Editor’s Note: Guest Author Pradeep Yadav, a technology lover, analyzer and  love reporting about different technologies. We earlier reported that...

The scandal-hit Olympus is planning to cut some 7 percent of its total workforce or 2,500 jobs in total, Nikkei reports. The company is planning to restructures...

Panasonic recently had released its annual financial results with a net loss of ¥812.8 billion (about $10.2 billion). This is just not the ending of...

We reported that Sony is planning to cut around 10,000 jobs as part of its “One Sony” restructuring under new CEO Kazuo Hirai, the company has confirmed today that its plans are true and it will be reducing its workforce by approximately 10,000 over the 2012 fiscal year. The company stated in a press release that the move will hit its headquarters, subsidiaries, and...

The Finnish mobile giant Nokia which has been laid off 1000 of its employees from its Finland plant, which is around one-third of total 3,500 workforces there, sees a further turnaround for small towns in the country as its impact. Nokia in 2010 accounted for 95 percent of the €60 million ($78.85 million) in corporate tax income the town received, but this year Salo’s...

Here are the numbers of what Yahoo is laying off tomorrow morning – the company is firing around some 2,000 employees in its massive round of layoffs – but wait cited the “sources” close to the situation, AllThingsD reports that this is just the beginning there is a lot to come more in the coming months. The company is going to announce the cuts in staff in the...

According to AllThingsD, Yahoo is gearing up for a significant layoffs starting this week that could number in thousands. The publication suggests that the new Yahoo could be a much small entity with a focus on media and advertising, with the layoff targeted at the product, research and marketing groups. Yahoo’s CEO Scott Thompson has convened top management to outline...

The Verge is reporting that T-Mobile USA CEO Philipp Humm has sent a memo to his employees announcing that the company is going to eliminate 1,900 jobs nationwide, which is primarily resulting from the closure of seven call centers located in Allentown, Pennsylvania; Fort Lauderdale, Florida; Frisco, Texas; Brownsville, Texas; Lenexa, Kansas; Thornton, Colorado; and Redmond,...

Layoff news rounding up from the Finnish mobile maker giant Nokia, which confirmed that it, is going to cut up to 1,000 employees at its plant in Salo, Finland. The jobs will be cut gradually through 2012, with most cuts expecting to be happened by the end of June. The mobile giant is in the middle of major mass reorganization under its Chief executive Stephen Elop. The...

With the news rounding up last week that America Online (AOL) is going to sack 50 of its employee from its AIM unit, it is confirmed that AOL is making...