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Clare Saliba
Dot-Com Layoffs Continue Surge
10/24/00 12:00 AM PT | E-Commerce Times | 589 Words

... layoffs are continuing to mount with no indications of a letup, according to a new report released Monday by Challenger, Gray and Christmas, Inc. The outplacement company, which tracks daily job cuts in various sectors, found that layoffs at tech businesses climbed...

Keith Regan
Report: Tech Sector Layoffs Down in Q3
10/04/02 10:58 AM PT | E-Commerce Times | 475 Words

Layoffs were also down 57 percent from the same period a year ago, when more than 213,000 jobs were slashed. In fact, this year's third quarter was the slowest period for layoffs since the fourth quarter of 2000, when high-tech firms announced...

Teri Robinson
IBM Reportedly Plans 8,000 Layoffs
05/10/02 9:26 AM PT | E-Commerce Times | 546 Words

The company last underwent massive layoffs in the early 1990s, when it suffered one of the worst declines in its history. But after significant retooling, IBM emerged with a slicker image and better financials.

Big Blue has laid off employees sporadically...

Lori Enos
Report: Dot-Com Layoffs Slowing Down
05/30/01 4:30 PM PT | E-Commerce Times | 540 Words

Even so, over the past five months, 64,983 dot-com job cuts have been reported, which is 58 percent more than all of the dot-com layoffs in 2000.

Despite the drop from last month, May's job cuts were still more than five...

Rachelle Dragani
New Layoffs Show Google Still Trying to Connect Motorola to Profitability
03/11/13 9:22 AM PT | E-Commerce Times | 759 Words

Motorola Mobility announced another round of layoffs Friday, alerting its workers that it plans to cut 1,200 jobs, or about 10 percent of its current work force. It is the second round of layoffs since the company was acquired by Google last May...

Walaika Haskins
Sony: PS3 Slump Did Not Spur Layoffs
06/07/07 3:19 PM PT | E-Commerce Times | 892 Words

The layoffs , which represented an 8.4 percent reduction in its European workforce, were also said to be part of an effort to streamline operations. The company said at the time that it was also considering restructuring its U.S. and Japanese arms.

...

Teri Robinson
IBM Discloses 15,000 Layoffs
08/14/02 10:30 AM PT | E-Commerce Times | 596 Words

Makovich noted that while the company conducted layoffs in the second quarter, it did not confirm at that time how many employees would eventually be let go. IBM also dumped its hard drive division in a deal with Hitachi, ridding itself of...

Keith Regan
Report: Fewer Dot-Com Layoffs in November
11/30/01 10:26 AM PT | E-Commerce Times | 446 Words

In fact, the technology sector, which includes software firms that support e-commerce , led all dot-com cuts with 1,614 layoffs .

Yahoo! to You

Portals ranked second, with 400 job cuts, all of them directly tied to...

Keith Regan
Amazon Backtracks on Gag Rule for Layoffs
02/02/01 10:24 AM PT | E-Commerce Times | 530 Words

The layoffs at Amazon , announced as the company warned that sales would slow but that profitability is now within sight, have become a flashpoint for union activists.

WashTech earlier called for a formal investigation into why the cuts were aimed...

Rachelle Dragani
HP Touts R&D as Silver Lining to Massive Layoffs
05/24/12 10:54 AM PT | E-Commerce Times | 657 Words

HP expects to save as much as $3.5 billion from the layoffs by the end of fiscal year 2014, including a $1.7 billion pretax charge that will have an impact on fiscal 2012's results. The company will put most of those savings...

Keith Regan
PeopleSoft Plans 900 Layoffs After J.D. Edwards Buy
09/05/03 7:49 AM PT | E-Commerce Times | 412 Words

He added that the layoffs and additional savings, such as closure of overlapping offices, will save PeopleSoft as much as US$207 million per year going forward. The layoffs will target marketing , back-office information technology and management jobs , he added, with...

Keith Regan
More Layoffs, Lawsuits Knock on Homestore's Door
02/06/02 10:21 AM PT | E-Commerce Times | 478 Words

Although the Westlake, California-based company said the layoffs will occur during the current quarter, it did not specify where they will be made.

"As a result of an extensive assessment process involving both customers and employees , we have refocused Homestore on...

Lori Enos
One Year Ago: More Layoffs for MVP.com
01/09/02 5:47 PM PT | E-Commerce Times | 516 Words

MVP.com spokesperson Paula Davis told the E-Commerce Times that the layoffs were across all departments and all levels. The sports e-tailer, backed by athletic superstars Michael Jordan, John Elway and Wayne Gretzky, has 43 employees remaining at its Chicago headquarters.

Although...

Michael Mahoney
Study: Layoffs Not Needed To Save E-Businesses
04/05/01 8:44 PM PT | E-Commerce Times | 480 Words

... there ways for dot-coms to trim the fat without resorting to layoffs ? According to a study released Wednesday by Gartner , the answer is a resounding yes. The study, "Nine Ways to Cut Costs and Save E-Business Initiatives," outlines the ways...

Lori Enos
Report: Dot-Com Layoffs May Have Peaked
03/28/01 6:18 PM PT | E-Commerce Times | 656 Words

However, Gaw said these layoffs "reflect the slowdown of the larger economy, not just the Internet economy."

Long Time Passing

Notably, the number of e-tail job cuts dropped to 1,384, down from 2,874 in February.

Challenger...

Nora Macaluso
Nortel Falls on Further Layoffs, Worsening Outlook
03/28/01 11:05 AM PT | E-Commerce Times | 259 Words

Nortel Networks (NYSE: NT) dropped US$2.27 to $14.49 in morning trading Wednesday after the telecom company announced a second set of layoffs and again reduced expectations for first-quarter results. Analysts at Lehman Brothers and First Union Securities lowered their estimates for Nortel to...

Lori Enos & Nora Macaluso
Amid Layoffs, Drugstore.com Beats Street
01/22/01 11:48 AM PT | E-Commerce Times | 781 Words

... the announcement of staff layoffs and an executive departure last week, Drugstore.com (Nasdaq: DSCM) on Monday reported a narrower than expected loss for the fourth quarter and that net sales for the fourth quarter of 2000 topped sales figures for all of...

Michael Mahoney
More Layoffs for MVP.com
01/09/01 12:00 AM PT | E-Commerce Times | 507 Words

MVP.com spokesperson Paula Davis told the E-Commerce Times that the layoffs were across all departments and all levels. The sports e-tailer, backed by athletic superstars Michael Jordan, John Elway and Wayne Gretzky, has 43 employees remaining at its Chicago headquarters.

Although only...

Keith Regan
Priceline Plans Layoffs as Air Slump Persists
11/06/02 11:55 AM PT | E-Commerce Times | 469 Words

Layoffs Coming

To help cut future losses, Priceline said it will lay off about 50 workers and will terminate another 15 outside consultants as part of a broad effort to cut costs starting in the current quarter. The Norwalk,...

Nora Macaluso
National Semiconductor Falls on Layoffs
05/09/01 11:02 AM PT | E-Commerce Times | 248 Words

The cuts will be made through a combination of layoffs , attrition and retirement, the company said.

Chairman, president and chief executive officer Brian L. Halla said the cuts are necessary because of "continuing weakness in the marketplace."

National plans...

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