Given its recent string of lousy financial reports, its weak platform strategy and declining share of the the global handset market, I suppose it was only a matter of time before Sony Ericsson began sacking employees again. And it did just that this morning, announcing plans to shutter its Research Triangle Park facility in North Carolina, as well as offices in Miami, India and Sweden.
Add Adobe to the fast-growing list of tech companies sacking employees in November. In an 8-K filing today with the Securities and Exchange Commission, Adobe said it will cut nine percent of its workforce–approximately 680 jobs.
How quickly Sprint has gone from cutting jobs to cutting checks. Not 24 hours after announcing plans to sack between 2,000 and 25,000 employees, the company said it has agreed to invest another $1.18 billion in WiMax provider Clearwire. That’s a big check to be writing, but then, Sprint is Clearwire’s majority shareholder and the carrier’s plans for differentiated 4G services rely heavily on the outfit’s success.
An ugly Monday for Sprint Nextel employees. The company plans to eliminate 2,000 to 2,500 positions in the fourth quarter as part of its effort to reduce labor costs by at least $350 million.
Electronic Arts is betting big on social gaming. This morning, the videogame publisher said it will acquire social network games maker Playfish for $400 million. An interesting move given that the company’s leadership dismissed rumors of such a deal just last month.
Earlier today, Kara Swisher reported in BoomTown that RealNetworks would sack four percent of its workforce–70 employees out of its 1,700-person staff. After the jump, the official internal memo from RealNetworks Founder, Chairman and CEO Rob Glaser, breaking the bad news.
“We are mostly but not all done” with layoffs. So said Microsoft CEO Steve Ballmer in May at the start of a second round of cuts that claimed the livelihoods of some 3,000 employees. Now, six months later, the company is finishing the job. Sources tell TechFlash that Microsoft will make additional job reductions this week–beginning as early as today.
They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine percent in a bid to “improve financial performance and return to growth”–something the joint venture has had a hard time doing since it launched in February 2007.
Ugly news. The end of Sun Microsystems as an independent company after 27 years is to be prefaced with a bloodletting. And a big one too. The company is sacking some 3,000 employees as it awaits the closing of Oracle’s planned $7.4 billion takeover.
So much for Dell’s personal computer manufacturing operations in the United States. On Wednesday, the PC maker said it would close its plant in Winston-Salem, N.C., as part of a long-term restructuring that will see it cut costs by $4 billion by the end of fiscal 2011. Over 900 employees will lose their jobs as a result.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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