IT layoffs 2017

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Brocade Layoffs Reach 308 Following $5.9-Billion Acquisition by Broadcom

Downsizing

Brocade Layoffs Coming Next Year Brocade Communications Systems, Inc. (NASDAQ:BRCD) is shedding 308 people from its workforce following its $5.9-billion acquisition by Broadcom Ltd. The Brocade layoffs are slated to take effect in 2018. The deal that prompted these Brocade layoffs began 11 months earlier, with a regulatory review and several delays postponing the acquisition. (more…)

GE Digital Layoffs 2017: Job Cuts Part of Cost-Cutting; Sales Staff Affected the Most

GE Digital Layoffs 2017

General Electric Company (NYSE:GE) CEO John Flannery’s cost-cutting plan has sent shock waves across the investor community. The multinational conglomerate is slashing its dividend in half and GE stock investors are panicking. But that’s only part of Flannery’s great restructuring plan. Another part includes cutting jobs, with the latest round of layoffs hitting GE subsidiary GE (more…)

Authenticom Layoffs: Company Slashes Half Its Workforce

Authenticom layoffs 2017

Authenticom, Inc. has announced that it will be making a significant cut to its workforce. These Authenticom layoffs seem to come on the heel of much more positive times for the company. Authenticom Layoffs Come after It Was Ranked One of the Highest-Growth Companies in the U.S. Two years ago, Authenticom, Inc. was being praised by then President (more…)

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Microsoft Layoffs 2017: Additional Job Cuts Hit Surface Hub Factory

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Additional Microsoft Layoffs at Wilsonville Plant Announced Making good on its promise, software giant Microsoft Corporation (NASDAQ:MSFT) is laying off additional employees at its soon-to-be-closed factory in Wilsonville, Oregon. The latest Microsoft layoffs are an extension of the first string of job cuts, which hit the same factory earlier this year.

Oracle Layoffs 2017: Hardware Unit Struggles as Firm Shifts Its Focus

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Oracle Layoffs in 2017 Devastate Hardware Unit as Company Refocuses on Cloud Computing Oracle Corporation (NYSE:ORCL) has struggled mightily throughout 2017 to adjust its hardware business to the industry realities. The Oracle layoffs in 2017 have numbered in the thousands, with many employees being let go from the units assigned to the “Solaris” operating system and (more…)