Calm is the latest technology company to announce that it's laying off some of its employees. The firm decided to cut 20% of jobs after it saw a 30% decline in app downloads over the last year.
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Google has launched a Simplicity Sprint where it will attempt to boost productivity. The bad economy means that sales have dampened, and now it needs to be more productive with its resources.
Meta has reported its first-ever quarterly revenue drop. As a result, CEO Mark Zuckerberg told investors that he would be looking for ways that the company can do more with less resources.
Elon Musk has e-mailed employees to say the firm is pausing hiring and that it will have to let go of around 10,000 workers. It comes as inflation causes people to reduce their spending on luxuries.
A new hope The year 2009 has been an important one for Microsoft. Redemption is in reach again, after taking hits from increasingly hostile publicity, against its mishandled operating system Windows Vista; several corporate snafus...
Microsoft CEO Steve Ballmer has had a short conversation filmed with the BBC's business editor, Robert Peston - regarding how Ballmer perceives Microsoft will deal with its competitors in each of the company's key markets,...
It is of little refutation that economists would describe the world's financial state (in general) as a 'worldwide recession' as a result companies are going bust here, there and everywhere as the credit crunch tests...
It's no secret that the video game industry has suffered during the current recession. With studios closing at an alarming rate, analyst Wanda Meloni estimates that 8,450 video game redundancies have been made since July...
Recently, a panel on CNBC's Fast Money turned to the topic of Apple, and how they are faring in the recession. The man who was brought in to talk about it, J.P. Mark from Farmhouse...
The OLPC foundation(part of Media Lab of MIT earlier) introduced the "Give One, Get One" program during Christmas and New Year holiday period of 2007/2008 to promote the sale of the $100 OLPC computers. During...