Unisys made its Australian and New Zealand managing director David Barnes redundant six months ago only months after hiring him, ZDNet.com.au can reveal.
SAP, one of the world's largest software-application companies, overnight released healthy results for its fourth quarter, but said it planned to cut 3,000 staff in the face of tough economic times.
Storage giant EMC yesterday in the US announced plans to cut 2,400 positions from its workforce, despite expectations of posting record fourth-quarter revenues.
The world's largest printing and document services company has announced plans to cut 5 per cent of its workforce and lower its forecast for the next quarter.
Yahoo yesterday in the US reported a 64 per cent drop in net income for the third quarter, issued cautions about a weakening advertising market, and confirmed that layoffs were indeed on the way.
The iPhone isn't just the third leg of Apple's business ... it's now the single largest contributor to Apple's bottom line.
Investors may be panicking, but Seagate CEO Bill Watkins says business and tech trends paint a different picture than the one on CNBC.
After a year on the job, Sun's CEO says the company is relevant again but still has problems to fix. In this interview, he admits losing sight of the developer community towards the end of the 1990s, and making what he described as a very bad decision about the company's commitment to Solaris.
Trying to take a more active role in open-source programming, Red Hat has created a team of 34 programmers to work on nothing but next-generation software.
The search giant is on a hiring tear. In its most recent quarter, which ended Sept. 30, Google added 800 employees, bringing its global work force to 4,989. That's more than triple the total from just two years ago.
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