Layoffs

Computer Sector Ranks No. 5 in Job Cuts

Posted In Looking in Tech
Layoffs
Although the computer industry generated the fifth largest number of job cuts last year, it’s poised to post strong gains in certain slivers of the sector in the new year, according to a Challenger, Gray & Christmas report released Friday. The computer sector lost 35,136 jobs last year, according to the report, as Hewlett-Packard cut tens of thousands of employees from its payroll and companies like Cisco and Intel also announced large cuts. In the month of December alone, the… continue…

Macheen Cuts Staff, Swaps CEOs

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Mobile cloud platform provider Macheen has instituted a round of layoffs and reversed its CEO switch involving its founder and chairman. The Austin, Texas, startup  laid off an unspecified number of workers, reports the Austin Business Journal. Additionally, its founding CEO Richard Schwartz told the journal that the company is “redirecting resourcing,” as part of internal changes and a greater focus on a software-as-a-service strategy. The company has also reportedly decided to focus on end users, rather than OEM clients… continue…

Closings, Mergers Threaten Hospital IT Jobs

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Health IT
IT workers at the nation’s hospitals are watching as healthcare’s shifting tides reshape how they do their jobs – and if they’ll be able to keep them. Hospitals are grappling with regulatory changes, shrinking Medicare reimbursements, HIPAA-related privacy and security issues and, more than anything else, significant budget cuts. In turn, IT personnel are facing layoffs, and some are rethinking how and where they work. Nowadays, the rate of hospital closures and acquisitions is rising. The Centers for Disease Control… continue…

HP Cuts 5,000 More Jobs Amid Drought in PC Sales

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Hewlett-Packard cuts more jobs as economy, tablet sales continue to hurt global market for PCs and other hardware. continue…

HP to Expand Layoffs, Restructuring New Business Model?

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Hewlett-Packard revealed in its annual report Monday it plans to cut an additional 5,000 workers as part of its restructuring plan – bringing the total carnage to 34,000 pink slips. These cuts are part of its 2012 company-wide restructuring, which was initially expected to affect 27,000 workers and later revised to 29,000. The company cited “continued market and business pressures” as the reason for increasing the layoffs to 34,000. The additional layoffs also follow a pledge in October by CEO… continue…

Benjamin Moore Cuts, Outsources IT

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Paint manufacturer Benjamin Moore is laying off about half of its IT department — more than 50 people — as it outsources its technology operations to an unnamed India-based vendor, according to the New York Post. “They’re laying them off in waves in the spring, and they’re being forced [now] to train the people that are going to replace them,” a source told the Post. “This is the new culture.” The move comes as Montvale, N.J.-based Benjamin Moore freezes the… continue…

Cadence Design Systems to Layoff in January

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Cadence Design Systems is gearing up to cut 60 workers from its San Jose, Calif., headquarters next month, as the design automation tools maker anticipates ending 2013 with smaller than expected profits. The layoffs are planned for Jan. 4, according to the company’s notice to the State of California. The cuts represent roughly 1 percent of the 5,200 workers the company employed worldwide at the close of 2012. While Cadence is expected to generate revenue of $1.45 billion for 2013… continue…

Boeing to Set Up Five R&D Hubs, Move Jobs

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Boeing plans to set up five research and developments centers around the country that could move up to 1,200 engineering and technology jobs out of Washington State. Up to 300 jobs are to be cut in Southern California. The move will reduce the company’s reliance on unionized engineers in the Seattle area. Earlier this year, Boeing announced plans to shift information technology and engineering work to other states. “Our customers have a common need for new technology that can be… continue…

Avon Ditches SAP Project, to Cut 650 Jobs Globally

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Beauty company Avon has pulled the plug on an SAP-based order-management system and plans to cut 650 jobs globally. The cuts are part of a previously announced $400 million cost-saving initiative, although they’re expected to include positions in North America and those related to the service model transformation (SMT). The company said in a securities filing that a pilot of the new software in Canada caused “significant business disruption in that market, and did not show a clear return on… continue…

Another 80 BlackBerry Workers Get the Axe

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BlackBerry has cut another 80 workers in Waterloo, Ont., as part of its efforts to reduce global headcount by 4,500. The company told CBC News that “we are in a period of transition and we must focus on enhancing our financial results to be in a better position to compete in this current mobile environment.” The beleaguered mobile-phone maker will report third-quarter earnings on Dec. 20 and once again, they’re not expected to be pretty. The company has missed analysts’… continue…