Result for: “layoffs” categories

RIM prepping to axe 2,000 employees: Report

By: Sahil Bones Gupta |May 29th, 2012 at 11:18AM
Filed Under: News, RIM, e587

RIM has been going through a rough time but the worst is yet to come. In January, its co-Founders and co-CEOs stepped down to make way for Thorsten Heins and last week its global head of sales Patrick Spence left the company after fourteen years. Ever since January, senior managers have been steadily leaving the company and now The Globe and Mail is reporting RIM is prepping to layoff as many as 2,000 employees as a part of a global restructuring plan, which will make the company leaner. The announcement is l...

Nokia cuts 3,500 more jobs

By: Zach Epstein |Sep 29th, 2011 at 05:01PM
Filed Under: Business, Cluj, Location & Commerce, Nokia

Nokia announced on Thursday that it will “continue to align its workforce and operations” by reducing its headcount by roughly 3,500 workers. This new round of personnel reductions is in addition to earlier cuts announced this past April, and it will take effect by the end of next year. Approximately 2,200 of the laid off workers will come from the closure of Nokia’s factory in Cluj, Romania, which began operations in 2008, and another 1,300 cuts will take place within the company’s Lo...

Bloomberg: Nokia’s retooling could lead to 6,000 lost jobs

By: Andrew Munchbach |Apr 13th, 2011 at 12:39PM
Filed Under: Business, Mobile, Nokia, Nokia Oyj, staff, workers

A report filed by Bloomberg paints a grim picture for Nokia Oyj workers the world over. With an announced and looming restructuring in the works, the publication writes that “a reduction in research and development activities is set to be announced by the end of the month” and that “as many as 6,000 jobs” could be cut. Back in February — just days before Mobile World Congress — the company’s new CEO, Stephen Elop, announced that Nokia would adopt Microsoft’s recently ...