By:
Andrew Munchbach |Apr 13th, 2011 at 01:39PM
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 ...
By:
Andrew Munchbach |Mar 5th, 2011 at 02:34AM
Following in Apple’s footsteps, AT&T has reduced the price of original iPad models by $100 online and in its retail locations. A 16GB iPad will now retail for $529, 32GB for $629 and 64GB for $729. If you were contemplating an iPad before, and aren’t blown away by the new features of the iPad 2, hit up your local AT&T or Apple Store and save. Anyone out there going to pick up an original iPad in light of the iPad 2 announcement? (more…)
By:
Zach Epstein |Feb 23rd, 2011 at 12:57PM
An unconfirmed report from industry watcher DigiTimes suggests Apple may have been forced to reduce its first-quarter iPad production by as much as 50%. The report cites upstream component makers in claiming Apple’s first-quarter iPad 2 production volume has been revised down from between 400,000 and 600,000 units to between 300,000 and 400,000 units. The new lower production targets are allegedly the result of display panel shortages and last-minute specification changes Apple made ahead of production....
By:
Zach Epstein |Jan 14th, 2011 at 04:44AM
A Nokia spokesperson confirmed on Thursday that Nokia will cut fewer jobs in an upcoming round of layoffs than it initially announced. Speaking with Bloomberg Businessweek, Nokia spokeswoman Paeivyt Tallqvist confirmed that Nokia’s upcoming workforce reductions would trim 500 workers from various locations in Finland. The cell phone maker said last month that 800 employees would be let go. According to the revised agreement with unions, Nokia will cut 120 jobs from its headquarters in Espoo, 198 from i...
By:
Zach Epstein |Jan 12th, 2011 at 02:44PM
Sprint on Wednesday lowered the price of the popular Samsung Galaxy Tab Android tablet to $299.99 with a new two-year contract or $499.99 with no contract. The new pricing represents a $100 reduction for both on-contract and contract-free purchases. It also lines up with Best Buy’s adjusted pricing for Sprint’s Galaxy Tab, which BGR reported exclusively last week. The Galaxy Tab was a big success for Samsung in 2010, having sold over 1 million units in less than two months of availability. The tab...
By:
Andrew Munchbach |Nov 4th, 2010 at 06:52PM
Today, during their Q3 2010 earnings call, WiMAX network operator Clearwire announced that it would be slashing 15% of its workforce and instituting several “cash conservation measures” in an attempt to raise “short-term funding.” As the earnings brief reads:While the Company is cautiously optimistic it will resolve its short-term funding needs in the near future, there can be no assurances. Thus, it is implementing a series of significant cash conservation measures to reduce costs, in...
By:
Kelly Hodgkins |Feb 10th, 2009 at 01:13PM
Despite solid Q4 2008 earnings, Verizon Wireless is apparently not layoff-proof in this struggling economy but then no company is. Rumor has it that Verizon is in the process of an unannounced work force reduction that began yesterday, February 9th. The rumored layoffs will continue through the end of the month and will affect an unknown number of employees from management level down. As always is the case, low performing employees and those facing disciplinary action are at the highest risk of losing their j...