Rackspace announces it has laid off 200 workers

Rackspace, the hosted private cloud vendor, let go around 200 workers or 3 percent of its worldwide workforce of 6600 employees this week. The company says that it’s part of a recalibration where it is trying to find workers who are better suited to their current business approach. A Rackspace spokesperson told TechCrunch that it […] Continue reading Rackspace announces it has laid off 200 workers

Akamai has laid off 400 workers or 5 percent of global workforce

 Akamai, the Cambridge Massachusetts content delivery network and network services provider, announced they had laid off 400 people in their earnings call with analysts yesterday. On the call, Akamai CEO Tom Leighton indicated that the 400 people … Continue reading Akamai has laid off 400 workers or 5 percent of global workforce

Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business

 Some changes are underway at Stack Overflow, the online community where some 50 million developers and others converge to talk programming and many other things. TechCrunch has learned and confirmed that the startup has conducted a substantial number of layoffs across the company as it looks to steer the business more towards its core Q&A products and away from areas that were seeing… Read More Continue reading Developer community Stack Overflow lays off reportedly 20% of staff as it refocusses business

Microsoft experiences the triumph and tragedy of transformation

Satya Nadella When long-time Microsoft COO Kevin Turner left the company last year, it marked a key turning point in the Satya Nadella era. Turner’s exit enabled Nadella to start putting his own stamp on the company, and the layoffs, strategy shifts and personnel changes we’ve seen recently are a reflection of that. Read More Continue reading Microsoft experiences the triumph and tragedy of transformation

Microsoft confirms layoff reports, reorganization expected to impact thousands

 After a week of reports, Microsoft has confirmed its restructuring plans. As we previously reported, the moves are expected to impact thousands at the company as it works to reorganize its sales team. Subsequent numbers have put the headcount at anywhere between “up to 3,000”  to closer to 5,000. CNBC, which reported the smaller figure, adds that around three-quarters of the cuts… Read More Continue reading Microsoft confirms layoff reports, reorganization expected to impact thousands