Layoffs | Page 8

The cost-cutting measure will allow the company to invest in technology upgrades.

The tech company expects to slash about 10 percent of its workforce over the next three years as it adjusts to falling demand.

The Finnish company has failed to create a new hit game since the 2009 launch of Angry Birds.

After write-offs, an impairment charge, and thousands of job cuts, can Microsoft recoup any value from its $7.2 billion Nokia acquisition? Let the debate begin.

The latest job cuts would be in addition to the 18,000 jobs Microsoft said it planned to cut a year ago.

Shares were up about 7 percent in extended trading hours.

Some positions are being eliminated while others are added, but overall headcount has gone down in a restructuring drive.

The big retailer is battling back after a massive data breach and sluggish performances.

Zillow has completed its $2.5 billion acquisition of online real estate rival Trulia.

Many Tesla owners in China, which Musk has said is a market rife with potential, complain of an inadequate charging infrastructure.

The maker of the world's first flavored lip balm is closing its doors for good, but sweet, sweet Lip Smackers will live on.

The fast-food giant is cutting 63 corporate jobs after a spectacularly difficult 2014.

Plans are in the works to shed as much as 10 percent of eBay's workforce.

Less than a year and a half ago, the ecommerce company raised $150 million at a $1 billion valuation. Today, the company is reportedly on the block for $15 million.

The site, which was rumored to be in acquisition talks with eBay in September, is said to have scaled its team down to 10 or 15 from 45 a year ago.

Last year, Americans willfully neglected $52.4 billion worth of time-off benefits.

Should your company falter, here's how you can get it back on track.

The struggling retailer could close more than 100 stores before the end of the year, a news report says.

Company CEO: 'We have been building our team on assumptions of faster growth than have materialized.'

Tony Hsieh, a cult-like figure and the CEO of Zappos, is reportedly stepping down as leader of his $350 million project to transform Downtown Las Vegas into a city built entirely for entrepreneurs.

The network equipment maker delivered better-than-expected quarterly results, but announced it will cut about 8 percent of its workforce.