Advanced Micro Devices reported a 31 percent drop in revenue for the first quarter as it continues to battle a weak PC market and lackluster demand for its chips. Sales in AMD's Computing Solutions group, which makes processors for PCs ...
Tags: CPU, Computer Products, PC
Systems management software vendor BMC Software has announced job cuts following the conclusion of a review into its operations. The restructuring will result in a pre-tax charge estimated at between $33m and $38m (£21m and ...
Tags: Computer Products, software
The merger between T-Mobile USA and MetroPCS moved one step closer to completion on Tuesday as the FCC approved the deal without conditions In what may be a hopeful sign for backers of the deal, the agency's review didn't even rise to ...
The EU has opened an anti-dumping investigation into Chinese-manufactured glass for solar panels, broadening a trade fight with Beijing over renewable energy. The European Commission, the EU's executive arm, opened the probe in response ...
Tags: Solar-Panel Glass
The Global Glass Alliance of Unions at Owens Illinois (O-I) officially announced their coalition of workers at the company in four continents to CEO Al Strouken on 10 January 2013. The alliance will rally globally during the week of 4 ...
Symantec plans to cut over 1,000 jobs as part of a shake-up at the Californian anti-virus software firm, reports suggest. The firm, which yesterday released rather positive trading results, announced a streamlined corporate strategy that ...
Tags: Symantec, anti-virus software, cut jobs
NXP Semiconductors is planning to cut 700 to 900 jobs as part of a reorganization to reduce costs of support services, the company said on Monday. "The job cuts are part of a larger reorganization," said Guido Dierick, country manager of ...
Textiles and garment manufacturing units would be among the worst impacted industries, if the Indonesian Government executes its plan to hike electricity charges, Antara News reported an official of the Indonesian Association of Businessmen ...
Tags: textiles, garment, electricity charge, clothing h
Google's Motorola Mobility business has filed a new patent infringement suit against rival Apple,claiming that a number of Apple iPhone features infringe patents Google acquired when it bought Motorola's mobile phone unit. Motorola is ...
Tags: Mobility files, suit against Apple, Google-owned Motorola, cut jobs
The United Kingdom has become Europe's second-biggest car market behind Germany, bumping France down into third spot following strong sales in November. Industry journal Automotive News Europe reports the latest new-car sales figures for ...
Tags: UK, Transportation, car sales
IDG News Service-Sony said Friday that its current round of job cuts will include workers in its struggling TV business and at its headquarters in Tokyo,and it will close a mobile phone and lens factory in central Japan. The job cuts,part ...
Tags: Sony, Cut Jobs, Phone, Headquarters, TV Group
The European Commission (EC) wants to impose pension changes that would cost UK businesses £350bn (eURO440bn) and 180,000 jobs, according to research commissioned by the Confederation of British Industry (CBI). Describing the ...
Tags: EC's Pension Proposals, Health, UK Business
MENAFN reported that MAN truck division's director, Mr Anders Nielsen stated that starting January 14, the German company will begin reducing its production of trucks, reported Reuters citing daily Sueddeutsche Zeitung. Mr Nielsen said ...
Tags: trucks price, trucks sales, production process, production of trucks
Dutch food group Vion, which last week announced it wants to quit the UK, has set out plans to cut jobs from its domestic business. More than 100 staff within Vion's operations in the Netherlands could be affected from a move to improve ...
Tags: Vion, cut jobs, domestic business, food group
Finnish food group Raisio is to cut jobs in its domestic market as reshapes the business to lower costs and make it more efficient. The company said the streamlining would affect 56 staff. Raisio's domestic consumer foods business will ...
Tags: jobs, food group, food