The cuts are intended to save on costs, but also to help Alcatel-Lucent transition from something of a networking generalist to a specialist in IP networking and “ultra-broadband” access. Read more »
Whenever a company is party to a big M&A deal, layoffs always follow. Sprint(s s) confirmed with Bloomberg on Tuesday that it is cutting 800 jobs, but claimed that this doesn’t… Read more »
Cisco has announced plans to layoff about 5% of its workforce, following a conference call with analysts regarding the quarter that will end in October. While recent results showed sales up… Read more »
Fab announced Tuesday that it will be getting rid of more than 100 positions in its Berlin office as it continues restructuring the business away from flash sales and toward more… Read more »
The new weekend editor at Gawker’s auto-focused Jalopnik blog got hired because he was a knowledgeable commenter on the site, an example of how the feedback loop between writers and readers… Read more »
Although many other U.S. newspapers have shrunk, the Philadelphia Inquirer has suffered more than most. Will Steacy, whose father was laid off from the paper in 2011, has put together a… Read more »
Hammered by declining print advertising revenue in much the same way newspapers have been, Time Inc. announced that it is laying off about 500 of its staff. But are the cuts… Read more »
A private equity firm will pick up the optical business for an undisclosed amount, relieving NSN of one its last remaining ties to wireline networking. NSN’s focus on 4G appears to… Read more »
Despite a grim economy, the tech sector is booming. For entrepreneurial people, there are lots of ways to get a foot in the door, even in a completely new field. This… Read more »