Microsoft has confirmed yet another round of layoffs affecting the phone hardware division that was acquired from Nokia last year, which will result in the closure of an unit and 2300 job cuts.
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According to the latest reports, the giant chip company is struggling in the market and may lay off a significant number of people soon. Not only that, but the company might be splitting in two.
According to sources inside the company, Microsoft is expected to announce a major new round of layoffs as early as today. This is likely to affect employees in the hardware divisions.
In what is said to be the final round of layoffs for Microsoft's largest jobs cut in company history, hundreds of employees were released by the company all around the world.
Microsoft could start another round of layoffs, impacting two manufacturing plants in China. The closure would result in 9,000 layoffs and manufacturing moved to Vietnam.
According to a new report from Japan, Sony is planning to cut approximately 1000 jobs from its smartphone division in Europe and China. This comes after consecutive quarters of losses.
IBM will go through the biggest shake-up in corporate history, with the company set to lay off a record number of employees. More than 100,000 people around the world will be affected.
Following recent layoffs, chip maker Advanced Micro Devices has now announced the departure of three key executives as part of an ongoing plan for reorganization within the company.
Microsoft is said to have closed its Xbox One R&D base in China - but its 80 staff have reportedly refused the severance package, since they're entitled to far greater compensation under Chinese law.
Microsoft has cut another round of employees today that is said to total 3,000 employees but these are not new cuts and are part of the initial 18,000 figure announced over the summer.
Microsoft announced layoffs today and part of the cuts involved the company's research center in Silicon Valley, where the doors will be shut permanently on Friday.
Microsoft is expected to announce its second round of layoffs this week, according to insiders, but these layoffs are part of the original 18,000 layoffs that were announced this past summer.
Employees at Microsoft's Nokia division in China held a protest today, chanting slogans against the company's "hostile takeover and violent layoffs", which will result in 18,000 job cuts worldwide.
An employee who used to work at Microsoft has taken to YouTube to explain how the layoffs occurred, including the internal announcement and some basics around the severance package that was offered.
Microsoft's recent round of nearly 18,000 layoffs has done more than kill several major projects like Xbox Studios: It has severely impacted their relationship with major advertising partners.
Microsoft's decision to cut 18,000 jobs from its workforce, including many former Nokia employees, has prompted Finland's government to call on the company to help those displaced by the layoffs.
The rumors were true as Microsoft announced today that thousands of Microsoft employees will be let go from the company as they work to streamline operations and conform to Nadella's new mission.
Ahead of an anticipated announcement from Microsoft about layoffs, the company's stock has hit the highest price in the past decade and is likely a factor of many different reasons.
Microsoft may announce significant reductions in its workforce as early as this week, potentially topping 2009's 5,800 layoffs; its Nokia acquisition is believed to be a primary reason for the cuts.
HP has announced it will cut an additional 11,000 to 16,000 positions from its workforce, bringing the total number of layoffs it has made since May 2012 to as much as 50,000 employees.
An unknown number of team members from Microsoft Studios were laid off on Wednesday as part of a "restructuring" move at the company, according to public messages from two of the now ex-employees.
Intel has announced that its current workforce of 107,000 employees will be reduced by about five percent by the end of 2014 as the company tries to deal with lower PC shipments.
HTC America laid off 30 of its employees and contractors late on Friday, or about 20 percent of its total workforce, as the struggling smartphone maker tries to turn itself around.
HP now says it plans to lay off 29,000 of its employees by early 2014, about 2,000 more team members than it originally said it planned to let go a few months ago.
A new rumor claims that Apple has made a number of layoffs of recent employee hires at its Apple store locations, and that hours for some other employees have also been cut back.
Microsoft has confirmed it has laid off a number of its team members in its advertising and marketing divisions, although it is not clear how many people have been affected.
Retailer Best Buy has confirmed it will be making plans to lay off a total of 2,400 team members. That number included lay offs of 600 of its Geek Squad support technicians.
Research in Motion is reportedly laying off a large fraction of its workforce beginning today. A spokesperson for RIM confirmed the layoffs but would not say how many workers are affected.
Confirming previous rumors, HP announced plans to lay off 27,000 team members, or eight percent of its total worldwide workforce, even as its quarterly financial report beat estimates.
HP is rumored to be considering a move that could cause as many as 25,000 of its employees to be laid off, or about eight percent of its total workforce, including some early retirement packages.
A report claims that Sony is preparing to lay off as many as 10,000 of its team members worldwide, or about six percent of its workforce, as it restructures in the hope of turning itself around.
Yahoo has officially announced its plans to lay off about 2,000 of its workers, which represent about 14 percent of its total workforce. The company claims this move will save $375 million a year.
Nokia has announced it will lay off about 4,000 more of its employees by the end of 2012 as it makes changes to its mobile phone factories in Hungary, Mexico and Finland.
New rumors claim that Microsoft plans to start a series of layoffs that will affect its marketing division that could result in hundreds of people losing their jobs.
A new rumor claims that Microsoft is looking to restructure its marketing division which may ultimately result in layoffs for hundreds of the company's employees.
If you've got an Android or PlayBook device, enjoy mobile Flash content while you can, as the company plans to discontinue development of mobile Flash plugins.
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