Job site delays profitability target
By Anand Menon JobStreet.com, an employment Web site, is delaying its profitability goal as the global economic slowdown continues to impact its business. Though its CE...
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Novell trims Asian jobs
The Asian arm of networking software maker Novell has cut 21 percent of its work force, following its parent company's decision to slash about 19 percent of its jobs. Pro...
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Agere cuts 950 more jobs
Optical components maker Agere Systems announced Wednesday that it plans to cut an additional 950 jobs on top of the 6,000 job cuts announced in June and April. The move ...
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Newspapers unite online job ads
The interactive editions of three old-guard newspapers are teaming to sell job listings, an effort to recover some lost ground in the growing Net classifieds market. The ...
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Jobs to speak a day earlier
Apple Computer CEO Steve Jobs' address at Macworld Expo in San Francisco has been moved up one day. He was originally set to speak on the second day of the conference, wh...
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Job losses drag down techs
Good news from the technology sector wasn't enough to excite investors coping with dour unemployment figures from the government Friday.The Dow Jones industrial average w...
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Job security for HP-Compaq merger team
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Excite@Home slashes 400 jobs
Excite@Home laid off about 400 workers Friday, part of the high-speed Internet access provider's broader strategy to wind down operations and close shop on Feb. 28.
Re...
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Why Net searches for jobs are so popular
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Jobs: Flat-panel iMacs on the way
Apple Computer CEO Steve Jobs saved the best for last on Monday, unveiling new flat-panel iMacs near the end of his keynote speech at the Macworld Expo in San Francisco.
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Jobs earns $1; Apple stores forecast loss
Apple Computer gave CEO Steve Jobs $1 in regular salary and an airplane in fiscal year 2001, while other executives each received 1 million stock options in a down year f...
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Microsoft reshuffles UltimateTV, cuts jobs
Microsoft confirmed Tuesday that it is restructuring its UltimateTV group and will eliminate one-third of the 500 positions within it.
The UltimateTV service, which off...
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Marconi to cut 4,000 jobs
Telecommunications gear maker Marconi said Tuesday that it will cut an additional 4,000 jobs to spur the company's return to profitability. The U.K.-based company suffere...
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Gateway sees sales plummet, axes jobs
PC maker Gateway on Thursday confirmed a steep drop in fourth-quarter sales, announced more job cuts and store closures, and said it would reduce PC prices.
Gateway is ...
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Fewer tech job cuts reported in January
The number of job cuts in the technology industry fell again in January, according to outplacement firm Challenger, Gray & Christmas. About 1,800 workers were laid off du...
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Apple puts a number on job cuts
Apple Computer disclosed Monday that it cut 375 positions in the December-ending quarter and plans to cut 50 more as part of a previously announced restructuring.
The Ma...
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Homestore cutting jobs, hit with lawsuit
Real estate site Homestore.com is cutting 300 jobs as part of a business reorganization, the company said Tuesday.
Homestore also has sold its eNeighborhoods unit as par...
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Apple: Auditors for financial jobs only
Apple Computer on Friday announced that it has adopted a new policy prohibiting its auditors from doing any non-financial consulting work.
The possibility of conflic...
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Verizon to eliminate 10,000 jobs
Verizon Communications plans to eliminate 10,000 positions this year, or about 4 percent of its work force, a company spokeswoman said Monday.
Spokeswoman Sharon Cohe...
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Mobile-IT company cuts jobs
Aether Systems, which helps companies incorporate mobile devices into their IT departments, said Monday that it is cutting 225 jobs, or a quarter of its work force.
...
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WorldCom to cut 3,700 jobs
WorldCom, the country's second-largest long-distance company, is eliminating 3,700 jobs, about 4 percent of its work force, the company confirmed Wednesday.
The cuts will...
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Options add to Jobs' $1 salary
Apple Computer Chief Executive Steve Jobs again took home $1 in salary last year, but don't feel too bad for the guy. Jobs was also granted 7.5 million stock options last...
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New Focus cuts more jobs
Tunable laser maker New Focus will shed a business unit, which will result in the closure of an overseas manufacturing facility and the loss of about 350 jobs, the compan...
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Apple pares a small number of jobs
update Apple Computer on Thursday cut a small number of jobs as part of an ongoing restructuring effort, CNET News.com has learned.
The cuts, which are the latest in a s...
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Enterasys to cut jobs in comeback bid
Enterasys Networks said Monday it would cut 30 percent of its work force as part of a restructuring plan.
The maker of network equipment said it will reduce its staff ...
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HP's drama: Job cuts, court battles
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HP gives staff details on post-merger jobs
update Hewlett-Packard this week outlined the severance package it will give 15,000 workers should the merger with Compaq Computer go through.
HP has told workers t...
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Ericsson plans to slash 20,000 jobs
More than 20,000 Ericsson employees face layoffs after the company posted a greater-than-expected loss for the first three months of this year on Monday and announced an ...
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Yahoo cuts auction jobs in change
Yahoo Auctions has laid off employees in the United States and Canada as part of a recent business reorganization, a company representative said Friday.
Less than 40 pe...
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CoSine to cut jobs, reduce spending
Battered by the continuing downturn in the economy, CoSine Communications on Thursday announced plans to lay off 45 percent of its work force.
A CoSine representative s...
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