Uber plans to lay off another 3,000 employees

Posted on 18/05/2020 by Engadget RSS Feed

Less than two weeks after Uber shared plans to lay off 3,700 employees, the company announced that it will let another 3,000 workers go. In other words, in the course of a month, Uber has made plans to get rid of roughly a quarter of its workforce.Ub...

Uber will lay off 3,700 full-time employees

Posted on 06/05/2020 by Engadget RSS Feed

Uber plans to lay off 3,700 full-time employees, it revealed in a filing with the Securities Exchange Commission today. That represents about 14 percent of its 26,900 employees, CNBC notes.“Due to lower trip volumes in its Rides segment and the Compa...

JCPenney Store Closings

Posted on 16/01/2014 by sumayah

The ultimate motive behind anything is profit (of any kind). And J.C. Penney is no exception to the rule. Like many other retailers and business enterprises that have chosen lean thinking, the...

AOL hands over Patch operations to investment firm

Posted on 15/01/2014 by ap

AOL hands over operations of troubled local-news division Patch to turnaround firm NEW YORK (AP) — AOL is handing over operations of its troubled local-news business, Patch...

Cisco Jobs to Increase in Accordance with Canadian Expansion Plan

Posted on 14/12/2013 by sumayah

The R&D department of Cisco Systems Incorporated is to undergo a sprawl that will include over 1,700 new vacancies for competent personnel in Ontario. The American manufacturer of odds and ends...

Paramount Layoff will Hit 110 Workers

Posted on 02/10/2013 by sumayah

Paramount layoff season come again this year. And the studio is going to lay off almost similar number of employees this year as it did last year. 110 employees out of total 2200 studio workers will...

BlackBerry to Downsize 40% of its Staff

Posted on 19/09/2013 by sumayah

BlackBerry is in the midst of tragic times. The debut of the Z30 looked like a reversal of fortunes for the company. Yet with 40% of the workers liable to be downsized by the end of 2013, the good...

AMD could slash up to 30 percent of its workforce according to reports

Posted on 13/10/2012 by Alexis Santos

AllThingsD and CNET are reporting that 30 percent of AMD's workforce could be laid off, though one of several unnamed sources notes the cuts could be as low as 10 percent. If these reports hold true, this would be the second round of layoffs for AMD within a year's time. The reductions will reportedly affect the firm's engineering and sales employees, and may be serious enough to cause a paring back of product lines. The silicon giant could potentially reveal its plans as early as next week, which would coincide with the announcement of its third quarter financial results. With the company expecting a ten percent revenue drop in Q3, it looks like the latest figures will continue the trend of less than ideal results.

Filed under: Desktops, Gaming, Laptops, AMD

AMD could slash up to 30 percent of its workforce according to reports originally appeared on Engadget on Fri, 12 Oct 2012 20:20:00 EDT. Please see our terms for use of feeds.

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