Articles about Job Cuts

channel_teaser_exit

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
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 …

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
True humility - the Curate's egg

EMC's curate's egg sees revenues waiting for new product take-offs

EMC’s first quarter results were like the curate's egg; good in parts, but hit by currency problems, job cuts and unsatisfactory core storage revenues in others. First-quarter 2015 revenues were up 2 per cent to $5.6bn, compared to $5.5bn a year ago, with EMC II (the core storage biz) revenues disappointing. The top-line number …
Chris Mellor, 23 Apr 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
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

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
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
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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
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
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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
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
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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
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
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

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
axe_channel_teaser

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
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 …
Neil McAllister, 11 Dec 2014
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
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 …
management project3

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
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. …
Neil McAllister, 29 Oct 2014
Stock ticker board

Acer puts fundraising plan on ice as stocks struck by chilly winds

Acer could well postpone cash-raising activities on the Taiwanese Stock Exchange due to some volatility in its share price, according to founder Stan Shih. The plan was to issue shares with a target price of NT$20 per unit but the PC maker’s valuation dipped NT$0.35 on the Exchange yesterday to NT$19.80, so investors are …
Paul Kunert, 28 Oct 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
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 …
Neil McAllister, 21 Oct 2014

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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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 …
Neil McAllister, 07 Oct 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
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

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
Sprint CEO Marcelo Claure

New Sprint CEO says he will lower axe on staff – but prices come first

The new CEO of US mobile operator Sprint says he's planning aggressive moves to regain market share starting next week, but the big changes he has in mind will make job cuts unavoidable. According to a report by telecoms industry news site Light Reading, Marcelo Claure, Sprint's newly minted chief exec, told employees at a …
Neil McAllister, 15 Aug 2014
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 …
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 …
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 …

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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Chips are down at Broadcom: Thousands of workers laid off

Broadcom is exiting the cellular baseband business, a decision that's has bitten hard, with the company announcing layoffs of around 2,500 employees – around 20 per cent of its total workforce – worldwide. Its latest SEC filing shows the company turned in a loss of $US1 million for the quarter, a collapse from the previous …
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
Steve Jobs

Why has sexy Apple gone to bed with big boring IBM?

Shocked by IBM's deal to sell and support iPads and iPhones in the enterprise? You only have to look at Jean Pigozzi's photo of Steve Jobs in his younger, rebellious years to see just how far apart "cool" Apple once was from "legacy" IBM. He was pictured flipping the middle finger to the stuffed shirts at IBM while standing …
Gavin Clarke, 18 Jul 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

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

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

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

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
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

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
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
Azure logo

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

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

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