Microsoft's next-generation Xbox console is going to use AMD processors. Bloomberg reports that sources close to the "Xbox 720" games system say it will use an AMD computer chip instead of the IBM Power PC, as Microsoft looks to reduce ...
Tags: Microsoft, AMD processors, AMD computer chip
A distribution centre for Tesco at Middlewich, Cheshire – operated by CEVA Logistics – faces closure with the potential loss of 130 jobs. Tesco is reviewing its online grocery distribution network This follows Tesco’s ...
Tags: Tesco, Agriculture, Food
Holden will cut 500 jobs across its manufacturing and product development operations just one month out from the start of production of the new VF Commodore. A total of 400 workers from the Adelaide plant and 100 “hourly paid” ...
Holden managing director Mike Devereux has cited the decline in Holden Cruze sales as “mostly attributable” to the Adelaide manufacturing job losses announced today. Devereux listed the strength of the Australian dollar, ...
Tags: Holden Cruze, car, Auto
A change in the management of the French flat-pack furniture producer Meubles Demeyère took place back in December 2012. The former Président Directeur Général (PDG) Bernard Demeyère was replaced by his ...
Tags: furniture producer, furniture
Over the past two weeks, glass manufacturing workers at CSR Viridian’s plants in Sydney and Melbourne have spoken to World S ocialist W eb S ite correspondents about the closure and merger of facilities that will cost more than 200 ...
Tags: CSR glass, glass, glass industry
Australian miners Rio Tinto and Xstrata will cut 100 jobs each in their coal divisions, with Xstrata planning to consolidate its New South Wales and Queensland coal divisions, while closing its Brisbane office, according to media reports. ...
The move may lead to 1,600 job cuts. STMicroelectronics and Ericsson have agreed to split their struggling mobile chip joint venture, which was formed in 2008. Both firms failed to seek a buyer for JV, dubbed ST-Ericsson, and decided to ...
Tags: STMicro, Ericsson, mobile chip
At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories
Today, ST-Ericsson confers with union representatives about the effects of upcoming job cuts as required by French and Italian law. Legally the company is obliged to consult with unions before it takes steps which will involve job cuts. ...
Tags: Ericsson, Consumer Electronics
Google has continued its restructuring plans, with maps chief Jeff Huber following the head of Android, Andy Rubin, out of Google and reportedly into the firm's laboratory project Google X. Huber, who has run Google's Mapping and Commerce ...
Tags: google, software, computer service, Computer Products
The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
The sharemarket reversed an early rise as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. High-yield and defensive sectors initially ...
Diversified insurance conglomerate Liberty Mutual Insurance is planning to reduce nearly 425 positions in Ireland, due to demand from extra employees for voluntary redundancy. A Liberty spokesman was quoted by Irish Times as saying that ...
Sony Chairman and former CEO Howard Stringer, who has been at the company since 1997, will be leaving the company in June. Stringer led Sony for seven years, facing harsh criticism as losses mounted before he was replaced last year. ...
Tags: Sony, Howard Stringer, Japan Society