Preliminary financial reports indicate Nokia has started to slowly recover but the Finnish company will be slashing another 1000 jobs, mostly in Finland, in an effort to get back to profitability. More...

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. More...

After last month's announcement that it would lay off 2000 workers, Yahoo's CEO has outlined further plans to restructure the company, admitting that it has "been doing way too much" in recent years. More...

Sony Corp, the maker of Bravia LCD TVs, Cyber-shot cameras and the Playstation game console, is expected to announce a restructuring plan this week, according to the Financial Times. Last month the Japanese company outlined... More...

LucasArts confirmed today a major restructuring of its development studio. It marks the first change within the company since Jim Ward took over as president in May. "Since joining LucasArts in early May, I've taken... More...