losses

Intel Shares Slide After Foundry Business Posts $7 Billion LossIntel Shares Slide After Foundry Business Posts $7 Billion Loss

Intel Shares Slide After Foundry Business Posts $7 Billion Loss

Intel's share price falls 8.2 percent after its contract chip-making business posted an operating loss of $7 billion

9 months ago
Samsung Extends Chip Production Cuts After $7 Billion LossSamsung Extends Chip Production Cuts After $7 Billion Loss

Samsung Extends Chip Production Cuts After $7 Billion Loss

Electronics giant extends production cuts of memory chips after $7 billion loss in first half of 2023, but says the…

1 year ago
Meta Sells Giphy At Huge Loss After CMA OrderMeta Sells Giphy At Huge Loss After CMA Order

Meta Sells Giphy At Huge Loss After CMA Order

Mark Zuckerberg firm takes $260m (£210m) loss selling gif search engine Giphy, after UK ordered its divestment

2 years ago
Intel Posts Largest Ever Quarterly Loss, But Shares RiseIntel Posts Largest Ever Quarterly Loss, But Shares Rise

Intel Posts Largest Ever Quarterly Loss, But Shares Rise

Intel posts largest ever quarterly loss in company history, coupled with a 36 percent decline in sales. But share price…

2 years ago
Amazon Posts Annual Loss Amid RestructuringAmazon Posts Annual Loss Amid Restructuring

Amazon Posts Annual Loss Amid Restructuring

Worse than anticipated earnings for Amazon on Thursday, amid difficulties after pandemic boom and 18,000 job losses

2 years ago
Amazon Posts First Net Loss Since 2015, Amid Challenging MarketAmazon Posts First Net Loss Since 2015, Amid Challenging Market

Amazon Posts First Net Loss Since 2015, Amid Challenging Market

Disappointing results from Amazon with first loss since 2015, as inflation, fuel and warehouse costs and supply chain turmoil take…

3 years ago
HP To Cut 30,000 Jobs In Enterprise UnitHP To Cut 30,000 Jobs In Enterprise Unit

HP To Cut 30,000 Jobs In Enterprise Unit

Yet more job misery for HP staff ahead of corporate split, with total job losses set to reach 80,000

9 years ago
Toshiba Loses £209m After Accounting ScandalToshiba Loses £209m After Accounting Scandal

Toshiba Loses £209m After Accounting Scandal

Fallout from accounting scandal continues to rock Japanese firm after it posts annual loss of £209m

9 years ago
Microsoft Reportedly Planning Fresh Job CullMicrosoft Reportedly Planning Fresh Job Cull

Microsoft Reportedly Planning Fresh Job Cull

Reports claim Microsoft is planning a new wave of redundancies following 18,000 job losses last year

10 years ago
Sony To Cut 1,000 Mobile JobsSony To Cut 1,000 Mobile Jobs

Sony To Cut 1,000 Mobile Jobs

Losses come under increased competition in the mobile market from the likes of Samsung and Apple

10 years ago
AMD Loss Widens As Restructuring BitesAMD Loss Widens As Restructuring Bites

AMD Loss Widens As Restructuring Bites

AMD continues to feel the pain as it seeks to restructure its operations in a tough PC market

10 years ago
AMD To Axe 15 Percent Of Staff After Q3 LossAMD To Axe 15 Percent Of Staff After Q3 Loss

AMD To Axe 15 Percent Of Staff After Q3 Loss

AMD has confirmed it will slash another 15 percent of its workforce in an effort to return to profitability

12 years ago
HP Posts Largest Ever Loss After Huge WritedownHP Posts Largest Ever Loss After Huge Writedown

HP Posts Largest Ever Loss After Huge Writedown

HP has posted the biggest loss in its 73-year history as it struggles to transform its personal systems and service…

12 years ago
HP Braced For Huge Loss After £5bn EDS WritedownHP Braced For Huge Loss After £5bn EDS Writedown

HP Braced For Huge Loss After £5bn EDS Writedown

HP executives are bracing themselves for a huge Q3 loss due to a $8 billion writedown of the EDS acquisition

12 years ago
Sony Cuts 10,000 Jobs, Suffers Record LossesSony Cuts 10,000 Jobs, Suffers Record Losses

Sony Cuts 10,000 Jobs, Suffers Record Losses

New CEO Kazuo Hirai has to make tough decisions at Sony

13 years ago

Infosec: Missing Laptops Lose Over A Billion Euros

A European survey on the economic costs of almost 73,000 lost or stolen laptops puts the bill into billions

14 years ago