Tag Archives: layoffs

Facebook Posts 3Q Loss, Revenue Jumps

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NEW YORK (AP) — Facebook is reporting a loss for its third quarter, though revenue rose by nearly a third. The results exceeded Wall Street's expectations. The world's biggest social media company posted a loss of $59 million, or 2 … Continue reading »


Google Cuts 4,000 Jobs at Motorola Mobility

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MOUNTAIN VIEW, Calif. (AP) — Google is cutting about 4,000 jobs at its Motorola Mobility cellphone business and will close or consolidate about one-third of its 90 locations. The reductions represent about 20 percent of Motorola Mobility's 20,000 employees, and … Continue reading »


2010 Bay Area Layoffs by Company

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Working from data from the California Employment Development Department, the Bay Citizen has worked up a nifty chart of this year's layoffs by county and company. Top-ten axing corporations this year: NUMMI IAP World Services Sun Microsystems Injex BFI Waste … Continue reading »


Those Yahoo! Layoff Rumors: Addendum

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Two days ago, around 2:51 p.m., I wrote this about the swirl of rumors surrounding impending layoffs at Yahoo! First came the anonymously sourced report of imminent layoffs at Yahoo! Then today comes the rumor-heavy blog post speculating that the … Continue reading »