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Erika Morphy
Software Giant to Shed a Little Weight Following Bleak Earnings Report
01/22/09 1:21 PM PT | E-Commerce Times | 611 Words

Microsoft will also be trimming its workforce by 5,000 -- roughly 5 percent -- in the first sweeping layoffs in the company's history. The initial 1,400 cuts will take place immediately.

Stock Market Reacts
Not surprisingly Wall Street responded...

Keith Regan
Merger Mania Could End High-Tech Layoff Respite
07/11/03 7:41 AM PT | E-Commerce Times | 479 Words

"The survivors may be in a position to ride out the rest of the downturn," Challenger told the E-Commerce Times. "But there are reasons to believe we could be in for more layoffs . This may be something of the calm before...

Keith Regan
Report: High-Tech Job Cuts Down from Last Year
04/09/03 10:43 AM PT | E-Commerce Times | 530 Words

... number of high-tech layoffs in the first quarter fell 45 percent compared with a year ago as stabilization in the telecommunications industry helped slow the pace of job cuts, according to a new report from outplacement firm Challenger, Gray & Christmas (CGC).

Keith Regan
Report: Dot-Com Job Losses Shrink in June
07/02/02 9:31 AM PT | E-Commerce Times | 424 Words

... took a break from laying off workers from Internet-related jobs in June, with just 684 layoffs announced, according to a report from international outplacement firm Challenger, Gray & Christmas . By comparison, dot-coms cut more than 2,000 jobs in May. But the...

Keith Regan
Report: Dot-Com Job Cuts Hit 19-Month Low
01/31/02 10:38 AM PT | E-Commerce Times | 462 Words

In fact, January showed the smallest number of layoffs in 19 months, since June 2000.

"The dot-com environment is now through much of the shakeout period," CEO John A. Challenger told the E-Commerce Times. "What we're dealing with now is companies...

Keith Regan
Report: Dot-Com Job Losses Swell in October
11/01/01 8:22 PM PT | E-Commerce Times | 391 Words

The main culprits behind the spike in layoffs were online travel companies -- some of which moved to pare staff as demand plummeted following the September 11th terrorist attacks -- and a sharp weakening of demand for business-to-business (B2B) services and software .

Lori Enos
Charles Schwab Slashes Workforce
03/23/01 5:04 PM PT | E-Commerce Times | 641 Words

Morningstar.com analyst Harry Milling told the E-Commerce Times the layoffs were not completely unexpected, because the retail trading market has been declining for several months. Schwab announced last week that February trading activity was down 13 percent from the prior month.


Rachelle Dragani
Pink Slips on the Way for Thousands of BlackBerry Workers
09/19/13 11:36 AM PT | E-Commerce Times | 557 Words

It began a round of layoffs in sales and research and development earlier in the summer, said the Journal report.

BlackBerry did not respond to our request to comment for this story.

'It May Have Come Too Late'

Rob Spiegel
Cisco Slims Down Its Workforce
07/12/11 12:01 PM PT | E-Commerce Times | 794 Words

The networking-equipment company said it will provide detail on the cost reductions, including layoffs , in its next earnings call, scheduled for early August.

The voluntary retirement packages, which include one year's pay and medical benefits, were offered to about 5,800 employees.

Richard Adhikari
Yahoo Wilts in Q1, Bartz's Honeymoon Nears End
04/22/09 12:24 PM PT | E-Commerce Times | 708 Words

The Layoffs
The majority of the layoffs Yahoo promised will come in the next two weeks, according to the company.

However, that can only take it so far.

"Wall Street likes it that Yahoo's reducing head count, but...

Jeff Meisner
Panasonic Downsizes Employee Rolls by 15,000 Following Brutal Quarter
02/04/09 2:44 PM PT | E-Commerce Times | 618 Words

Panasonic is the second large Japanese consumer electronics company to announce massive layoffs in the past week. Computer maker NEC said it will slash 20,000 jobs on Jan. 30. Hitachi and Toshiba also recently announced significant layoffs.

Panasonic said it will close...

Keith Regan
AOL Identity Crisis Costs 2,000 More Jobs
10/15/07 2:32 PM PT | E-Commerce Times | 815 Words

Continued Challenges
The latest layoffs underscore the challenges that AOL continues to face as it tries to reinvent itself. While it has some strong assets in its favor -- including an instantly recognizable online brand, content agreements with its parent...

Keith Regan
Dell to Decimate Workforce
06/01/07 8:55 AM PT | E-Commerce Times | 944 Words

Founder and CEO Michael Dell expressed hope that the layoffs would be a key element of a massive turnaround plan put in place after he took the reins of the company he founded in a college dorm room back from his hand-picked...

Keith Regan
Massive Job Cuts Coming to HP as Part of Restructuring
07/15/05 11:46 AM PT | E-Commerce Times | 806 Words

... than six months after longtime CEO Carly Fiorina was forced to resign, employees at computer maker Hewlett-Packard are bracing for an even more abrupt change, with analysts saying as many as 25,000 layoffs could be announced when the computer maker unveils a...

Kevin W. FitzMaurice
Computer Associates To Lay Off 800 Employees
09/29/04 8:30 AM PT | E-Commerce Times | 589 Words

The layoffs would amount to 5 percent of the company's workforce.

The majority of the layoffs are expected to be completed by the end of October.

The restructuring and layoffs come on the heels of an agreement announced last week under...

Keith Regan
Report: Most Outsourced Jobs Stay in US
06/11/04 9:43 AM PT | E-Commerce Times | 613 Words

The agency's Bureau of Labor Statistics said in a report that just 4,633 of the 239,361 jobs lost in large-scale layoffs it tracked in the first quarter of 2004 were actually moved overseas.

That represents just 2 percent of the total. By...

Keith Regan
One Year Ago: Kozmo.com Cuts Staff, Exits Markets
01/08/02 6:37 PM PT | E-Commerce Times | 506 Words

Internet-based home delivery service Kozmo.com joined the long list of e-commerce companies to announce layoffs Monday, announcing that it will cut 120 workers and cease services in two U.S. cities.

Kozmo immediately stopped its operations in San Diego, California and Houston, Texas.

Jon Weisman & Elizabeth Blakey
One Year Ago: Embattled eToys Slashes 700 Jobs
01/04/02 6:24 PM PT | E-Commerce Times | 612 Words

... toy e-tailer eToys officially moved to the dot-com critical list , announcing that approximately 70 percent of the company's 1,000 employees have been informed that their jobs are being eliminated. eToys said the layoffs were effective immediately for about 380 employees. The...

Lori Enos
Report: Decline in Job Cuts Could Signal End of Dot-Com Shakeout
06/27/01 4:23 PM PT | E-Commerce Times | 507 Words

Over the past six months, 74,199 dot-com job cuts have been reported -- 80 percent more than all of the dot-com layoffs in 2000.

Dot-com job cuts set a record in April when 17,554 dot-com employees lost their jobs .


Lori Enos
Stamps.com Cuts Staff in Half - Again
02/07/01 10:57 AM PT | E-Commerce Times | 523 Words

Wednesday's layoffs are the second time in recent history that the company has dramatically reduced its employee roster. In October, Stamps.com let go 240 employees , or 40 percent of its workforce at the time.

Sticky Situation


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