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The world braces as Microsoft get ready to sack up to 17 per cent of their...

It seems as though Microsoft is getting ready to let go of around 15,000 jobs around the world.  The job cuts would be the first that the highly popular company would have made since the company’s...

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Barclays cut 400 IT jobs claiming the roles were “unclear”

Barclays have decided that they need to offload some of the IT jobs that they are deeming unnecessary.  Barclays are cutting 400 IT jobs as they claim the roles of the employees are unclear.  The move...

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Nortel files for bankruptcy as shares plummet 76 per cent

As the country falls further into a pit of economic despair, America’s leading manufacturer of telephone equipment, Nortel Networks Corporation has declared itself bankrupt, filing for bankruptcy only...

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BT shares plummet 15 per cent as profits take a dive

BT shares have taken a harsh hit this morning as the company announces ongoing issues with their Global Services unit.  Shares in BT fell 15 per cent to 104.7p, causing BT’s market value to suffer a...

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