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Tag: layoffs

Facebook Posts 3Q Loss, Revenue Jumps

October 23, 2012 | 2:00 pm

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 cents per share, in the July-September period. That’s down from earnings of $227 million, or […]

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Google Cuts 4,000 Jobs at Motorola Mobility

August 13, 2012 | 12:00 pm

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 7 percent of Google’s overall work force. Two-third of the job cuts will take place […]

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December 10, 2010 | 2:12 pm

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 Systems Service America Corp Johnson Controls Applied Materials Kaiser Foundations Adobe But don’t forget, the […]

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December 2, 2010 | 11:43 am

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 axe may already be on the downswing, followed by the news reports, some with the […]

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