Miasole apparently going with layoffs after all
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Solar-cell vendor has laid off 40 employees, according to a report. If true, it would cap off a tough year for the once-hot CIGS vendor.
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The layoffs of 55 employees at Miramax last week on the heels of similar layoffs last month leave the studio diminished just when it most needs muscle.
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A management resignation and light earnings provide a buying opportunity.
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Hoff offed Tiscali will slash hundreds of customer care jobs at recent acquisition Pipex broadband and voice, staff were told yesterday afternoon.â¦
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But the step could risk social unrest if heavily indebted state companies respond by laying off more workers.
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Governor announces that Virginia probably will lay off employees to help cover budget shortfall.
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The scandal-beset company will also lay off about 10 percent of its work force.
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Software companies Commerce One and Manugistics each announced on Friday plans to cut staff, the latest round of layoffs in a dismal business-software market.
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About 420 people will be laid off, with most of the cuts coming in New York. International offices will also close.
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The electric car company rids itself of employees amid shakeup.
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Depending on what investors are expecting, layoffs can boost a stock.
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(InfoWorld) - Struggling handheld device maker Palm has been hit with layoffs. The layoffs, which occurred Thursday, affected "a small percentage" of Palm's approximately 1,200 employees and were concentrated in the company's development group, according to a company spokesman. They primarily affect Palm employees in the U.S., he added. Palm has seen steady decline in the handheld device market, where it leads the market and is in the midst of financial restructuring. Last week,Â private equity investors Elevation Partners took a 25 percent stake in Palm, investing $325 million into the struggling smartphone maker. The company faces stiff competition in the growing smartphone market, where its Treo line has been a hit. Also, its latest hardware release, theÂ Foleo 'smartphone companion,'Â has garned only a lukewarm response thus far. The Palm spokesman said that the reorganization was in the works prior to the Elevation investment and that the company is still hiring staff in other areas. "We're flattening our organizational hierarchy and doing some realignment," he said. He would not say exactly how many employees were being laid off.
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Union blames 'spiralling' IBM/Serco costs IBM/Serco is at the centre of a row over Bradford Council's plans to axe more than 400 jobs.â¦
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At least one high-level Sun exec is departing after a shake-up affecting the Sun Grid.
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By Liu Jie  It's occurred from Airbus to Lenovo, General Motors to Citigroup, and Dell to Motorola. A string of multinational companies (MNCs) have entered into merger and acquisition deals or carried out internal restructuring, resulting in layoffs.
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Even before Microsoft offered its buyout bid, Yahoo acknowledged plans to lay off about 1,000 workers. Now, those layoffs are under way, regardless of Microsoft's acquisition hopes, with pink slips being handed to the leaders of Brickhouse and Yahoo Personals, among others.
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More than 100 workers in Newton are scheduled to lose their jobs by February amid the purchase of MedSource Technologies Inc. by another medical device contract manufacturer, the new owner acknowledged yesterday.