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Defense contractor Harris to cut 360 jobs in Fort Wayne
2015-07-16 14:53:00| Telecom - Topix.net
A contractor with the U.S. military says it's getting rid of 360 jobs in its Fort Wayne facility as it moves radio manufacturing to an existing plant in Rochester, New York. Harris Corporation announced Wednesday that job cuts will begin this fall and finish by the middle of next summer.
Defense contractor Harris to cut 360 jobs in Fort Wayne
2015-07-16 14:43:37| Wireless - Topix.net
A contractor with the U.S. military says it's getting rid of 360 jobs in its Fort Wayne facility as it moves radio manufacturing to an existing plant in Rochester, New York. Harris Corporation announced Wednesday that job cuts will begin this fall and finish by the middle of next summer.
Microsoft to cut 7,800 jobs, takes $US7.6b writedown on Nokia
2015-07-09 11:15:11| Wireless - Topix.net
'Tough choices have to be made': Buried deep in Microsoft chief executive Satya Nadella's 1,500-word email to staff last week was a warning. Microsoft plans to cut as many as 7,800 jobs and write down about $US7.6 billion on its Nokia phone-handset unit, wiping out nearly the entire value of a business that failed to gain market share since it was acquired last year.
Tags: jobs
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microsoft
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Microsoft to cut 7,800 jobs, takes $US7.6b writedown on Nokia
2015-07-09 00:01:52| Telecom - Topix.net
'Tough choices have to be made': Buried deep in Microsoft chief executive Satya Nadella's 1,500-word email to staff last week was a warning. Microsoft plans to cut as many as 7,800 jobs and write down about $US7.6 billion on its Nokia phone-handset unit, wiping out nearly the entire value of a business that failed to gain market share since it was acquired last year.
Tags: jobs
takes
microsoft
cut
Microsoft to cut 7,800 jobs at mobile phone business
2015-07-08 16:27:00| Telecompaper Headlines
(Telecompaper) Microsoft has confirmed plans to cut up to 7,800 jobs, mainly at its mobile phone business. In addition, the company will take an impairment charge of USD 7.6 billion to write down the value of the phone business acquired from Nokia last year. The restructuring is expected to cost another USD 750-850 million. Microsoft CEO Satya Nadella said in an email to staff that the restructuring is aimed at better integrating the phone business in the Windows ecosystem, rather than a standalone device operation. "In the near-term, we'll run a more effective and focused phone portfolio while retaining capability for long-term reinvention in mobility," he said, suggesting the company will scale back further the range of phones available. Microsoft said most of the restructuring should be completed by the end of the calendar year and the operation fully completed by the end of the company's fiscal year. This is the second major round of job cuts at Microsoft since it acquired the Nokia business. In July last year, the company announced the elimination of in total 18,000 positions.
Tags: business
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mobile
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