Report: Ericsson looks to cut 25,000 jobs

Ericsson is reportedly considering cutting some 25,000 employees outside of Sweden in its efforts to cut costs. This is according to a report in Swedish newspaper Svenska Dagbladet, which was picked up by Reuters today, and said that it is unclear if the layoffs would include employees within Ericsson’s media operations. Responding to the report, […]

Report: Disney’s Maker Studios to cut 80 staff

Disney’s Maker Studios is cutting some 80 jobs according to press reports coming out of the US. The Wall Street Journal reported that Maker is making the layoffs as it “radically shrinks” the number of YouTube creators it supports from 60,000 to as little as 300 video makers with large followings. The Hollywood Reporter said […]

Report: AOL to cut 5% of staff

AOL is reportedly cutting 5% of its staff, some 500 employees, as part of a restructuring effort that will see the company focus on mobile, video and data. According to a staff email from CEO Tim Armstrong, which was published in full by tech site Recode, AOL will “reshape parts of the company” and focus […]

Report: Google to cut half of Fiber staff

Google parent company Alphabet is reportedly looking to cut half the staff of its Google Fiber division, as it looks more to wireless technologies. According to a report by The Information, Alphabet CEO Larry Page has asked Google Fiber boss Craig Barratt to halve the size of the Fiber team to 500 people after failing […]

YouView to launch major recruitment drive

UK connected TV platform YouView is to launch a major recruitment drive that it says will expand its technology team by over 50%. The platform, which is backed by the UK’s major free-to-air broadcasters, transmission services provider Arqiva and telecom service providers BT and TalkTalk, is to add over 50 developers, test engineers and project […]

Toshiba to halve TV staff, plans 4K focus

Toshiba said it will halve its TV staff from 6,000 to 3,000 and shut down two of its three TV manufacturing facilities this fiscal year, as it looks to cut costs and focus on Ultra HD.  In an announcement submitted to the Tokyo Stock Exchange, Toshiba said it was looking to implement the structural reform […]