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Cisco Systems will cut up to 5,500 employees from its 73,000-strong global workforce, the company announced Wednesday as part of its Q4 earnings report. The restructuring will allow further investment in key priority areas such as security, the Internet of Things, collaboration, next-generation data...

Seeking to streamline in the face of continued customer losses, No. 3 wireless telecommunications carrier Sprint Nextel will cut 4,000 jobs and shutter scores of retail outlets. Sprint Nextel described the moves as the "initial plans" and as part of "an ongoing review of operations and market approa...

With brick-and-mortar retailers reporting a blockbuster Black Friday, Internet merchants looked to counter with a strong Cyber Monday, with at least one analyst firm predicting sales would set a record by exceeding 2006 levels. Although Cyber Monday has come to stand for the virtual equivalent of Bl...

Time Warner's AOL unit will reduce its workforce by 2,000 more workers as the once massive Internet company continues a transformation designed to better enable it to compete in the current Web marketplace. This time, the 2,000-person reduction in headcount amounts to a 20 percent cut and will bring...

AMD's head of sales and marketing will leave the company next month, the company said, as the chipmaker finds itself struggling to regain market momentum it enjoyed as recently as last year. Henri Richard, whose title is chief sales and marketing officer, will exit the post sometime in September. Ri...

Dell will cut some 8,800 workers from its payroll over the next year. Dell announced the cuts as it released first quarter results that beat Wall Street forecasts for profit but still showed that the once dominant PC maker is facing an uphill battle against competitors such as HP. Founder and CEO Mi...

IBM has cut more than 1,500 additional jobs from its information technology services unit, the company said Wednesday. The move is the latest in a series of changes to revamp the company to better compete in a changing technology landscape. Big Blue laid off 1,573 more people from its services busin...

Alcatel-Lucent, the telecom gear-making giant created by their recent merger, said Friday it would slash its payroll by 3,500 more workers than previously planned after posting a sizeable loss for the fourth quarter. The Paris-based company reported earnings for the first time since the $11.4 billio...

For the past three years, a Chicago consulting firm has assumed a Grinch-like role with its annual estimate of worker productivity losses attributable to the Super Bowl. Those losses, though, may actually be gains for many businesses, according to the firm's top executive. Money lost due to producti...

Motorola said Friday it would cut 3,500 jobs worldwide in coming months after turning in a disappointing profit for the fourth quarter, despite a strong surge in sales of its mobile devices. Sales for the quarter that ended in December were $11.8 billion, an increase of 17 percent over the $10 billi...

A Michigan teenager who tricked her parents into getting her a passport and flew to the Middle East to meet someone she met through her MySpace.com page is back at home, with her misadventure stirring renewed debate about the safety of social networking sites that target a young audience. Katherine ...

IT certifications evoke expectations of both software and systems administration skillsets, but jokes abound about how little knowledge so-and-so with such-and-such a certificate has. One thing is clear: Although Microsoft Windows and Cisco certifications continue to be the biggest, the importance o...

IT certifications evoke expectations of both software and systems administration skillsets, but jokes abound about how little knowledge so-and-so with such-and-such a certificate has. One thing is clear: Although Microsoft Windows and Cisco certifications continue to be the biggest, the importance o...

The upcoming turning of the calendar to January of 2006 brings more than a new year. It also marks the start of what some say is the most sweeping demographics change to hit the American workforce since World War II. That's because during 2006, the first of the Baby Boomer generation will turn 60 ye...