Tag: Cost cutting

Cost cutting RSS

Ericsson has sent out an internal memo announcing it'll lay off 8,500 employees worldwide. The move is part of the company's cost-cutting strategy due to slow demand for telecom equipment.

Karthik Mudaliar · Feb 24, 2023 with 4 comments

Lenovo, following the second quarterly decline in sales in a row, and with profits falling for the first time since 2020, has had to start cost cutting due to the changing market and loss of demand.

Steve Bennett · Feb 17, 2023 with 8 comments

As Ubuntu swerves into the mainstream, one of the harder decisions that Mark Shuttleworth, founder of the OS, has had to take is the abandonment of Unity. The executive explains the notion behind it.

Gurkaran Singh · Oct 25, 2017 · Hot! with 16 comments