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workforce reduction
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NeoPhotonics Restructuring as It Reports Below Expected Preliminary Q3 Results After Uncertain Demand From China
Oct 10, 2017As part of its continuing actions to improve profitability and cash flow, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for ...
Tags: NeoPhotonics
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Q2FY16 Operating Income Crashes at J. Crew Group
Sep 1, 2015Operating income at US based apparel marketer J.Crew Group crashed to $2.6 million in the second fiscal quarter ended August 1, 2015, massively down from $36.0 million in the prior fiscal second quarter. “Operating income in the ...
Tags: J.Crew Group, apparel
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Wet Seal Announced Results for Its Fiscal Q4 and Full Year Ended February 1, 2014
Mar 24, 2014The Wet Seal, Inc., a leading specialty retailer to young women, announced results for its fiscal fourth quarter and full year ended February 1, 2014. The Company noted that fiscal 2013 had 52 weeks versus 53 weeks in fiscal 2012; results ...
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Intel Expects That Its Workforce Will Decline by 5 Percent as It Heads Into a Year
Jan 21, 2014Intel expects that its workforce will decline by 5 percent as it heads into a year in which revenue is likely to be flat. Intel announced its expectations for a decline in its workforce in the wake of its fourth quarter earnings report. ...
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Anadigics Has Reported Revenue of 13.4% on $30.5m Last Quarter
May 22, 2013For first-quarter 2013, GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has reported revenue of $26.4m, down 7.2% on $28.4m a year ago and 13.4% on $30.5m last quarter. The firm had ...
Tags: Anadigics, wireless and wireline
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EMC Reported Today That It Will Lay off More Than 1,000 Employees Worldwide
May 10, 2013As 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
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Spain's Grupo Alfonso Gallardo Plans to Cut Jobs
Apr 23, 2013Spanish steelmaker Grupo Alfonso Gallardo has announced its intention to launch a workforce reduction program within the scope of its efforts to trim output levels in line with slack local demand for long steel products. In detail, the ...
Tags: Metallurgy, Mineral, Energy
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The Wet Seal Announced a Corporate Workforce Reduction and Certain Other Cost-Saving
Feb 4, 2013The Wet Seal, Inc. a leading specialty retailer to young women, announced a corporate workforce reduction and certain other cost-saving and investment initiatives. The Company also announced the resignation of President and Chief Operating ...
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GT Is Streamlining Global Operations to Better Align Structure with Current Market
Dec 24, 2012At the end of October, GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets) ...
Tags: GT, sapphire furnace, solar, LED
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Peugeot Citroen Will Terminate a Further 1500 Jobs by 2014 Due to Continued Financial Woes
Dec 13, 2012French manufacturing group PSA Peugeot Citroen will terminate a further 1500 jobs by 2014 due to continued financial woes,adding to the job cuts already announced in July. Bloomberg reports that Europe's second-largest carmaker,PSA ...
Tags: PSA Peugeot Citroen, Sales Gloom, job cuts, car industry
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A Management Shake-up at Juniper Networks Continues
Oct 23, 2012A management shake-up at Juniper Networks continues, as Stefan Dyckerhoff has been replaced as executive vice president of Junipers Platform Systems Division by Rami Rahim, who currently leads the companys edge and aggregation routing ...
Tags: Juniper Networks, routing systems, switching systems, fabric systems
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HP Announced a US$8.9 Billion Loss for Its Third Quarter Ended July 31 Due to Writedowns
Aug 22, 2012IDG News Service - Hewlett-Packard on Wednesday announced a US$8.9 billion loss for its third quarter ended July 31 due to writedowns and weak hardware sales and also said full-year results would be at the low end of its previous guidance. ...
Tags: HP, weak sales, revenue, Personal Systems Group
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Meg Whitman Is Telling The Company's India Workers
Aug 13, 2012Computerworld - HP CEO Meg Whitman is telling the company's India workers that they won't be hit by HP's plans to cuts its global workforce. In India, Whitman was interviewed by the Economic Times, and said this: "We are not reducing our ...
Tags: HP, Protection, India, layoffs
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HP Warned Investors of a Colossal Quarterly Loss in Its Third Fiscal Quarter
Aug 9, 2012HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch
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Third-Quarter Results From Hanwha Solarone Echoed Pricing Pressure and Weak Demand
Nov 23, 2011Third-quarter results from Hanwha SolarOne echoed pricing pressure and weak demand - especially from Germany - that led to margin pressure, inventory write-downs and losses. Hanwha SolarOne reported US$225.4 million in revenue, a decrease ...
Tags: Market View