headcount reduction

headcount reduction

StumbleUpon: 30% headcount reduction to "streamline, focus, execute"

Let's Get Real: HP's Layoffs Won't Fix This Company, Employees Warn (HPQ)

www.businessinsider.com
We were the first to tell you about HP's massive layoff.  Now that HP has come clean with some details, we'll be the first to tell you why it's not going to fix HP. HP says that by getting rid of 27,000 jobs (9,000 of them by October), it will...
Let's Get Real: HP's Layoffs Won't Fix This Company, Employees Warn (HPQ)

Facebook Marketing Firm Spruce Media Lays Off 20 People (FB)

www.businessinsider.com
Facebook marketing management firm Spruce Media laid off about 20 people yesterday, COO Lucy Jacobs confirmed to Business Insider. The company's headcount is now about 35 people. The move came because Spruce wants to align its business with shifts in the way its clients are marketing and buying ads on...
Facebook Marketing Firm Spruce Media Lays Off 20 People (FB)

Sony continues to improve in fiscal Q3 with $23.39 billion in revenue, $115 million net loss

thenextweb.com
As the company continues to overhaul its operations to return to profitability, Sony managed to hold onto modest operating profits during its third fiscal quarter, reporting $23.39 billion (¥1.948 trillion) in revenue and $496 million (¥46.4 billion) in operating income, but it did post a net loss of $115 million...
Sony continues to improve in fiscal Q3 with $23.39 billion in revenue, $115 million net loss

Sony stanches bleeding in fiscal Q2 with $20b in revenue, $158m net loss

thenextweb.com
In the midst of a massive restructuring, Sony managed to hold onto modest operating profits during its second fiscal quarter, reporting $20 billion (¥1.604 trillion) in revenue and $388 million (¥30.3 billion) in operating income, but it did post a net loss of $198 million (¥15.5 billion). While the quarter’s...
Sony stanches bleeding in fiscal Q2 with $20b in revenue, $158m net loss

HP Shares Tank On Outlook and Analyst Downgrades

allthingsd.com
Shares of Hewlett-Packard have fallen by more than 6 percent this morning as the markets have taken their time to think over the implications of the company’s third quarterly earnings report yesterday. While HP had more or less teed up the expectations for the nearly $10 billion in one-time charges...
HP Shares Tank On Outlook and Analyst Downgrades

Yahoo's New CEO Has To Answer These 18 Questions, Says Activist Shareholder Dan Loeb

www.businessinsider.com
Yahoo reports earnings tonight, and we'll have the results as soon as possible, so tune in! In the mean time, here's 18 questions activist shareholder Dan Loeb wants Yahoo management to answer: Questions for Yahoo!'s Management and Board 1. How does Yahoo!’s proposed operating plan differ substantively from those of...
Yahoo's New CEO Has To Answer These 18 Questions, Says Activist Shareholder Dan Loeb

EA Reboot Cost 900 Jobs

allthingsd.com
So those “hard but essential changes” and “difficult organizational decisions” Electronic Arts announced back in late April, but refused to explain in detail? It did so last night during its fourth-quarter earnings call, and they’re not pretty. Since announcing that organizational update on April 25, EA has sacked 10 percent...
EA Reboot Cost 900 Jobs

Struggling Sony eyes sale and lease-back of freshly-completed Tokyo building for $1.5 billion

thenextweb.com
Sony is reported to be eyeing up the sale of one of its major offices in Tokyo in order to raise between Y100 billion ($1.14 billion) and Y130 billion ($1.48 billion) to help the company overcome crippling losses and overturn its electronics businesses. Dow Jones reports that the Japanese company has...
Struggling Sony eyes sale and lease-back of freshly-completed Tokyo building for $1.5 billion
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