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Intel to cut 12,000 jobs, lowers FY sales outlook
2016-04-20 09:19:00| Telecompaper Headlines
(Telecompaper) Intel has announced a major restructuring initiative with the reduction of 11 percent of its workforce. It also said it was moving its CFO to a new role and posted first-quarter revenues up 7 percent from the year before. Intel said the restructuring will accelerate its transformation from a PC company into one that powers the cloud and billions of smart, connected computing devices. To achieve this, the company will cut 12,000 positions worldwide by mid-2017.
Intel to cut 12,000 jobs globally
2016-04-19 23:51:15| BBC News | Business | UK Edition
Computer chip maker Intel says it is cutting 12,000 jobs - about 11% of its workforce - over the next 12 months.
American Apparel to cut jobs amid production redesign
2016-04-12 11:07:00| Daily apparel & textile news and comment - from just-style.com
American Apparel is to cut more jobs as part of plans by the troubled US retailer to redesign its production processes and potentially outsource the manufacture of more complicated garments.
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Fiat Chrysler to cut 1,300 jobs in first layoff since 2009
2016-04-06 22:44:56| Auto Dealers - Topix.net
Fiat Chrysler will cut 1,300 jobs from a Detroit-area auto plant, the first permanent layoff at a U.S. auto plant since the crisis days of 2009. The workers losing their jobs at the Sterling Heights, Mich., plant build the Chrysler 200, a midsize sedan that hasn't fared well.
Nokia to cut jobs in bid to hit 900m synergy target
2016-04-06 02:00:00| Total Telecom industry news
Unspecified number of redundancies to be made in overlapping roles in R&D, corporate, sales departments.
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