Moxi maker cuts staff by half, loses CEO
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The DVR maker also makes some significant shifts in strategy, saying it will focus on fewer platforms.
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Galiform, the former owner of MFI, says it will cut 560 jobs as part of plans to restructure its business.
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By Greg Avery, Daily Camera, Boulder, Colo.  Jan. 31--Brocade Communication Systems' buyout last week of McData Corp.  resulted in a quarter of the company's Broomfield work force being laid off,  according to the Colorado Department of Labor.
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International Business Machines  Corp.  said it laid off about 1,570 employees on  Wednesday in its computer services business in the United  States, part of a plan to trim costs in the unit.
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International Business Machines Corp.  said it laid off about 1,570 employees on Wednesday in its computer services business in the United States, part of a plan to trim costs in the unit.
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Automaker Chrysler LLC aims to cut its product lineup by around a half and dramatically shrink its dealership network so it can sell its three brands under one roof, the Wall Street Journal reported on Friday, citing people familiar with the plan.
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The head of MicrosoftÂs division that makes specialized software for small and midsize businesses is stepping down.
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The chief executive of Microsoft Corp's  Greater China business, Chen Yongzheng, has resigned, the world's largest software maker said on Wednesday.
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The head of Mexican state oil monopoly Pemex resigned on Monday following a scandal over staff benefits, leaving analysts wondering if a successor will have more
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InGlasCo, the chief puck manufacturer for the NHL, lays almost half of their employees on Sunday as a result of the prolonged lockout.
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Bombardier Inc., the world&#39;s top maker of train equipment, ousted Chief Executive Officer Paul Tellier after the company&#39;s market value dropped by two-thirds since he was hired two years
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The retailer's CEO steps down amid a shakeup in operations.
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The layoffs come as Motorola completes the spinoff of its semiconductor division. Also: Akimbo Systems signs a deal for content from Time Warner's Turner Broadcasting System & hellip;. PalmSource introduces a smart phone operating system & hellip;. and more.
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The NHL's official puck supplier has laid off half its staff, a result of the hockey lockout that entered its 123rd day on Sunday.
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Shares of Monster Worldwide Inc.  , parent of jobs Web site Monster.com, fell more than 2  percent on Wednesday after it said its chief financial officer  was resigning in a management shake-up.
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Pharmaceutical giant Merck &amp; Co., under siege over revenues lost since it recalled arthritis drug Vioxx, will have cut about 5,100 jobs by year&#39;s end, 700 more than first planned, and will slash costs by $2.4 billion over four years, chairman and CEO
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The company axes 400 jobs, joining other hard drive makers in eliminating staff.