Layoffs

With More IBM Layoffs Due, Vermont Seeks Better Notice

Posted In Looking in Tech
Layoffs
While IBM employees brace themselves for yet another round of layoffs, Vermont Labor Commissioner Annie Noonan is calling for better notice and more authority over such “workplace actions.” Big Blue has been downsizing its workforce in North America for years, though it usually doesn’t announce specific numbers and couches it in terms of its expected cost savings. IBM’s union, Alliance@IBM, is expecting roughly 15,000 workers to be cut at Big Blue’s manufacturing plants in Vermont and New York around Feb.… continue…

Sony Selling PC Unit and Cutting 5,000 Workers

Posted In Looking in Tech
Sony Vaio
Sony is selling its PC business to Tokyo-based investment fund Japan Industrial Partners (JIP) and plans to lay off 5,000 workers by the end of fiscal year 2014, marking the latest PC maker to rethink its strategy after 2013 returned the worst-ever sales for the PC market. Sony is saying goodbye to its Vaio line, which could largely disappear in markets outside Japan, according to PC World. The Japanese electronics maker plans to focus on smartphones and tablets instead. The… continue…

Disney Interactive to Cut Workforce

Posted In Looking in Tech
Disney Logo
The gaming industry has seen its ups and downs, and Disney Interactive has experienced more downs of late. The Walt Disney Co. is apparently plotting another round of layoffs at its video game and digital media division, according to a source who spoke to the Los Angeles Times. The layoffs are expected to affect several hundred people, notes The Wall Street Journal, and would follow other recent cuts in the division. Early last year, for example, Disney Interactive laid off… continue…

Dell Confirms Layoffs; Says Less than 15,000

Posted In Looking in Tech
Dell Logo
Responding to earlier reports that it was looking to cut 15,000 workers from its payroll, struggling Dell says the figure is way off the mark and that a “very small percentage” of its workers are taking a voluntary buyout, according to The Register. Still, the privately held Texas-based company declined to say just how many “very small” amounts to. At the end of its fiscal year in February 2013, Dell had 111,300 employees. In a statement, the company said, “It… continue…

Dell Job Cuts Could Hit More than 15,000

Posted In Looking in Tech
Dell Logo
Dell reportedly plans to shed more than 15,000 jobs as the now-private company restructures in light of the fading PC market. One insider told The Register: “It’s going to be a bloodbath.” Dice News previously reported that as many as 9,000 Dell employees could get the boot, including 20 percent of its U.S. marketing and sales force. The Reg, however, says all departments will be hit with layoffs, including engineering. The Round Rock, Texas-based company has not confirmed the layoff… continue…

Zynga to Cut 15 Percent of Staff

Posted In Looking in Tech
Zynga's FarmVille
Struggling games maker Zynga is taking an axe to its workforce again, this time cutting 15 percent of its employees, the company said. Zynga made its announcement as part of its fourth quarter earnings report, which revealed a 31.8 percent drop in annual revenue, to $873 million, along with a narrower loss of $37 million. Zynga plans to cut 314 employees and take other cost-cutting measures, such as lowering the amount it spends on its data center infrastructure. Last year,… continue…

EMC Restructuring Means Job Cuts Here, Hiring There

Posted In Looking in Tech
EMC Logo
Storage giant EMC has announced a restructuring that will involve about 1,000 job cuts, though with simultaneous hiring the company expects to end up with the same headcount as before, or even “slightly more.” EMC had 60,000 employees at the start of the year. The restructuring is “almost a mirror image of what we did last year,” David Goulden, CEO of EMC’s Information Infrastructure business, said during the company’s quarterly earnings call. In May, EMC said it would cut 1,004… continue…

Chipmaker Semtech to Cut 6 Percent of Staff

Posted In Looking in Tech
Semtech Logo
Camarillo, Calif.-based chipmaker Semtech Corp. has announced plans to lay off 6 percent of its workforce due to reduced demand for its products. The company expects to save $35 million with the reductions during its 2015 fiscal year. Semtech makes chips used in automated test equipment and power-management devices. Its most recent annual report, from last March, listed global headcount of 1,433 – meaning the cuts would affect about 86 jobs. The company did not say how many jobs would… continue…

Layoffs Cut Crossroads Systems’ Staff in Half

Posted In Looking in Tech
Crossroads Systems Logo
Two rounds of layoffs have left Austin-based software maker Crossroads Systems with just 48 workers, according to the Austin Business Journal. The company develops software designed to connect and protect data for enterprise storage and cloud computing. Its headcount stood at 99 last March, when it was pinning its turnaround hope on StrongBox, a plug-and-play device designed to manage tape storage systems. The company now employs 22 workers in research and development; 14 in sales, marketing and business development; and… continue…

Bank of America Said to Be Cutting Tech Jobs

Posted In Looking in Tech
Bank of America Logo
Bank of America has kicked off a round of layoffs at multiple locations. Though the number of workers and the types of jobs weren’t revealed, at least some are in the company’s Charlotte, N.C., Global Technology and Operations unit, according to the Charlotte Observer. One Charlotte-based technology employee said that the laid off workers will come from both inside and outside the U.S. The employee, who spoke to the paper under the condition of anonymity, said that he or she… continue…