News about lay offs
  • Dell cuts staff worldwide

    Dell on Wednesday said it had laid off staff at different sites worldwide in an effort to cut costs and streamline operations.

  • Nortel to lay off another 3,200 workers

    Nortel Networks Wednesday said it will lay off 3,200 workers in addition to 1,800 layoffs previously announced as it undergoes a restructuring that is part of its Chapter 11 bankruptcy filing in the US and a similar creditor protection filing in Canada.

  • Microsoft lets laid-off workers keep extra cash

    Microsoft has decided to let 25 recently laid-off workers keep overpaid severance payments, after first asking them to return the money.

  • Cisco is not ruling out layoffs

    Cisco is not ruling out layoffs as it grapples with the worldwide economic downturn.

  • IBM confirms job cuts

    A union that is trying to organize workers at IBM is reporting that the company cut more than 2,800 jobs recently, but an IBM spokesman would only confirm that some layoffs have occurred.

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