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The decision comes after the Austin-based company reported increased revenue and number of paying users last year. However, the company is still reporting a net loss of about $1.9 million. Google ...
G-, S-, T- and X-series of sport watches present an era when products with number 3 were described as entry level, number 6 as advanced and 9 as professional or high-end. Suunto Vector was the world's first outdoor watch with ABC (altimeter, barometer and compass) functions. Released in 1998, it was available almost unchanged until it was ...
A WARN notice filed on May 7 details layoffs from Austin-based gaming company Arkane Studios where 96 employees no longer have jobs.. The company, which is owned by tech and gaming giant Microsoft ...
Removal of signage on a former Circuit City store in Portland, Oregon A Circuit City store under the effects of a liquidation sale in Raleigh, North Carolina on February 26, 2009. On November 4, 2008, Circuit City announced that it would close 155 stores and lay off 17% of its workforce by the end of the year as a result of continuing ...
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A layoff [1] or downsizing is the temporary suspension or permanent termination of employment of an employee or, ... A RIF reduces the number of positions, ...
The Sample – Western New York based retailer founded in Buffalo in 1928 when its founder brought a sample set of 48 dresses back from New York City. At its peak, the retailer was noted for its semi-annual clearance known as the Pup Sale. The demise of The Sample was in 1991 following the death of the chain's chairman a year earlier.
The pressure from deteriorating linear networks, coupled with heavy debt loads, has forced legacy media giants to cut costs wherever they can, resulting in mass layoffs and restructuring efforts.