Posted inNews

Mozilla lays off 250 employees (a quarter of its workforce)

The corporation responsible for developing the Firefox web browser is laying off about a fourth of its workforce. As of 2018, the Mozilla Corporation had over 1,000 full-time employees. Now Mozilla has announced it’s restructuring the organization and laying off 250 people. Mozilla says the global COVID-19 pandemic has taken a toll on the corporation’s […]

Posted inNews

Intel restructuring means 12,000 job cuts (11 percent of its employees)

Chip maker Intel has announced a restructuring plan that will reduce the company’s workforce by 12,000 people and save the company about $750 million per year. But Intel says the goal isn’t just to save money, but also to shift its priorities and focus more on growth areas including data centers and Internet of Things businesses. […]

Posted inNews

Toshiba to eliminate 6800 jobs

Toshiba plans to eliminate 6,800 jobs in the company’s consumer electronics division. While that only represents about 3.4 percent of Toshiba’s 200,000 person workforce, it’s close to a third of the company’s “Lifestyle business segment.” The move is part of a big restructuring in response to an annual loss of more than $4.5 billion. The optimistic name […]