Insiders say that Dell's anticipated layoff programme will begin this week, with roughly 15,000 employees due for the chop.
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In spite of Nokia's new smartphones and Microsoft's invested partnership, the Finnish phone maker is expected to report further losses on Thursday for its third quarter earnings report, amid layoffs and further restructuring efforts.
Verizon's wireless business continued to perform well in the fourth quarter, but the company reported a net loss as it took charges related to job cuts.
The company has recorded an annual net loss of around £685m and has started laying off workers and closing plants in Japan
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Dell is laying off workers around the world but won't say how many or where, reports the AP.The computer maker will confirm only that some of the employees are based at an assembly plant in North Carolina.
Here are today’s notable headlines. You can get News To Know via email alert and RSS daily .
The company has announced re-structuring that will see the loss of 1,900 jobs at the company's manufacturing facility in Limerick
Sun is the Rodney Dangerfield of the tech companies on the stock market - no matter what they announce, from sales gains and new products to losses and layoffs, the response is always the same: the people who make money selling IBM and Wintel shares short Sun. It's a loser: the dollars at issue favor the MS/IBM side by over a hundred to one - so it's time, I think, to pick up that ball and go home. Take the company private and be done with this nonsense.
Michael Dell said Thursday that the company will lay off more than the 8,800 employees it had previously announced and remains committed to cutting costs. Dell's confessional indicates that the company has a lot of cost cutting ahead and could become more efficient.
Red Hat lost this round, but there will be others. What's H-P's desktop Linux strategy?
Report says joining forces could help Dell reverse recent server market losses for machines running Linux.
Symantec and Veritas have gone to great lengths to allay fears of huge job losses as a result of their merger but unfortunately, there will be casualties.
The details are probably in the fine print.
The PC maker will lay off 1,500 by the end of 2004 as part of its bid to return to profitability next year.
As part of its third-quarter earnings report, the networking-software maker announces that it has cut 10 percent of its work force in an effort to turn a profit in the fourth quarter.
The enterprise software maker says it will cut 13 percent of its work force--about 900 jobs--after reporting a first-quarter loss, with much of the work shifting overseas.
Apple says schools can get the all-in-one computers for $699, while students and teachers can get them for $779. Analysts call the discount an aggressive move to stem losses to Dell.
Dell Computer has eliminated more than 130 jobs in Texas. The layoffs occurred due to a restructuring of the company's product development effort and its annual performance assessment of workers in its products group.
Chief executive Carly Fiorina says she expects to cut 10,000 jobs by 1 November and another 5,000 jobs next year due to the merger with Compaq
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