While Windows 8 is getting blamed for dismal PC sales, upgrading laptops and desktop systems isn't a priority for business users, according to new research. Businesses are increasing capital spending, but they are directing that money at ...
Tags: IT Capital Spending, PC
Dorel Industries will lay off 50 people worldwide across the recreational and leisure segment as a result of a soft first half, the company announced in a statement early Thursday. The segment includes Cannondale, Schwinn, GT, Mongoose, ...
Tags: Transportation, bike
Alexander City, AL, once the site of as many as 7,000 jobs in the textile industry, will see the last 200 manufacturing jobs disappear starting Jul. 29 at a facility there that had laid off 200 persons only in January. A distribution center ...
Tags: Russell, Custom Print Facility
Zynga, the social gaming services company, is laying off 18 percent of its employees in an effort to reduce its cost structure. CEO Mark Pincus announced the layoffs Monday in a note to employees posted on the company's blog. Zynga, as of ...
As part of an ongoing restructuring, EMC reported today that it will lay off more than 1,000 employees worldwide. The company reported in its latest 10-Q filing with the U.S. Securities and Exchange Commission that in the first quarter of ...
Tags: Computer Products, software
The recent hike in minimum wages may lead to layoffs in Bolivian textile and apparel sector, El Conglomerado Textil Boliviano (COTEXBO or Bolivian Textile Conglomerate), has said. The textile sector in Bolivia, a land-locked country ...
Tags: Wage Hike, Textile Sector
Global steel giant ArcelorMittal is starting mothballing of its two blast furnaces at its Florange site in Lorraine, France on Wednesday, April 24, according to media reports. The company expects to complete the shutdown of the hot stoves ...
Tags: steel giant, Mineral
Luxury plug-in hybrid car company Fisker Automotive is facing a US lawsuit after laying off 160 workers at the end of last week. Industry journal Automotive News reports that a federal lawsuit has been filed against Fisker, accusing the ...
Tags: Fisker Automotive, car, auto
Cisco this week reduced its workforce by about 1% -- or 734 people - as the company realigns to face the advent of software-defined networking, cloud computing and its impact on routing and switching. "We routinely review our business to ...
Tags: Computer Products, Electrical, Electronics
ConocoPhillips, the biggest gas producer in northwestern New Mexico's San Juan Basin, will temporarily suspend new gas drilling there until further notice, a spokesman said Thursday. "We're beginning, effective immediately, a temporary ...
Tags: Metallurgy, Mineral, Energy, oil
On Tuesday, Slovak Premier Robert Fico told the media that US Steel will not sell its steel mill in the region in exchange for environmental and energy-related concessions from the government. US Steel will receive about $19 million ...
Tags: US Steel, Slovakian Mill, Mineral
ARCHDALE, N.C. — Tempur-Pedic's acquisition of Sealy will provide new opportunities for many employees of those two companies, their leaders say. They minimized talk of possible layoffs. "There will be opportunities for many ...
Tags: Light Industry, Daily Use
Motorola Mobility is cutting 1,200 jobs, in addition to a reduction of 4,000 jobs it announced in August, to focus on high-end devices. "These cuts are a continuation of the reductions we announced last summer," said Motorola spokeswoman ...
Tags: Motorola Mobility, high-end device, Google
Google is to make 1,200 more job cuts - around 10 per cent of its workforce - at Motorola Mobility, the mobile phone maker it acquired for $12.5bn (£7.7bn) in a protracted deal completed in May 2012. The job cuts are part of a ...
Tags: Google, job cuts, company news
Finnish manufacturer of meat foods and products HKScan is set to lay off 123 workers at its operations in the country as part of its restructuring plan. Of all the jobs, 49 jobs will be eliminated through permanent layoffs while the ...
Tags: meat foods, HKScan, workers