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Articles about Job Cuts

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
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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

Mega-distie Ingram Micro cops to plans to axe jobs, padlock offices

Ingram Micro has confirmed that the "delayering" exercise that it was cagey about a fortnight ago will indeed involve redundancies across European ops as it centralises back-office functions. The beefy tech wholesaler revealed earlier this month that it is trying to figure out ways to slash annual overheads by $100m, speed up …
Paul Kunert, 27 Feb 2014

MoJ IT workers 'n' pals extend strike action over privatisation

Unionised civil servants at the MoJ have extended strike action over plans to outsource back office functions to a French integrator amid fears of wide-scale job cuts. As revealed first by us last month, members of the Public and Commercial Services (PCS) union voted in favour of industrial level protests over the MoJ's decision …
Paul Kunert, 29 Jul 2014
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Nokia's ENORMO factory in India axed after Microsoft-shaped hole appears in order book

Finland's Nokia says it is shutting down its massive mobile phone factory in Chennai, India, now that Microsoft has terminated its manufacturing contract with the firm. The Chennai facility has had a troubled history, owing to a protracted tax dispute with the Indian government that led authorities to freeze its assets. Nokia's …
Neil McAllister, 07 Oct 2014
BlackBerry Passport

Who's that sniffing around BlackBerry? Oh, is it YOU again, Lenovo?

Lenovo may be close to a deal to acquire Canadian smartphone maker BlackBerry – for real, this time – according to multiple reports. Citing anonymous sources, Canadian broadcaster CBC claimed on Monday that the Chinese equipment maker is planning to offer to snap up ailing BlackBerry at around $15 per share. The Toronto Sun and …
Neil McAllister, 21 Oct 2014

Dixons tells HQ workers: Yes, that IS a creaky trapdoor you hear. You're at risk of redundo

Dixons has unlocked but not yet opened a trapdoor underneath at least 100 bods at its Hemel Hempstead HQ. The retail biz today kicked off a 45-day redundancy consultation with headquarters staff. This comes ahead of a £3.7bn merger with Carphone Warehouse (CPW), first mooted in February, but Dixons insisted the head office …
Paul Kunert, 12 May 2014
Sony Walkman

Cost-slashing Sony axes 1,000 workers and 20 stores in US

Sony Electronics announced that it will shut 20 of the 31 stores it operates in the US and lay off 1,000 workers – a third of its workforce. The entertainment giant said the redundancies are part of Sony Corp's wider cash-cutting program, which will axe 5,000 jobs worldwide and kicked off at the start of February. Back then, it …
Shaun Nichols, 27 Feb 2014

BlackBerry's Passport will be the WEIRDEST mobe of 2014

BlackBerry teased one the year's most whacky smartphone designs at its shareholder AGM yesterday, but it still isn't ready to disclose any more details. The firm then posted - and deleted - a statement about the BlackBerry Passport. BlackBerry's Passport is striking for a couple of reasons. It has a physical QWERTY keyboard that …
Andrew Orlowski, 25 Jun 2014

Microsoft's Black Thursday: XBox Live goes down as XBox Studio canned

Microsoft's Xbox Live gaming service fell offline this afternoon, San Francisco time, and remained down for at least a couple of hours. The US giant reported that access to its Xbox Live Core Services and TV, Music and Video services were "limited". "We understand that some of our members are running into issues when attempting …
Jack Clark, 17 Jul 2014
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'Careful management of headcount' for Juniper after tepid quarter

Juniper Networks has reported a difficult third quarter that left CEO Shaygan Kheradpir “disappointed” by “lower-than-anticipated demand from service providers, particularly in the U.S.” Revenue was $1,126 million, down eight per cent from 2014's second quarter and five per cent compared to the same Q3 in 2013. Non-GAAP net …
Simon Sharwood, 24 Oct 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 veep …
Paul Kunert, 29 Apr 2014
Poster for Portsmouth Historic Dockyard

Waterfront flats plan for IBM's UK HQ as housing market goes bananas

Office space leased by IBM at its UK headquarters could become waterfront apartments – if a planning application submitted to Portsmouth City Council is approved. The North Harbour Unit Trust, which filed the paperwork, wants a ”partial change of use to 108 residential units" at Big Blue's base in the Lakeside development on …
Simon Sharwood, 21 May 2014
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
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

AMD-AMMIT! Hundreds face axe at chip maker as PC, graphics crash

Following a grim earnings report on Thursday, AMD has announced a restructuring plan that includes axing seven per cent of its workforce by the end of the year. The plan will see AMD issuing layoff notices to about 710 employees worldwide, and is expected to cost the chipmaker $57m in severance payments. "While decisions that …
Neil McAllister, 17 Oct 2014
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CSC set for ANOTHER re-org but no redundancies involved

Re-arranging the UK deck chairs on good ship CSC is the strategy the integrator has chosen after shelving plans to make further redundancies, according to numerous sources. The US-owned business does not generally shy away from making redundancies, axing 750 people from its Brit operation in late April and parting company with …
Paul Kunert, 10 Nov 2014
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 …
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
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Nokia Siemens Networks to 'axe 8,500 jobs' amid biz gobble

Comms hardware maker Nokia Siemens Networks is reportedly planning to lay off as many as 8,500 staff to ratchet up profits as sales slump. Nokia announced today that it had completed the acquisition of Siemens' stake in Nokia Siemens Networks, and rebranded the subsidiary Nokia Solutions and Networks (NSN). The deal was …
Jasper Hamill, 07 Aug 2013
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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
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
A bald Carly Fiorina superimposed over the Capitol building in DC

Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'

Carly Fiorina – the former HP chief executive who presided over the firm's $24.2bn merger with Compaq – is mulling a run for the US presidency in 2016, Washington insiders claim. The Washington Post reported on Wednesday that Fiorina has been recruiting campaign staffers and holding private meetings with potential donors, and …
Neil McAllister, 26 Nov 2014

Ingram chief on $100m SLASH FEST: 'It doesn't take a genius' to see IT market's changing

Lumbering tech distributor Ingram Micro is banking on the biggest restructure in its European history to make the biz leaner and meaner, regional president Gerhard Schultz has revealed. Details of the global transformation plan designed to slash annual overheads by $100m a year are emerging, and as revealed yesterday will …
Paul Kunert, 28 Feb 2014

HP's axe swings AGAIN: 5,000 more staffers for the chop

Shape-shifting HP is to throw thousands more workers on the employment bonfire to free up cash for R&D and sales investments, the company confirmed as it provided more background on the pending corporate dissection. The Palo Alto titan yesterday went public over plans to divide the business in two, with the PC and printer …
Paul Kunert, 07 Oct 2014
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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
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HP cuts 27,000 workers

As rumored last week, IT giant Hewlett-Packard is slashing its employee count worldwide to squeeze more profits from its revenue stream. The job cuts are not as deep as some had been expecting, but are still going to be tough on the company. In a statement put out ahead of its conference call with Wall Street analysts, HP said …
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
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Microsoft: Take a seat over there, SAP, on the AZURE CLOUD

SAP’s business applications have landed on Microsoft’s Windows Azure cloud infrastructure service. The German software giant and the Redmond IT juggernaut said on Monday that a number of SAP’s business applications will be certified on Microsoft’s cloud by the end of June. Among this software will be SAP's Business Suite, All- …
Gavin Clarke, 19 May 2014
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Juniper ELIMINATES 300 jobs, braces wallet for US gov shutdown blow

Jittery Juniper Networks is axing hundreds of workers amid concerns the US government shutdown could hamper its stateside federal business. The cuts were confirmed during a conference call with analysts last night to discuss the firm's third-quarter results. Juniper also revealed sales had risen to $1.185bn, up three per cent …
Paul Kunert, 23 Oct 2013
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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 …
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 …
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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

Axe falls: Virgin Media plans to kill 600 management jobs

Virgin Media is shedding up to 600 management jobs in the wake of Liberty Global's takeover of the British telco. The Register understands that the cost-cutting restructure is intended to help the company focus on growth. A source close to the situation told us that, in the coming months, most of the other UK-based positions – …
Kelly Fiveash, 20 Sep 2013
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Virgin contractors grip up for more cuts

Virgin Media contractors earning more than £300 a day have been told to accept a 15 per cent cut in rates or leave the company. Virgin lopped ten per cent off day rates last year - when such a policy was widespread and usually spun as a way to avoid job cuts. But with the first signs of economic improvement many contractors felt …
John Oates, 12 Mar 2010

Symantec: Antivirus is 'DEAD' – no longer 'a moneymaker'

Symantec, a company that has made huge amounts of cash as the largest antivirus software vendor for the last quarter of a century, looks to be getting out of that business and into fixing hacking problems rather than stopping them. "We don't think of antivirus as a moneymaker in any way," Brian Dye, Symantec's senior vice …
Iain Thomson, 06 May 2014
Stained glass angels

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, 05 Jun 2014
The Register breaking news

US tech-sector job stats flattened by Verizon strike

A strike by 45,000 workers at telecom giant Verizon helped flatten job creation in the US economy in August – literally. The Bureau of Labor Statistics has issued its monthly jobs report, and says that not only did the US economy fail to add any net-new workers last month, it also revised the number of jobs created in June and …
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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
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Sony set to axe 5,000 workers worldwide as it flings PC biz overboard

Stumbling consumer electronics giant Sony has confirmed it will axe 5,000 workers worldwide and offload its loss-making PC business to private equity firm Japan Industrial Partners (JIP). The ailing Japanese corporate revealed the restructure as it forecast a ¥110bn loss (£665m) for the current financial year ending March …
Paul Kunert, 06 Feb 2014
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Alcatel-Lucent confirms 400 job cuts in France

Alcatel-Lucent said today that it plans to slash 400 jobs in France as part of its brutal cost-cutting strategy to axe 4,000 employees worldwide. The announcement follows on from the networking group's run of dire quarterly results which has seen the firm lurch into the red. Alcatel-Lucent said in a statement that it had …
Kelly Fiveash, 01 Feb 2008
The Register breaking news

BT job cuts start to bite ahead of March deadline

BT contractors are continuing to leave the firm ahead of the end of March deadline. The telco said in November that it would cut jobs by the end of March and that most of them would be contractors. Mark Williamson's weekly internal BT newsletter addressed concerns about contractors leaving the company. The email, seen by The …
John Oates, 11 Mar 2009
The Register breaking news

Intel reneges on Irish job cut promise

Chipzilla plans to slash between 200 and 300 jobs in Ireland, despite chairman Craig Barrett assuring Intel workers last month that its Leixlip plant was in no immediate danger of job cuts. Intel spokesman Chuck Mulloy told us the cuts are part of the company's overall scheme of consolidating its manufacturing operations in …
Austin Modine, 18 Feb 2009
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HP redundancies all about getting 'cheaper, lower skilled' bods

HP engineers in Blighty's Customer Delivery Services unit were warned of redundancies yesterday, with more than one in 10 workers expected to pick up a P45. The trimming is all part of HP's multi-year Make It Better restructuring programme that will see a total of 29,000 workers laid off by the start of its next fiscal year …
Paul Kunert, 20 Nov 2013
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AMD details job cuts

AMD laid off 600 people in the fourth quarter of 2008, rather than the 500 it expected to let go. Severance payments and other benefits will cost the chip maker $34m, $13m will be spent on ending contracts and programs, $17m has been written off the value of its assets and $6m will be spent on closing factories and offices. In …
John Oates, 30 Dec 2008
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Serco consults on job cuts

Serco is in discussions with staff about likely job cuts. Staff first heard the news a week ago, and the company has set up a committee to hear employees' views - the first meeting is being held this afternoon. A source at the company told the Reg that staff were surprised by the decision because the firm carried out …
John Oates, 31 May 2006
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IBM cuts more than 1,600 US jobs

IBMers from a number of different divisions of the IT giant say that the company initiated another round of "resource actions" on Monday, with somewhere north of 1,600 people estimated to have lost their jobs. The message board at Alliance@IBM, the local branch of the Communications Workers of America union headquartered in …

CSC announces another round of UK job cuts

CSC is shifting more UK jobs offshore in an effort to control costs. The latest round of redundancies will hit the Global Infrastructure Services (GIS) department. Initially, voluntary redundancies will be offered but compulsory job losses are likely if not enough volunteers are found. The company hopes to have the process …
John Oates, 23 Oct 2007

HP: Yes, we plan to axe another 7,100 European staffers

HP has confirmed that more than 7,000 workers in Europe are headed for the chopping block, with sources telling us that a good whack of the cuts will be made in Enterprise Services. In June 2012, HP began consultations with union and staff over plans to get rid of 8,000 jobs in the region, and it confirmed that thousands more …
Paul Kunert, 24 Oct 2013
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Dell waves job axe in Bracknell, keeps schtum on numbers

Dell is continuing to trim its workforce in the UK, but has refused to comment on how many of its employees have been affected by the latest cuts. The Register has learned that 25 staff at the computer vendor’s Bracknell site will be laid off next month. Dell, when asked, refused to comment specifically on the individual jobs …
Kelly Fiveash, 07 Sep 2009