cost cutting

cost cutting

Facebook "likes" aren't speech protected by the First Amendment, rules judge

Cost-Cutting and Layoffs Mean Boom Times for Young Workers - WSJ.com

online.wsj.com
Cost-Cutting and Layoffs Mean Boom Times for Young Workers - WSJ.com

Kenya's government is set to apply a 10% tax on mobile money transactions

thenextweb.com
Following the recent strike in Kenya by state-employed teachers, lecturers and doctors, the country’s treasury has said it will cover the approximated $300 million USD cost in wage increases through cost cutting and introduction of new taxes, including on mobile money transfer services such as Safaricom’s M-Pesa. The tax measures announced...
Kenya's government is set to apply a 10% tax on mobile money transactions

Cisco Cautious Despite 22% Rise in Income

bits.blogs.nytimes.com
Cost-cutting measures aided profitability, but the company warned that it faced "a cautious" environment for corporate spending on information technology. Read more »...
Cisco Cautious Despite 22% Rise in Income

Sony Xperia J gets a pre-unveiling hands-on, suggests we'll get exactly what we pay for

www.engadget.com
Giving Sony phones hands-on time before they're even announced must be in vogue this year. Hot on the heels of its look at what's now called the Xperia T, Mobile-review has given the entry-level Xperia J a full inspection without even the hint of a press release in sight....
Sony Xperia J gets a pre-unveiling hands-on, suggests we'll get exactly what we pay for

Nokia: Microsoft is giving us "specific support" to compete with Android at even lower prices

www.engadget.com
Nokia made mention of a broader Lumia phone range coming as part of its major strategy shakeup, but it wasn't clear just where the Windows Phone line was heading. During a call discussing the nitty-gritty of the strategy shift, though, the company made clear that it was swinging towards...
Nokia: Microsoft is giving us "specific support" to compete with Android at even lower prices

See You in Coach, RIM!

allthingsd.com
With its shares trading at eight-year lows amid dwindling sales and falling revenue, Research In Motion is getting creative with its cost-cutting measures. Really creative. It’s selling off a corporate jet to raise cash. The struggling BlackBerry maker has put its nine-passenger Dassault Falcon 50EX up for sale, people familiar...
See You in Coach, RIM!

Infosys' profit drops in 'challenging' market

www.pcworld.com
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets.The company's CEO and managing director S.D. Shibulal told analysts on Friday that the...
Infosys' profit drops in 'challenging' market

Motorola Mobility sells manufacturing bases in China and Brazil to Flextronics

thenextweb.com
Google’s purchase of Motorola Mobility came with an aggressive streamlining of 20 percent of its workforce and one-third of its offices, and the cost cutting continues after Motorola announced on Monday that it has reached an agreement with Singaporean manufacturer Flextronics to sell its production operations in Tianjin, China and...
Motorola Mobility sells manufacturing bases in China and Brazil to Flextronics

Apple's New 'Spaceship' Campus Is Turning Into A $5 Billion Project (AAPL)

www.businessinsider.com
Apple's new campus is facing ballooning costs, Peter Burrows at Bloomberg Businessweek reports. According to his sources, Apple's spaceship headquarters planned for Cupertino, California is projected to cost $5 billion, up from under $3 billion in the original plans. Apple is trying to cut $1 billion in costs from the...
Apple's New 'Spaceship' Campus Is Turning Into A $5 Billion Project (AAPL)

Don’t “Pull A Patzer” And Other Lessons Learned On Our Trip Down Sand Hill Road

techcrunch.com
Editor’s note: Earlier this month, BrightRoll raised a $10 million Series B for its video ad network. In this guest post, CEO Tod Sacerdoti shares some of the lessons he learned trying to raise that money in the current environment. As Peter Drucker once wrote, “The entrepreneur always searches...
Don’t “Pull A Patzer” And Other Lessons Learned On Our Trip Down Sand Hill Road

Hewlett-Packard posts $8bn quarterly loss

www.guardian.co.uk
PC company reports slump after gigantic writeoff of value of services division despite 11 months of cost-cutting and job cutsHewlett-Packard has posted a swingeing quarterly loss of $8.9bn after a gigantic writeoff of value of its services division, as it struggles to cope with falling revenues in other core areas...
Hewlett-Packard posts $8bn quarterly loss

Nokia and China Telecom will reportedly launch the Lumia 800 in China in March

thenextweb.com
Sources in China are reporting that the Nokia Lumia 800 will be launched in China in March, with the Windows Phone 7 device set to become available on China Telecom’s network, according to WMPowerUser. The device has been spotted and photoed in China, which seems to confirm reports that Nokia and...
Nokia and China Telecom will reportedly launch the Lumia 800 in China in March

Sony warns annual loss will be almost twice as bad as forecast

www.guardian.co.uk
• Tsunami in Japan and Thai flooding help push losses to £1.8bn• Incoming chief executive Hirai admits to 'strong sense of crisis'Sony has warned it is heading for a bigger-than-expected ¥220bn (£1.8bn) annual loss, presenting a daunting task for incoming chief executive Kazuo Hirai, who has vowed to move quickly...
Sony warns annual loss will be almost twice as bad as forecast

Boot up: Microsoft and Nokia look to undercut Android phones, Nokia in turmoil, and more

www.guardian.co.uk
Plus Nook tops Kindle Fire in new US tablet traffic stats, and can Apple take Intel's Thunderbolt mainstream?A quick burst of 11 links for you to chew over, as picked by the Technology teamCan Intel's Thunderbolt go mainstream with help from Apple and Acer? >> CNET News"Thunderbolt is a good...
Boot up: Microsoft and Nokia look to undercut Android phones, Nokia in turmoil, and more

@ Media Summit: NYTCo's Sulzberger: We Won't Be Handcuffed By Maintaining The Brand

paidcontent.org
Just a few weeks after NYTCo (NYSE: NYT) chairman and publisher Arthur Sulzberger, Jr. and president and CEO Janet Robinson discussed the company’s forthcoming online meter system at paidContent’s recent conference on the subject, the two execs took the stage at Bloomberg BusinessWeek’s Media Summit 2010 to continue to...
@ Media Summit: NYTCo's Sulzberger: We Won't Be Handcuffed By Maintaining The Brand
At $249, Google finally gets Chromebook pricing right

RBS boss denies cost-cutting was behind IT crisis

www.guardian.co.uk
Royal Bank of Scotland IT team saw UK headcount halved and work exported to IndiaThe Royal Bank of Scotland IT team at the centre of the bank's computer crisis had seen its UK headcount halved and work exported to India in a cost-cutting drive, sources have claimed.Concerns had been raised...
RBS boss denies cost-cutting was behind IT crisis

China’s Mr. Solar looks ahead

tech.fortune.cnn.com
Dr. Zhengrong Shi, the CEO of Suntech, the largest solar company in the world, discusses the Chinese economy, trade wars, and more. Interview by Brian Dumaine, senior editor-at-large Dr. Shi at his headquarters in Wuxi. He believes the global solar industry will continue to grow rapidly. FORTUNE — When he...
China’s Mr. Solar looks ahead

Why investors bought 71 US newspapers last year

www.guardian.co.uk
There is still a newspaper publishing market in the United States. Seventy-one of the country's daily newspapers changed hands last year in deals totalling just under $800m (£509m).Why? A New York Times article concedes that answering that question is difficult. Both advertising and circulation revenues "have come under tremendous pressure...
Why investors bought 71 US newspapers last year

Struggling Sharp Slashes Employee Salaries by up to 10 Percent

www.pcworld.com
Japan's Sharp said Tuesday it will slash employee salaries by up to 10 percent from next month, in a round of cost-cutting that will save it about US$180 million......
Struggling Sharp Slashes Employee Salaries by up to 10 Percent

Struggling Sharp slashes salaries by up to 10%

www.computerworld.com
Sharp said Tuesday it will slash employee salaries by up to 10% from next month, in a round of cost-cutting that will save it about $180 million during the current fiscal year....
Struggling Sharp slashes salaries by up to 10%

Nokia said to buy out Siemens stake in joint telecom equipment venture

www.theverge.com
Nokia is poised to buy out German partner Siemens for its 50 percent share of their joint Nokia Siemens Networks telecom equipment business, report Bloomberg and the Wall Street Journal. The Finnish cellphone maker is expected to pay less than €2 billion ($2.6 billion), using short-term debt to finance...
Nokia said to buy out Siemens stake in joint telecom equipment venture

Despite losing 3M subscribers, BlackBerry earnings positively surprise

gigaom.com
BlackBerry service subscribers decreased to 76 million, down 3 million from a quarter ago, but cost-cutting and hardware sales helped the company earn a profit in its final fiscal quarter of the year. On Thursday, the company announced adjusted income of $114 million on revenue of $2.7 billion for the...
Despite losing 3M subscribers, BlackBerry earnings positively surprise

Sharp's plan for 2,000 early retirements proves popular as 3,000 staff exit

thenextweb.com
Sharp’s latest round of cost cutting has seen the Japanese tech struggler grant close to 3,000 staff voluntary retirement, that’s despite the company only setting out to let 2,000 employees go. The company opened the voluntary scheme back in August and it proved to be so popular with employees (well, who wouldn’t want the...
Sharp's plan for 2,000 early retirements proves popular as 3,000 staff exit

RealNetworks cost-cutting continues, 80 people laid off

www.electronista.com
Digital media streaming vanguard RealNetworks has commenced layoffs of seven percent of its workforce. An additional seven percent may follow in the coming months. The moves are part of interim CEO Rob Glaser's plan to reduce costs by $45 million as rapidly as possible. The first wave of employees involved...
RealNetworks cost-cutting continues, 80 people laid off

Marissa Mayer Is Plotting A Major Purge Of Executives At Yahoo (YHOO)

www.businessinsider.com
Yahoo just parted ways with its chief information security officer, Justin Somaini, AllThingsD's Kara Swisher reports.  She says there are two reasons for his departure. One: Yahoo Mail has suffered from some security bugs lately, and Somaini may be getting the blame. Two: CEO Marissa Mayer is looking at purging...
Marissa Mayer Is Plotting A Major Purge Of Executives At Yahoo (YHOO)

Report: Yahoo's Mayer tightening operations over holidays

www.electronista.com
Yahoo CEO Marissa Mayer appears to be tightening up operations as she plots a new course for one of the world's larger Internet companies. Reports hold that Mayer is cutting down on traditional holiday vacation hours and implementing a number of cost-cutting and efficiency-raising measures, including cutting up to 12,000...
Report: Yahoo's Mayer tightening operations over holidays

Budget for Apple 'spaceship' campus rockets to $5 billion

www.electronista.com
The budget for Apple's upcoming "spaceship" campus in Cupertino has ballooned by $2 billion to a massive $5 billion, say five Bloomberg sources described as close to the project. Architectural firm Foster + Partners is reportedly looking to slash $1 billion from that budget, but that could still make the...
Budget for Apple 'spaceship' campus rockets to $5 billion
Facebook "likes" aren't speech protected by the First Amendment-Bland v. Roberts
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