Feeds

Articles about Job Cuts

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
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
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
axe_channel_teaser

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

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
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
Azure icon

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
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
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
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 …
cloud

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
Job cuts jpeg

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
sea_hp_sink

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

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

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
channel

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

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

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
frustration_anger_irritation_annoyance pain

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
globalisation

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 …
channel

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
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 …
channel

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
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 …
Job cuts jpeg

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

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
Job cuts jpeg

Google's Drive SLASH, secret 'big upgrade': Coincidence? HARDLY

Google has slashed its online Drive storage prices so fast, it undercuts all of its rivals – and its own products. The Reg suspects the web king will dramatically lower its infrastructure-as-a-service storage prices as well in two weeks. The dramatic price cut for Google Drive was announced on Thursday: storing 100GB of data in …
Jack Clark, 13 Mar 2014

Angry Nokia staff protest Microsoft deal in China

Hundreds of Nokia workers in China have protested the firm’s recent decision to sell its devices unit to Microsoft, complaining that they were forced to sign new contracts on worse terms. The disgruntled employees stood outside a Nokia plant in the southern city of Dongguan, holding signs with slogans that read "Legally protect …
Phil Muncaster, 22 Nov 2013
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 flipping the middle finger to the stuffed shirts at IBM while standing outside their stuffy offices in New York City to see just how far apart "cool" Apple …
Gavin Clarke, 18 Jul 2014
Love

Dell's channel love-in: We've picked 500k accounts (from direct reps' garden)

With Valentine's Day on the way, Dell is showing more love to the channel by rewarding direct sales reps who push up to half-a-million customer accounts to partners. The move is happening first Stateside where Cheryl Cook, newly crowned worldwide queen of Dell channels, told channel mag CRN US that it is hoped the move will fuel …
Paul Kunert, 07 Feb 2014
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
unhappy

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
channel

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
Job cuts jpeg

Layoffs at EMC's RSA security division

RSA, the security division of EMC, has confirmed plans to restructure its business, a move than means an unspecified number of long-term staffers will be shown the door. Details are scarce, for now, but RSA said that it plans to make new hires that will more than offset job losses by start of 2014. It wrote in an email: While …
John Leyden, 20 Sep 2013
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
Job cuts jpeg

Basho throws life raft to organizations pummelled by unruly Riak DBs

The life of a poorly managed database is nasty, brutish, and short – and even shorter if it's a distributed non-relational datastore. For this reason, Basho, the company that stewards the development of NoSQL DB Riak, has put together some new support packages to save admins from erecting their distributed databases on a shaky …
Jack Clark, 14 Jan 2014

Dell's fellow from Big Blue heads up blue sky division

A now-private Dell appears to have set up a Research Division headed by IBM import Jai Menon. Menon, a former IBM fellow, joined Dell in October 2012, becoming the chief technology officer at Round Rock. Now several reports, here and here for example, say he has been given the role of big boss of the R & D Division inside Dell …
Chris Mellor, 04 Feb 2014
channel

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 …
The Register breaking news

Google AXES another 1,200 employees from Motorola workforce

Google is cutting loose another 10 per cent of its Motorola Mobility workforce - which means 1,200 employees at the smartphone maker face redundancy. The move comes after 4,000 jobs in the Motorola wing of Google's biz were axed in August 2012. According to a report from the Wall Street Journal, Motorola workers were told about …
Team Register, 08 Mar 2013
chart

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

HP sacks English employees to bag Scots gov jobs cash

HP will axe workers in Sheffield and shunt their roles to Renfrewshire in Scotland to bag a £7m grant from the Scottish government, the Public and Commercial Services (PCS) trade union claims. It's understood the multimillion-pound grant from the public purse is a reward for boosting local employment. About a third of support …
Paul Kunert, 17 Jun 2013
IBM logo

IBM's $1bn layoffs latest: Now axe swings in US, Canada - reports

Scores of workers have been made redundant at IBM's Systems and Technology Group in the US, according to a union, soon after the tech titan warned of sweeping job cuts worldwide. Following a $400m shortfall in mainframe and software sales in the first quarter of 2013, employees were warned that a "workforce rebalancing" act (a …
channel

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

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
cloud

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
channel

Union fears 3,000 EDS job cuts in UK

EDS management are bunkered in a hotel near Heathrow mulling the future of thousands of UK and Europe-based staff, following Hewlett-Packard’s decision to slash nearly 25,000 jobs earlier this week. Yesterday the Public and Commercial Services (PCS) union expressed fears that at least 3,000 UK workers would be given their …
Kelly Fiveash, 18 Sep 2008

Symantec appoints new EMEA veep for partners

Symantec has elevated channel veteran Mark Nutt to head up partner management across the EMEA region as it concludes its sweeping restructure which included the shedding of nearly 2,000 jobs. The big changes are done and dusted, but the creaking security and storage firm refused to reveal what proportion of the 1,700 heads that …
Paul Kunert, 25 Sep 2013
Quantum CEO Jon Gacek

Quantum expects to see Q3 revenue hike, sheds 60 extra bodies

Quantum expects to report a seasonal third quarter revenue hike in its third 2014 fiscal quarter ended 31 December, with lower costs helped by manufacturing outsourcing and several additional redundancies. El Reg storage desk has received several emails about the latter and they were also confirmed by the company. Revenues for …
Chris Mellor, 16 Jan 2014
The Register breaking news

Orange and Wanadoo spared job cuts in UK

Workers at Orange and Wanadoo in the UK are breathing a sigh of relief today following confirmation they will be spared from the 22,000 job cuts announced by France Telecom yesterday. The shake-up at France Telecom comes as the firm struggles to cut its whopping debt mountain while facing a cut in traditional revenues. The …
Tim Richardson, 15 Feb 2006