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Walmart Black Friday Sale is Live Online

Walmart Black Friday Sale is Live Online

Top 100 Black Friday 2014 Deals You Need

Top 100 Black Friday 2014 Deals You Need

$79 32-inch, $119 40-inch and $199 50-inch TV Black Friday Deals are What You Want

$79 32-inch, $119 40-inch and $199 50-inch TV Black Friday Deals are What You Want

Best Buy Black Friday Sale is Live

Best Buy Black Friday Sale is Live

$199 Unlocked Fire Phone is Best Seller in Amazon Black Friday Sale

$199 Unlocked Fire Phone is Best Seller in Amazon Black Friday Sale

downsizing

Penney Store Closings

JCPenney Store Closings JCPenney is to close at least 33 of its stores nationwide. And the downsizing of some 2000 individual jobholders is in the J.C. Penney cards as well. Apparently these moves will lead to savings amounting to $65 million per annum for the troubled chain of superstores.

Jan 16 2014, 2:58am CST

Macy’s Job Cuts Announced

Macy’s Job Cuts Affect 2500 Workers The store called Macy’s is planning on some reconstruction within its own staff. As many as 2,500 job cuts have been set as the goal of the mega shopping center. This is a part of reorganization efforts that will end in stable profitability for Macy’s.

Jan 9 2014, 6:20am CST

Should Social Security Benefits Be More Generous?

Should Social Security Benefits Be More Generous? Senators Sherrod Brown (D.-Ohio) and Patrick J. Toomey (R.-Pa.) just held the first of a series of hearings asking experts how to improve retirement security, and their prescriptions are to expand Social Security...

Dec 20 2013, 1:47pm CST

BlackBerry Loses Two More Executives

BlackBerry Loses Two More Executives The Canadian manufacturer of Qwerty smartphones, BlackBerry has recently lost two more executives who will be leaving it soon for greener pastures. BlackBerry has been down on its luck for awhile and its fortunes are not about to change soon.

Dec 16 2013, 2:19am CST

The Hottest Cheerleader Photos of 2014 Gallery
Blackberry refuses to be sold in pieces

Blackberry refuses to be sold in pieces After offering to be sold and looking for potential buyers, the BlackBerry board has recently backed off from offers given by companies like Apple, Microsoft, and Lenovo. According to Reuters, Apple and Microsoft have mostly been interested in buying the patents and the intellectual properties of BlackBerry.

Nov 26 2013, 4:42am CST

Pixar Layoffs Occur Due to “The Good Dinosaur” Delay

Pixar Layoffs Occur Due to “The Good Dinosaur” Delay Layoffs have occurred at Pixar Studios. The apparent reason due to which this downsizing has taken place is the delay in the movie “The Good Dinosaur”.

Nov 23 2013, 5:13am CST

Acer Founder Back to Lead the Company After New President and CEO Resign

Acer Founder Back to Lead the Company After New President and CEO Resign The founder of Acer, Stan Shih, has come back to lead the company which is down on its luck. This occurred after the new president and CEO, Jim Wong and J.T. Wang, both stepped down.

Nov 21 2013, 5:53am CST

Everpix is Shutting Down on December 15

Everpix is Shutting Down on December 15 Everpix photo startup is going to close shop completely on December 15th due to a dearth of funds. Currently the service is available in read-only mode. It will be dearly missed.

Nov 6 2013, 2:38am CST

BlackBerry Gets Sales Bids from  Intel, Google, Cisco, SAP and More

BlackBerry Gets Sales Bids from Intel, Google, Cisco, SAP and More BlackBerry has plans to auction itself off to the highest bidder. Several choices lie before it. Google, Intel and several other firms are among the parties interested in the deal.

Oct 5 2013, 3:53am CDT

BlackBerry Q2 Earnings Report Reveals Major Losses

BlackBerry Q2 Earnings Report Reveals Major Losses As Expected BlackBerry reports second quarter earnings that revealed major financial losses for the beleaguered company. A $935 million loss due to the Z10 was especially damaging to BlackBerry as its Q2 Report showed so clearly.

Sep 27 2013, 9:15am CDT

 HTC America Layoffs Affect 20% Workforce

HTC America Layoffs Affect 20% Workforce HTC America has seen better days than the tragic situation it faces today due to which it lays off 20% of its workforce. 30 employees and contractors out of 150 are impacted. This massive downsizing was undertaken by the top brass in order to optimize and simplify the organization.

Sep 14 2013, 6:22am CDT

Lytro to Introduce Breakthrough Products Next Year

Lytro to Introduce Breakthrough Products Next Year The camera company, Lytro is to introduce a number of breakthrough products by next year. Despite some downsizing, Lytro’s new plans are grounds for future optimism.

Aug 12 2013, 5:17am CDT

Nokia Announces $151M Loss in Q2 2013

Nokia Loses $151M in Q2 2013 Despite Record 7.5M Lumia Sale Nokia is showing a paradox of profit and loss. On the one hand, its dismal financial report for Q2 2013 shows that things are pretty low with loss €115 million(though not as bad as previously). Then looking elsewhere, the selfsame data is accompanied by a record 7.4M amount of Lumia sales.

Jul 18 2013, 7:17am CDT

Zynga Announces Layoffs for Cost Reduction

Zynga Announces Layoffs for Cost Reduction Zynga, the game manufacturer is to downsize a whopping 18% of its staff at various locations spread throughout the United States. This major layoff is a necessary part of the move to progress beyond the present financial straits Zynga finds itself in.

Jun 4 2013, 7:01am CDT