Tag Archives: Layoffs

LeEco Confirms Layoffs in India and Other Regions; Talks About Revamped Strategy

LeEco on Wednesday said it has revised its business strategy for the coming year, based on the “overall volatility and uncertainty that is forecast for the global economy.” Recently, the company admitted expanding too fast too soon, and has since been scrutinising plans. This overhaul will imply several changes across the markets in which it operates, including India, where the ... Read More »

Lenovo Confirms New Layoffs, Says Less Than 2 Percent Employees Affected Globally

  Lenovo has confirmed the latest round of layoffs in the company, saying that it’s part of the “ongoing strategic integration between Lenovo and its Motorola” smartphone business. In a statement, Lenovo claimed that the new layoffs only impact 2 percent of the entire 55,000 employees globally. Unfortunately, the Chinese company hasn’t revealed many details about the layoffs. Droid-Life in ... Read More »

Finland to searching for ecu resource to address Microsoft, Nokia Layoffs

Finland says it’ll follow for eu assist to address latest redundancies, in particular amongst workers at Microsoft and Nokia. Justice and Employment Minister Jari Lindstrom says the Nordic u . s . a . has formerly had a “top experience” of european guide – economic and otherwise – for big numbers of laid off employees within the generation quarter, which ... Read More »

BlackBerry Layoffs Point to Shift Away From Phones

In what appears to be part of its retrenchment from making phones, BlackBerry said Friday that it has laid off “a small number of employees” at its head office here and in Florida. John S. Chen, the company’s executive chairman and chief executive, is shifting BlackBerry to a company largely based on selling software and services to businesses and governments. ... Read More »