Additional cost saving measures include a reduction of consultants, streamlining of processes and reduced facilities, said Ericsson
In anticipation of a challenging mobile market 2024, Ericsson has announced plans to cut its workforce in Sweden by 1,200. In a statement, the company explained that the...
Qualcomm will layoff 1,258 workers in San Diego and Santa Clara, beginning in December
Pointing to the ongoing poor sales performance of its phone chips, Qualcomm notified the California Employment Development Department that it plans to cut 1,258 positions in San Diego and Santa Clara,...
T-Mobile US CEO Sievert said the roles being eliminated represent those that are 'duplicative' or are no longer relevant to the company’s current direction
T-Mobile US this week revealed plans to cut 5,000 jobs, or about 7% of its workforce. According to a company-wide email...
Ericsson will shut down its self-provided U.S. field services operations as of October 1, and it's laying off more than 750 people from its North American workforce. The company cited costs and a downturn in market demand as the reason for its exit from...
Dell is set to cut about 5% of its global workforce, or about 6,000 jobs, amid a slump in PC demand and "uncertain" market conditions, according to a regulatory filing with the Securities and Exchange Commission.
In the filing, the company said that the...
AT&T is proceeding with a three-year, $6 billion cost-cutting effort that includes asset sales and layoffs
AT&T has confirmed that it will lay off around 4,700 employees and close 250 retail stores permanently.
The Communications Workers of American union said that it was informed by AT&T...
Qualcomm, NXP continue to pursue acquisition despite China's initial rejection
Qualcomm and NXP Semiconductors bought more time to complete the combination of their companies by withdrawing and refiling their notice of acquisition in China. They did so at the request of the Ministry of Commerce...
Microsoft announced it will layoff 7,800 employees as it restructures its phone business to accommodate the $7.6 billion acquisition of Nokia Devices and Services.
In an e-mail to employees, Microsoft CEO Sataya Nadella said the move was in effort to “focus our talent and investments...
