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Macy’s Job Cuts Affect 2500 Workers

Macy’s Job Cuts Announced
by Sumayah Aamir
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... Read more Jan 9 2014, 6:20am CST
 

Should Social Security Benefits Be More Generous?

Should Social Security Benefits Be More Generous?
by Forbes
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... Read more Dec 20 2013, 1:47pm CST
 

BlackBerry Loses Two More Executives

BlackBerry Loses Two More Executives
by Sumayah Aamir
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... Read more Dec 16 2013, 2:19am CST
 

Blackberry refuses to be sold in pieces

Blackberry refuses to be sold in pieces
by Triszia Marie Santos
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... Read more Nov 26 2013, 4:42am CST
 

Pixar Layoffs Occur Due to “The Good Dinosaur” Delay

Pixar Layoffs Occur Due to “The Good Dinosaur” Delay
by Sumayah Aamir
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”. Read more 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
by Sumayah Aamir
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. Read more Nov 21 2013, 5:53am CST
 

Everpix is Shutting Down on December 15

Everpix is Shutting Down on December 15
by Sumayah Aamir
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. Read more 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
by Sumayah Aamir
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. Read more Oct 5 2013, 3:53am CDT
 

BlackBerry Q2 Earnings Report Reveals Major Losses As Expected

BlackBerry Q2 Earnings Report Reveals Major Losses
by Sumayah Aamir
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. Read more Sep 27 2013, 9:15am CDT
 

HTC America Layoffs Affect 20% Workforce

 HTC America Layoffs Affect 20% Workforce
by Sumayah Aamir
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... Read more Sep 14 2013, 6:22am CDT
 

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