Citing a softening demand within the IT industry, Ingram Micro Inc., a global distributor of computer products, will lay off 1,000 workers, or about 6 percent of its workforce, in an effort to save US$30 million to $40 million annually.
Financially strapped telecommunications giant Lucent Technologies Inc. is offering early retirement packages to more than 10,000 U.S.-based employees in order to speed up its restructuring efforts, the company said Wednesday.
Compaq Computer Corp. has become the second major computer vendor to back out of a deal to resell Unisys Corp.'s high-end ES7000 server for Windows 2000 Datacenter Server users, a move that strikes a potential US$400 million blow at the already struggling Unisys.
Microsoft Corp. said this month that it has joined with law enforcement and several software companies to fight software piracy and on-line fraud around the world.
Size really does matter, at least for the Internet Advertising Bureau (IAB). The IAB has issued new guidelines for larger online ads, giving electronic retailers more space to market their products.
Online bookseller Barnesandnoble.com Inc. posted a fourth-quarter loss yesterday and said that it will cut 350 full-time employees, or 16 per cent of its workforce, in a push to reach profitability.
A hacker angry at the outside activities of GlobalCentral.com, a Casper, Wyo., Internet service provider, has released customer information to Computerworld.