Redmond, Washington-based software giant Microsoft will sell its digital advertising agency, Razorfish, part of Microsoft Advertising. Razorfish has been valued at up to $700 million,…
Alameda, California-based UTStarcom will cut 2,300 positions worldwide, or more than 50% of its global work force, by the end of its fiscal year. Last…
Oil and gas producer Devon Energy will combine its international and gulf divisions into one offshore division based in Houston, eliminating some jobs. Spokesperson Chip…
More layoffs are coming at Medaille College, but officials won't reveal how many employees will lose their jobs. Some laid-off support staff could be hired…
Santa Cruz, California's Plantronics will cut 670 positions and close its manufacturing plant in Suzhou, China. Plantronics will outsource its production of Bluetooth headsets to…
The US Agency for International Development plans to shift production of condoms to overseas companies, some in China, eradicating US jobs. The condoms are created…
National Semiconductor will cut more than 1,700 jobs, about 25% of its workforce, as the economic meltdown affects sales. The company is eliminating 850 positions…
Copenhagen-based food producer Danisco will lay off 200 employees due to lower demand. The company saw operating profit in fiscal year 2008/09 of around 1.15…