Young workers who normally spend their days assembling iPhones and other high-tech gadgets packed a stadium at their massive campus Wednesday, waving pompoms and shouting slogans at a rally to raise morale following a string of suicides...
Taiwan's Foxconn Technology Group, shaken by a spate of suicides at its China plants, said Wednesday it is raising the pay of workers by 30 percent...
Hewlett-Packard Co. said Tuesday it will cut about 9,000 jobs and take $1 billion in charges over three years as it creates fully automated commercial data centers.
The Taiwanese electronics company buffeted by a spate of suicides at its China factories said Friday it will raise the pay of workers by an average of 20 percent.
At a joint news conference today in Bonn, Germany, unions blasted the way Deutsche Telekom (DT) conducts business worldwide...
Leap Wireless International is blaming increased competition, higher unemployment and "less tenured" customers in its new markets.
Nokia started the week by responding to a class action lawsuit accusing it of securities fraud and separately announced the layoff of almost 300 employees at a Finnish manufacturing plant.
Alcatel-Lucent will be expanding its research presence in Ireland as part of a government program to grow the country's tech industry.
Swedish infrastructure giant Ericsson says it will cut an additional 1,500 jobs as it struggles to compensate for an ongoing slump in sales.
Wireless equipment maker LM Ericsson says it plans to cut almost 1,000 jobs in Sweden because an increase in production efficiency has made some work redundant.
ST-Ericsson is cutting costs even more as it unveiled a newly proposed plan to improve its financial performance and increase its competitiveness in the market.
Canadian wireless giant Rogers Communications says it plans to cut 3 percent of its workforce as part of its plan to integrate its wireless and cable segments.
Last year around this time, the country was awaiting a new administration and doling out bailouts. Economically, most bets were off.
Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.
Nokia said that it will realign its R&D operations by cutting 330 jobs.
Some 2,000 employees in Finland's technology sector will begin a strike in two weeks time if no agreement is reached in labor talks...
Sprint Nextel plans to cut between 2,000 to 2,500 jobs in an effort to save $350 million in annual expenses. Most of the cuts will happen by the end of the year.
Nokia Siemens Networks is planning layoffs and a reorganization of its business units in an effort to return the struggling infrastructure company to growth and profitability.
Apple said today that Eric Schmidt, Google’s CEO, is resigning from Apple’s board of directors.
Today, Nortel will be sold off bit by bit. The auction will occur not in public but in an executive suite
Alltel Wireless is shortening its standard 2-year service contract to one year effective June 5.
T-Mobile USA has obtained four more injunctions against prepaid phone traffickers
Everyone in the industry knows that prepaid subscriptions have grown in popularity thanks to miserable economic conditions.
As many expected, the sour economy has meant big gains for prepaid carriers.