IBM freezes salaries of executives, many workers

IBM freezes salaries of executives, many workers

FRAMINGHAM, MASS. -- IBM this year won't be awarding pay raises to its executives or to many of its workers.The...

June 28th, 2012 Patrick Thibodeau

HP to trim 27,000 jobs as part of restructuring program

HP to trim 27,000 jobs as part of restructuring program

NEW YORK -- Hewlett-Packard will trim 27,000 employees as part of its long-term restructuring plan, the company said Wednesday when...

May 23rd, 2012 Agam Shah

Chambers: Cisco’s Q1 solid, more work needed

Chambers: Cisco’s Q1 solid, more work needed

FRAMINGHAM, Mass. -- Despite a solid quarter as evidence its turnaround plan is working, the head of Cisco Systems Inc....

November 10th, 2011 Jim Duffy

Carol Bartz out as Yahoo CEO

Carol Bartz out as Yahoo CEO

Carol Bartz has been fired from her job as Yahoo CEO and replaced on an interim basis by the company's...

September 7th, 2011 Nancy Gohring

Economic meltdown hits IT plans

Economic meltdown hits IT plans

The economy has seen better days. Many IT departments started 2011 with cautious optimism and grand plans to modernize and...

August 9th, 2011 tony bradley

Cisco to cut 6,500 jobs in cost-cutting blitz

Cisco to cut 6,500 jobs in cost-cutting blitz

SAN FRANCISCO -- Cisco Systems Inc. will cut about 6,500 jobs as part of an effort to focus its business...

July 19th, 2011 Stephen Lawson

Extreme slashes 16 per cent of workforce

Extreme slashes 16 per cent of workforce

FRAMINGHAM, Mass. -- Looking to cut US$20 million in expenses, Extreme Networks Inc. says it will cut 110 employees, or 16...

July 15th, 2011 Jim Duffy

AOL lays off 900 staff after buying Huffington Post

AOL lays off 900 staff after buying Huffington Post

In the wake of AOL buying the Huffington Post, the company said Thursday that it will lay off 900 workers.That...

March 10th, 2011 Computerworld Staff

HP layoffs final chapter in EDS integration

HP layoffs final chapter in EDS integration

The news of 9,000 layoffs in the next couple of years at Hewlett-Packard Co. are part of the company’s enterprise...

June 2nd, 2010 Kathleen Lau