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Tag Archives: job cuts

Apple has apparently cut iPhone production by 30%

It looks like Apple is currently scaling back on the production of iPhones according to new reports this week. Apparently, Apple is cutting down on its iPhone orders by 30 percent, which is having a knock-on effect on the Chinese suppliers, which have had to lay off staff due to …

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Toshiba to cut 7,800 jobs following accounting scandal

Toshiba is facing hard times right now, the company’s former President and CEO Hisao Tanaka stepped down around six months ago, following a revelation that the company had $ 1.2 billion in declared false profit. Obviously, this is a serious offense that will require Toshiba to pay out a hefty …

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Microsoft confirms 60 job cuts in Hololens team

Microsoft has confirmed that it has cut 60 jobs from the Hololens team as part of a shift in priorities in the development of the augmented reality headset. The team based in Israel was affected, with 30 full-time workers and 30 third-party contractors affected, the development of the Hololens will …

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Warner Bros to be hit with company wide layoffs

Warner Bros is set to be hit with a company wide wave of layoffs later this week according to multiple reports. This could very well have a significant effect the Interactive Enterainment division which is responsible for publishing the Batman Akrham series, The Witcher series, the FEAR series along with …

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Microsoft set to cut 18,000 jobs by March 31st 2015

Microsoft has officially announced its plan to cut 18,000 jobs by the 31st of March next year. However, it’s the company’s recently acquired Nokia device and services division that will be hit the hardest, receiving around 12,500 of the overall job cuts. The mass job cuts were announced by Microsoft …

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Panasonic to axe 35,000 employees

Panasonic are to cull 35,000 people from their workforce over two years, as they are losing money from restructuring costs associated with damage from the March 11th disasters. President Fumio Ohtsubo has said that the company will streamline operations to boost profitability, including selling some of its business and to …

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