Given Citigroup's stated plans, a massive headcount reduction announced today is sure to include a fair share of IT jobs. The financial giant said on Monday it was planning to reduce headcount by a ...

After a bungled buyout offer from Microsoft, a deal with Google that fell apart and two rounds of layoffs, Jerry Yang is calling it quits and stepping aside as chief executive of the company he ...

BT Group Cutting 10,000 JobsLONDON -- BT Group PLC last week said it is laying off 10,000 people as part of an effort to improve the profitability of its services business.The telecommunications ...

Some 650 local Sun employees have been left hanging while the company decides who will face the axe in its plan to cull 6,000 jobs globally.The company would not reveal how many local jobs will be ...

Chip manufacturing equipment company Applied Materials plans to reduce its global workforce by about 12 percent, or 1,800 workers, in a move to cut costs and streamline its business, the company ...

Circuit City is facing an uncertain future -- and, if recent retail predictions are to be believed, more electronics retailers both online and off may be fearing a similar fate. Common Cutbacks The ...

Electronics retailer Circuit City Stores on Monday filed for bankruptcy protection in an effort to cut costs and turn around its deteriorating financial condition. The company is trying to ...