although the number out of work rose, the job cuts were lower than expected, perhaps indicating that the rate of the collapse …
Job cuts jpeg

IBM: Who wants to leave with a swollen package?

IBM is continuing to set up Employee Consultation Committees to identify people who want to jump rather than be pushed in the latest workforce purge, according to a memo seen by us. Rob Lamb, veep of manufacturing and development for Europe and a Hursley Lab leader, informed staff last week that Big Blue was forming an ECC to “ …
Paul Kunert, 16 Feb 2015
A large hand flicks an icon of a little red man. Image via shutterstock (Lasse Kristensen)

CSC picks up the axe yet again, eyes 800 staffers' quivering necks

Exclusive CSC is preparing to axe almost 800 staff in the UK and Ireland in what it is calling a "Get Fit" phase, with current proposals to transfer some of these positions to near-shore and offshore centres. Bloodletting is a seemingly annual custom for the scandal-hit ailing integrator. It is just over a year since CSC put 750 workers …

Fujitsu staff begin walkouts over pay, job cuts

Fujitsu Services' staff are picketing at the company's London headquarters today, in protest against pension cuts and compulsory redundancies set for the New Year. Earlier this week, Unite union members at the firm voted overwhelmingly in favour of strike action, after many Fujitsu workers expressed disgust at the services …
Kelly Fiveash, 18 Dec 2009

Microsoft crimps products after second wave of job cuts

Microsoft is reining in several of its products following the company's second round of lay-offs that kicked off on Tuesday. The software giant isn't killing any products yet, instead it is scaling back its commitment to .Net Micro Framework, MSN Direct Service and its ResponsePoint phone system after letting go of 3,000 staff …
Kelly Fiveash, 07 May 2009
The Register breaking news

BlackBerry rival Visto pushes job cuts

Visto, the Silicon Valley push email developer, told London staff on Thursday that about one third are for the chop, because financial backers are demanding a profit this year. The London round of cuts is described by sources as "large scale", affecting senior IT staff, development, product services and pre-sales workers. A …
The Register breaking news

TalkTalk talks job cuts

TalkTalk, the broadband provider spun off from CarphoneWarehouse, is cutting jobs. The company held meetings with staff this morning as part of the consultation process. In total 580 jobs will go as part of a major restructure. TalkTalk is the result of several mergers and takeovers, including Tiscali UK. Chief Executive Dido …
John Oates, 26 Jan 2011

First Dell, now IBM: 15,000 jobs face the axe at Big Blue, says union

IBM is set to spend another $1bn on job cuts this year to eliminate an estimated 15,000 jobs worldwide, according to trade union Alliance@IBM. The company has already spent the same amount of money last year on 'workforce rebalancing', its euphemism for redundancies. Big Blue's chief financial officer for finance and enterprise …

CSC picks up axe, takes aim at its own profitable bits

CSC confirmed last night it is to split the US public sector biz from the rest of the group – the only division last quarter where sales aren’t dropping and which generates the highest operating profit. As expected, the hard-pressed integrator is to hive off the operation into a separately listed company, with sales of $4.1bn …
Paul Kunert, 20 May 2015
The Register breaking news

Motorola spends $216m on money-saving job cuts

Motorola has informed the Securities & Exchange Commission that it will be spending an additional $110m laying off staff in the first quarter of 2009, bringing the total to $216m. The filing explains that since the last filing, at the end of January, the company has approved 2,800 "workforce reductions". These will cost it $110m …
Bill Ray, 07 Apr 2009

Recession prompts job cuts at PC World call centres

Capita will cut up to 42 jobs at call centres it runs for PC World owner DSGi in Sheffield and Nottingham because of falling call numbers. The outsourcing giant informed staff of the redundancy programme, which will hit mainly team leaders, on Monday. Those affected today enter a 30 day statutory consultation period. Some may be …

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, 08 May 2014
The Tanami Desert en route to Willowara

TELEPOCALYPSE as Australian carriers shed jobs with horrible speed

While Australia's telco industry has become accustomed to the constant slim-down drive at incumbent Telstra and number-two Optus, an accumulation of bad news further down the food chain will narrow the options for the country's telco professionals. Optus' latest job cuts announcement, that rather than the 200 originally mooted …

HP confirms job cuts will hit research labs

HP has confirmed that yesterday's announcement of UK job cuts will not just hit its manufacturing plant in Scotland, but also HP's research laboratories in Bristol. The firm will not detail exactly what is happening, but emails from Register readers suggest as many as half its Bristol research staff could be laid off. A Reg …
John Oates, 29 May 2009

Dell stays mum on job cuts

Dell is poised for its biggest job-slashing program for four years, according to reports. A Register reader got in touch to tell us he had heard that 180 jobs will go in the UK and Ireland but staff were still in the dark. Dell UK is unwilling to talk about job cuts blaming the "quiet period" before the desktop giant posts …
John Oates, 01 Nov 2005

Talk is FINNISHed: Nokia to buy Alcatel Lucent for €15.6 billion

Nokia and Alcatel-Lucent have confirmed rumours about a possible merger by saying it will happen, as “The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent”. Each Alca-Lu share will be exchanged for 0.55 of a new Nokia …
Simon Sharwood, 15 Apr 2015
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

IBM staffers climb over each other in race for redundancy payout

IBMers working in the Systems Middleware (SM) division are falling over themselves to volunteer for redundancy, with the programme heavily oversubscribed. Some 110 people want to leave the company with a big fat cheque, which is way more than the ten per cent of the division’s 736-strong workforce that IBM had in mind. The …
Paul Kunert, 13 Mar 2015

HP workers under shadow of the axe edge towards ballot box

The Public and Commercial Services union is to ballot members working at HP over 600 planned job cuts to the services operation in the latest futile exercise to influence the company's decision making. As world + dog knows, HP's Make It Better Programme to rationalise the workforce is due to conclude by the end of October, by …
Paul Kunert, 01 Apr 2014
Nokia Lumia 610

Microsoft adds wireless industry legend John Stanton to its board

Microsoft has added some mobile expertise to its board of directors, signing up wireless pioneer John Stanton, the former chairman of broadband firm Clearwire. Redmond chief Satya Nadella made it clear in his chat about the firm’s full year results earlier this month that Microsoft wants to be “mobile first, cloud first” under …

HP wants HUNDREDS of hapless staffers OUT by April - trade union

Hundreds of British HP workers are being lined up for the chop this quarter with almost a half expected to come from Enterprise Services. Ian Tonks, national officer for IT and comms with trade union Unite, met with HP last week - as did the UK Works Council - to thrash out the latest tranche of local job cuts. He told us: "784 …
Paul Kunert, 11 Feb 2014
Job cuts jpeg

HP's hiring: UK jobs for, er, UK workers.... maybe

HP has refused to rule out making roles redundant in the UK and shifting them to parts of Europe where average salaries are lower. Cost cutting HP last week entered into consultation with the works council and yesterday engaged with union types over plans to slash 7,100 roles across the region, the last tranche of 34k job cuts …
Paul Kunert, 10 Feb 2014
Microsoft campus

Too many IT conferences to cover? MICROSOFT to the RESCUE!

Microsoft is kicking off a corporate overhaul with the introduction of new policies shrinking the number of corporate conventions and contracted workers. The company said in an email to partner firms that it would place an 18-month limit on the tenure of all contracted employees. Those who hit the limit will be asked to take six …
Shaun Nichols, 21 Jul 2014