The telecoms infrastructure firm Ericsson is to lay off 5,000 workers, after its results for the fourth quarter of 2008 showed a 31 percent year-on-year drop in profits.
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Ericsson to lay off 5,000 workers
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Sophos may lay off up to 5% of staff
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Unemployment rate drops to 5.1%:
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Eli Lilly & Co. to shed 5,500 jobs
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Northern Bank to close five branches
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Yahoo to cut 5% of global workforce
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Nokia to cut 10 000 jobs
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Microsoft to slash 5,000 jobs
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ICM lays off 25 more employees
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Nokia Siemens Networks plans layoffs, reorganization
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Ericsson to delist from the London Stock Exchange
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HP to layoff 27,000 employees
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Target Corporation announces workforce reduction
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Microsoft to cut 5000 jobs
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Vodafone cuts 500 jobs
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Dow to cut 5,000 jobs, close 20 plants
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Nokia Siemens Networks to lay off up to 5,700