Time Warner warned investors that the company was taking a $25 billion write-down a month prior to reporting its Q4 2008 results. The media company blamed the "somewhat more challenging" ...
Troubled Satyam Computer Services attempted on Thursday to reassure customers and investors that it could keep the company afloat, but did not discuss specific measures. The Indian outsourcer is ...
Dell will move its European PC manufacturing operation from Ireland to Poland and lay off workers as it continues its belt-tightening restructuring plan, the company said on Thursday.About 1,900 ...
Despite expecting to meet revenue estimates for its fourth quarter, EMC said on Wednesday that it is instituting a restructuring program that includes laying off 2,400 people. The restructuring is ...
Amid growing fears that many countries face a long and painful economic recession, Lenovo plans to lay off 2,500 workers, cut the salaries of its executives and restructure its Asian operations in ...
One Laptop Per Child on Wednesday said it wants to make its XO laptop free in developing countries to mobilize adoption, on the same day it laid off half its staff."OLPC will be dedicated to bringing ...
Logitech will cut 15 percent of its salaried employees as it expects weaker consumer demand for computer peripherals, it said Tuesday, just a month after shipping its billionth mouse. The company ...
The Taiwan government rejected an application for aid by its largest DRAM chip maker on Tuesday, saying the company needed to submit a new proposal more in line with the government's ...
The outlook for IT jobs in 2009 may not be as bad as some observers suggest. While some indicators and surveys are showing some declines in tech jobs, none predict a precipitous drop. In fact, a ...