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Disney, home of the self-described happiest place on Earth, has laid off close to 200 employees as it tries to revamp its interactive media division, The Wall Street Journal reports.
Most of those pink slips ended up in the hands of employees working f…
With more and more members flocking to Facebook, MySpace is taking drastic action to cut costs and possibly prepare itself for a sale. The struggling social network slashed its workforce nearly in half, handing out pink slips to 500 of its 1,100 employ…
Credit MySpace for once dominating the social networking scene and, more recently, trying to reinvent itself as an all-around entertainment epicenter. But let’s be real, MySpace blew its opportunity to become what Facebook already is, and there doesn’t…
There have been rumors that Yahoo’s latest round of layoffs nixed the entire Del.icio.us team, and now it appears the social bookmarking site is not long for this world, TechCrunch reports.
Former Yahoo employee Andy Baio posted an internal Yahoo team …
The long-time Finnish maker of mobile phones, Nokia, announced today that they are preparing to reduce their workforce, according to Reuters. The cuts will start with 800 in Nokia’s home market of Finland. Overall, the company expects to eliminate 1800…
Clark Griswold went off the deep end when he received a “Jelly of the Month” membership in place of a holiday bonus check, but at least he wasn’t laid off. The same can’t be said for some 650 to 700 Yahoo employees expected to lose their jobs today, Al…