Nokia Corp, which is struggling to survive as it competes with iPhone and Android phones, will cut jobs in China, its biggest regional market, Shanghai Daily reported on July 13.
Google on August 13 confirmed that Motorola Mobility, now a wholly-owned subsidiary of the Internet search giant, will cut about 4,000 jobs or 20 percent of its workforce, as reported by Xinhua. Two-thirds of the redu...
Manufacturing employment has grown faster in the US than in any other leading developed economy since the start of the recovery, raising hopes for an American industrial renaissance, according to Financial Times on Ja...
As it str uggles w ith the declining popularity of the Black Berr y line of smartphones,Research in Motion said on Monday that it would begin laying off about 2,000 employees,10.5 percent of its work force,this week.
Verizon Communications Inc., coping with subscriber losses at its fixed-line phone business, plans to cut about 13,000 jobs at the division this year after posting fourth-quarter revenue that missed analysts' estimat...
China's Lenovo, the world's fourth largest personal computer manufacturer, is expected to cut 2,500 jobs, about 11 percent of its global workforce, said a company statement posted on the Hong Kong stock exchange Web...