Posts Tagged: job losses


IBM to axe 13,000 jobs globally, starts with India

IBM to axe 13,000 jobs globally, starts with India

In a bad start to 2014 for the IT industry, IBM (NYSE:IBM) is reportedly axing 13,000 jobs from its global operations, according to a source...

  • February 14, 2014
  • at 11:30 am
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Ku6 Closes Shanghai Office, as its NASDAQ Shares Dip Below $1

It has never been a smooth ride for Ku6.com (NASDAQ:KUTV), which is currently China’s fifth-largest video-streaming and sharing site. ...

  • December 19, 2011
  • at 1:15 pm
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Clothing E-Tailer Vancl Cutting 25% of Workforce Ahead of 2013 US IPO?

Chinese clothing e-tailer Vancl is reportedly cutting as much as 25 percent of its workforce ahead of an anticipated US IPO in the first or ...

  • November 29, 2012
  • at 8:10 pm
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[UPDATED] Gaopeng.com Lays Off Hundreds of Groupon China Staff, Rumors of No Cash Flow

[UPDATE on July 30th - We've been contacted by Groupon head of PR in the UK who confirms an unspecified amount of staff being cut, but clari...

  • July 29, 2011
  • at 6:30 pm
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