Tag Archives: job cuts
LG Display’s TV and phone screens struggle against cheaper Chinese rivals
Unable to compete with the glut of cheaper Chinese LCD panels, LG Display has replaced its chief executive and is looking to cut jobs. Early this week, the South Korean company held an emergency board meeting to accept the resignation of Han Sang-beo...
Huawei lays off two thirds of its US research division
The rumors of Huawei laying off a large chunk of its US staff have come to pass. The company is cutting over 600 of the 850 jobs at its Futurewei Technologies research wing in the country in response to the "curtailment of business operations" by th...
Huawei preps ‘extensive’ US job cuts despite partial reprieve
Huawei appears to be prepared for a long trade battle despite the US government's promises of easing some restrictions. Wall Street Journal sources claim Huawei is prepping "extensive" layoffs at its Futurewei research offices in the US, with "hundr...
Amazon might start using robots to box your orders
A few weeks ago, Amazon said it will be at least 10 years before the company is running fully-automated warehouses. But partial automation is already underway. According to Reuters, Amazon is considering installing two machines at dozens of warehouse...
EA is the latest game publisher to make major layoffs
Just months after Activision laid off 8 percent of its workforce, EA is the latest AAA games publisher to announce its own job cuts. The company behind FIFA and recent blockbuster Apex Legends is letting 350 people go (roughly 4 percent of its workfo...
Sam’s Club layoffs reach 2,300
Around 2,300 workers from Sam's Club will be axed from their jobs, Wal-Mart said. The news is the chain's second largest cut after the 2010 layoffs, where 10,000 workers were involved.Today's layoffs...
Slumping Intel to cut more than 5,000 jobs in 2014
Intel aims to boost earnings by dumping more than 5,000 jobs in 5 pct reduction of workforce SAN FRANCISCO (AP) — Intel plans to trim more than 5,000 jobs from its workforce this year...
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Macy’s Job Cuts Affect 2500 Workers
Macy’s is ready to let go of some of its baggage. The extra ballast in the form of 2,500 jobs that are to be vacated is a key component of a well-thought-out scheme. Already, after the decision was...
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Outrageous, Ridiculous, Puzzling and Just Plain Dumb Things Spouted By The Technorati In 2013
As the year draws to a close, let’s take a moment to reflect on some of the less profound statements made in 2013 by technology industry CEOs, entrepreneurs, insiders and other folks who should have...
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