Sprint to Lay Off Unknown Number of Workers
Sprint is prepared to lay off an unknown number of employees, according to filings the company made with the Securities and Exchange Commission. The cuts are part of a restructuring plan that the company announced today. Sprint employs about 39,000 people around the U.S. The Associated Press suggests the cuts might be significant based on the size of the charges Sprint expects to take on the workforce reduction. Sprint said it is still reviewing how many employees it will cut, but expects the reductions to be complete by June. More information should become available when Sprint announces earnings February 11.
Jolla Announces Layoffs Amidst Restructuring
Nov 20, 2015
Jolla today said the company is restructuring its finances and laying off the bulk of its employees. Jolla was launched by former Nokia employees and created Sailfish OS and several phones and tablets.
Lenovo Announces Layoffs, Remains 'Committed' to Motorola
Sep 26, 2016
Lenovo today announced a workforce reduction that will see close to 2% of the company's 55,000 employees losing their jobs. Most of the more-than-1,000 cuts impact Lenovo-owned Motorola.
Microsoft to Cut 1,850 Smartphone Workers
May 25, 2016
Microsoft today said it plans to further streamline its smartphone business, an action that includes job cuts and restructuring charges. The company plans to cut 1,350 jobs from its facilities in Finland, as well as another 500 jobs globally.
Twitter to Cut 8% of Workforce In Bid to Save Cash
Oct 13, 2015
Twitter today revealed plans to cut 336 workers, or about 8% of its employees. The cuts come just a week after co-founder Jack Dorsey was re-named CEO.
Yahoo Expected to Announce Restructuring
Feb 1, 2016
Yahoo will unveil a plan to cut costs on Tuesday, reports the Wall Street Journal, which will include closing select business units and further trimming its workforce. Yahoo CEO Marissa Meyer and CFO Ken Goldman will discuss the plans after announcing the company's fourth quarter results.
Ticking time bomb....
They are dropping workers just like they drop calls