Layoffs to be completed by the end of October according to Sprint SEC filing
More changes are coming for the third-ranked wireless carrier in the United States, according to a filing with the US Securities and Exchange Commission (SEC). The SEC filing indicates that Sprint has started a workforce reduction plan that affects an undisclosed number of workers. While the number of layoffs coming when CEO Marcelo Claure was brought aboard earlier in the year wasn't stated, he did inform employees that the cost-cutting measures were an inevitability.
Company continues towards 18,000 layoffs, 35 percent coming from Washington
Microsoft has moved into phase two of its previous announcement to part ways with 18,000 employees. Today, the company released an additional 2,100 employees in order to move closer to the July 2015 deadline that was previously laid out. It's unknown which sections of the company are seeing the layoffs, but the job cuts are happening on a global scale.
Former employees get a $162 phone if they leave, but limited to 300 offers a day
It seems that Microsoft is trying to sweeten the pot to get workers to leave the Nokia factory and research and design center in Beijing. The software company is offering any of the former employees at the Nokia locations a free phone if they voluntarily split from the company. The offer is part of Microsoft's plans to eliminate about 4,700 jobs in the Beijing locations.
Layoffs a result of redundant positions generated by Nokia purchase
In the wake of Microsoft's Nokia buy, the giant is facing an abundance of employees. Despite having over 2,000 open positions according to its own hiring page, sources within and close to the company claim that up to 10 percent of the workforce will be purged under former CEO Steve Ballmer's "One Microsoft" 10-year plan for the company.
European operations consolidated in Frankfurt, redundancy causes layoffs
After three consecutive years of losses, Nintendo is being forced into the position of closing down one of its offices. The gaming company will close down its office in GroĆostheim, Germany to consolidate its European operations to Frankfurt. In the process, Nintendo will eliminate 130 permanent positions in the company as the two offices consolidate.
All conference rooms booked at Dell HQ for alleged mass layoffs
Dell could be preparing to lay off over 15,000 employees this week, according to a report. As part of the restructuring efforts after completing its return to a private ownership, the computer manufacturer will apparently be making the staff reductions globally and in all departments, with departments that have already been affected by layoffs expected to cull another 15 percent of the workforce.
TiVo remains fully committed to Roamio, working on cloud potential
A significant part of TiVo's hardware design team has been laid off, though the company warns that it is still committed to producing hardware. Vice president of corporate communications Steve Wymer confirmed the layoffs, but was quick to speak against reports of an exit from devices, claiming "It's not right to say that TiVo's out of the hardware business."
Extent of staff cuts remains unclear
T-Mobile CEO Philip Humm has reportedly distributed a memo to employees warning of "difficult decisions" as the company prepares to announce further restructuring plans. The note does not detail the extent of such cuts, though the executive suggests it is forced to find a new strategy that "aligns our costs with our revenue realities" to help the company "return to growth."
Yahoo prepping for major restructure, job loses
Following the hiring of ex-PayPal chief Scott Thompson as CEO, Yahoo is said to be preparing to make major cuts to its workforce. In conjunction with the hiring of Thompson, the Yahoo board also hired the Boston Consulting Group to conduct a strategic review of the organisation. The restructuring is expected to result in what could amount to job loses in the thousands according to sources familiar with the matter.
Apple lays off 174 in CA
Despite one of its best quarters ever, Apple on Thursday cut 174 sales jobs at its Elk Grove campus. The Business Journal reports that all affected employees -- some of whom were part of the company's telesales team and others who were online chat representatives -- were offered the option to relocate to location in Austin, Texas, or apply for another position at Apple in Elk Grove; however it was not clear why Apple chose to reduce its sales force as many predict a bright future with Macs sales growth outpacing the PC industry. Last year the company was searching for workers to man its iPhone support team in the Sacramento area.
Motorola cuts 2600 jobs
Motorola today announced it would terminate an additional 2600 jobs from its workforce, bringing the current total of layoffs to 10,000 since the beginning of 2007. According to The Wall Street Journal, Motorola comes up against increased pressure in the face of declining cellphone sales, of which it recently lost its coveted second tier position in worldwide handset share to Samsung, a move that caused Motorola's sales to fall 38 percent in year-over-year quarterly profits.
Yahoo layoffs, focus shift
Yahoo recently unveiled plans to remove 1000 of its 14,300 employees by mid-February to cut costs and to refine its focus on its major services. The New York Times reports that in light of its fourth quarter earnings, and a dismal forecast of future financials, layoffs will occur in unspecified areas of Yahoo's workforce. While the amount of employees laid off are many, the company said that it would be investing heavily in select areas of business, so individuals effected by the cutbacks are free to apply to the focus areas.