Microsoft to Trim Another 2,850 Employees
Microsoft revealed more job cuts on Thursday as it continues to wind down its mobile phone business. The company plans to reduce headcount by 2,850 employees, primarily in its mobile phone and sales businesses. These cuts are in addition to the 1,850 job eliminations announced in May, also in the phone unit. Microsoft expects to finalize the cuts by the middle of 2017. Windows Phone's presence in the smartphone market has been hovering around 1% for the last few quarters.
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.
Intel to Trim 12,000 Employees and Refocus Chip Biz
Apr 19, 2016
Intel today announced a major shakeup for its business over the next 18 months. The company said it plans to focus on data centers and the Internet of Things moving forward, which are Intel's fastest growing revenue sources.
T-Mobile Says It Will Rely On 100% Renewable Energy By 2021
Jan 29, 2018
T-Mobile won't be swapping its magenta duds for green, but the company has committed to moving its business to 100% renewable energy by 2021. The company already buys power from the wind-driven Red Forks Wind Power Project in Oklahoma, which went online late last year.
Sprint Cuts 2,500 Jobs to Reign In Expenses
Jan 26, 2016
Sprint has trimmed some 2,500 employees at various job sites, said the company. The cuts were primarily made at its Kansas headquarters and six customer care centers.