Cuts will happen in corporate units
On Thursday, AOL said it will be laying off five percent of its staff with nearly 500 employees expected to lose their jobs as part of a regrowth strategy for its mobile and video businesses.
Software next target
Intel's restructuring axe seems to be falling on its PC client divsion and software areas with more than 12000 jobs to go.
So the networking company did not get off lightly after all
Networking outfit Nokia says it's cutting thousands of jobs worldwide as part of a $1 billion cost-saving plan after its recent acquisition of networking rival Alcatel-Lucent.
To be announced in next conference call
Qualcomm is undergoing major restructuring and one side-effect of the overhaul is that some 4,000 jobs might be slashed.
Microsoft to open new London studio
Claims not dropped by Nintendo
Next-gen project cancelled?
Internal studios seem to be safe
Work on future id titles to continue