Restructuring Charge
121 Stories
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Lucent to trim staff in Asia
News Some of Lucent Technologies Inc's 10,900 employees in Asia Pacific will be affected by the networking company's latest round of job cuts.
Juniper employees get their walking papers
News The struggling network-equipment maker completes its previously announced layoffs, cutting about 100 jobs.
Seagate profit falls on sales woes
News Seagate Technology, the largest independent computer disk-drive maker, said fiscal second-quarter profit fell 71 percent as steep price competition caused sales to decline.
Sun to lay off another 3,000 employees
News In preparation for its takeover by Oracle, server maker says it expects to cut about 10 percent of its global workforce over next 12 months.
Tags: Business Strategies & Functions, IBM Corp., restructuring, European Commission, restructuring charge, job, Business Strategies & Functions, Larry Ellison, Workforce, Sun Microsystems Inc.
EA boosts layoffs to 10 percent of workforce
News Electronic Arts announces plans to broaden the scope of its layoffs, to close or consolidate nine locations, and to reduce its product line.
Tags: Forecasting, Sales/revenue, Budgeting/cost control, HR policies and procedures, Workforce, Europe, Sales, British Columbia, layoff, Forecasting
Alcatel to sell bulk of its 120 plants
News Alcatel SA, the French phone equipment maker, is selling most of its 120 plants in a move to streamline its operations.
F5 Networks fires 17% of staff to cut costs
News F5 Networks Inc, a maker of equipment to manage Web traffic, said it fired 17 percent of its workforce, or about 100 people, to cut costs as part of a reorganization.
Future looks bleak for some Compaq staff in AP
News Compaq Computer Asia Pacific and its 7,000-odd employees have not been spared the threat of job cuts.
Future looks bleak for some Compaq staff in AP
News Compaq Computer Asia Pacific and its 7,000-odd employees have not been spared the threat of job cuts.
Bulk of Alcatel's 120 plants to go
News Alcatel SA, the French phone equipment maker, is selling most of its 120 plants in a move to streamline its operations.
VA Linux to slash 25 percent of staff
News The maker of servers and storage systems for Linux hits the bottom end of its lowered range of expectations.
VA Linux to slash 25 percent of staff
News VA Linux will cut 25 percent of its work force, after hitting the bottom end of its lowered range of expectations and falling short of analyst estimates in its fiscal second quarter.
SGI lays off 12 percent, names new execs
News Company plans layoffs to help it recover from financial problems and will "aggressively pursue new markets."
Tags: Financial, Layoffs, Change mangement
eBay lays off 1,000 employees
News Online auctioneer, soon reporting third-quarter results, also announces plans to acquire Danish classifieds specialists Den Bla Avis and BilBasen for approximately US$390 million in cash.
Tags: Layoffs, Acquisitions, eBay Inc., Workforce, non-GAAP, GAAP, earnings per share, temporary worker, online retail company, retail company
F5 retrenchments hit S'pore, Asia 
News F5 Networks Singapore Pte Ltd has confirmed that employees here were affected by its parent company's cut of 100 people.
