Tag - Layoffs
Intel is cutting a significant amount of employees from its workforce, with the loss of up to 12,000 jobs. The announcement of layoffs affecting 11 percent of the processor maker's staff, with losses taking place around the world, is being billed as a "restructuring to speed its transition" into a company refocused on building its Internet of Things (IoT) and data center businesses, as it fights the effects of the PC market's continuing decline.
One of the companies who helped bring smart watches into the mainstream is preparing to lay off approximately a quarter of its staff, in order to save itself money. Pebble CEO Eric Migicovsky confirmed in an interview that the company will be letting go of 40 employees this week, and squarely blames the difficulty in raising more funds from venture capitalists as the main reason behind the reduction in the smart watch manufacturer's workforce.
Imagination Technologies has announced a second reduction in its workforce in as many months, as the company attempts to cut costs and restructure itself. Following on from an announcement in February for the loss of 150 jobs, the producer of the PowerVR graphics architecture used in the iPhone and iPad intends to lay off another 200 staff around the world, as the company endures a general slowdown in the semiconductor market.
Network-connected speaker manufacturer Sonos is laying off some of its employees, at the same time as refocusing the company so it works better with streaming music services in the future. A blog post from CEO John MacFarlane confirms there will be staffing changes, as well as outlining the company's future plans, which includes taking on Amazon and its own Echo speaker by bringing voice control to its product range.
The sapphire manufacturing facility in Mesa, Arizona owned by Apple but currently occupied by the now-bankrupt GT Advanced Technologies will eventually be re-purposed by the iPhone maker, according to a report from Mesa City Manager Chris Brady. This could allow some employees, who are looking at possible layoffs as early as this month, to continue working at the facility. Currently, GT Advanced is being allowed to remain in the facility rent-free through the remainder of the year in order to wind down operations.
A ruling from the US District Court in October is causing more hurt than first realized, as Aereo ist now turning to layoffs as a way hold resources for the future. Between offices in New York and Boston, the company is letting go of a large number of employees. More devastating is the coming closure of the Boston office, which Aereo expects to shut down on November 12.
News of Microsoft's last large wave of layoffs hit today, with the company cutting an additional 3,000 jobs to reach its goal of 18,000. The final significant wave is larger than the number of positions released in September, but they continue to be spread across various parts of the company. Microsoft had set out to reduce its worldwide workforce by 14 percent with the layoff plan, beginning with nearly 12,500 employees of Nokia in July.
More changes are coming for the third-ranked wireless carrier in the United States, according to a filing with the US Securities and Exchange Commission (SEC). The SEC filing indicates that Sprint has started a workforce reduction plan that affects an undisclosed number of workers. While the number of layoffs coming when CEO Marcelo Claure was brought aboard earlier in the year wasn't stated, he did inform employees that the cost-cutting measures were an inevitability.
Microsoft has moved into phase two of its previous announcement to part ways with 18,000 employees. Today, the company released an additional 2,100 employees in order to move closer to the July 2015 deadline that was previously laid out. It's unknown which sections of the company are seeing the layoffs, but the job cuts are happening on a global scale.
It seems that Microsoft is trying to sweeten the pot to get workers to leave the Nokia factory and research and design center in Beijing. The software company is offering any of the former employees at the Nokia locations a free phone if they voluntarily split from the company. The offer is part of Microsoft's plans to eliminate about 4,700 jobs in the Beijing locations.
Now AAPL Stock: 143.68 ( -0.85 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE