Tag Archives: layoff
Massive layoff by Fitbit could spawn a $200 million savings
After buying Pebble, Fitbit has dropped rumors of some imminent plans. One of the current priorities of Fitbit is to execute a layoff which will include about 10 percent of the employees facing the...
The Best "Sleeper Ideas" For Trends, Stocks, And Private Companies To Watch In 2014
This is the third year in a row that I’ve asked friends and colleagues of mine to make predictions for the coming year. In the past, when I’ve done these predictions, I’ve turned to mostly traders...
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This Man’s Business Is Providing Fake Job Histories And References
After William Schmidt lost his job as part of a mass layoff from a Columbus, OH auto parts distributor in 2009, several colleagues who had also lost their jobs asked him if he would act as a...
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HP cutting 1,124 jobs in the U.K., says report
Layoffs are a part and parcel of a successful business. But if the layoffs rise to more than a thousand, the company suddenly becomes the center of attention, and, sometimes, criticism. Such is the...
HTC VP of Global PR Departs Just After 4 Months
HTC is facing too many things at a time. After a massive yearly layoff, the smartphone maker is losing its senior executives one by one. Now a fresh face departs. The Vice President of Global PR,...
Paramount Layoff will Hit 110 Workers
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...
HTC America Layoffs Affect 20% Workforce
At least 20% of the workforce at HTC America has been laid off in an effort to turn the fortunes of the company around. What that translates to in ordinary language is that 30 employees from a total...
IBM Layoffs are Underway
IBM is in a new round of layoffs in the United States. Posts on the IBM union Alliance@IBM board report about various layoffs across different IBM locations. Computerworld reports that 1,300...
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Zynga Announces Layoffs for Cost Reduction
Sometimes what hurts you can heal as well. This seems to be the case with Zynga, the video game producer, which is to downsize over 500 of its employees in an unprecedented move, the first of its...
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