Struggling Lenovo to cut 3200 jobs, streamline handset business
Lenovo is laying off 3200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.
Lenovo is laying off 3200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.
Yahoo is closing its only remaining office in China and laying off between 200 and 300 employees there, news reports said on Wednesday.
Citrix Systems announced better than expected financial results for the last quarter but also a restructuring plan that will see 900 jobs being cut.
Microsoft has handed out pink slips in a third round of job cuts that "almost" concludes its plan to eliminate 18,000 positions.
AMD's new chief is making her mark quickly: By the end of 2014, the chipmaker will cut worldwide headcount by about 7 percent in a restructuring plan it hopes will put it on the path to improved profits.