HP to lay off thousands, reports say

HP to lay off thousands, reports say

Hewlett-Packard Co. may cut thousands of jobs in the first large-scale restructuring by its new chief executive officer, Mark Hurd,...

July 17th, 2005 James Niccolai

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Veritas Software Corp.’s president and CEO defended the merger with Symantec Corp. as a product of convergences happening in the...

May 12th, 2005 Tom Venetis

Report: WorldCom may cut 16,000 jobs

Report: WorldCom may cut 16,000 jobs

WorldCom Inc. may cut 16,000 jobs, or about 20 per cent of its workforce, in an effort to turn around...

June 11th, 2002 Joris Evers

Cisco curbs acquisition strategy

Cisco curbs acquisition strategy

Cisco Systems Inc., which had been one of the most acquisitive vendors in the IT industry, now says it plans...

June 22nd, 2001 Linda Leung

Lucent shares tumble on report of SEC investigation

Lucent shares tumble on report of SEC investigation

Shares of Lucent Technologies Inc. (LU) fell steadily Friday morning on the New York Stock Exchange after a report in...

February 12th, 2001 Nancy Weil