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Bombardier to cut 1,400 jobs in Britain

Canadian train maker Bombardier is cutting more than 1,400 jobs at its plant in Derby, central England, after losing out to German group Siemens in a competition to upgrade rolling stock on the Thameslink cross-London railway.

Lockheed's aeronautics unit to cut 1,500 jobs

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The aeronautics unit of Lockheed Martin Corp, the Pentagon's No. 1 supplier by sales, said on Thursday that it plans to cut about 1,500 jobs to reduce costs in response to a flattening of U.S. defense spending.
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Facebook CEO Mark Zuckerberg listens to a question from the audience in San Francisco

Facebook's 'I’m CEO, Bitch' inspired by Steve Jobs

Facebook founder Mark Zuckerberg, who beat out Steve Jobs for the honor of Time magazine’s “Person of the Year” and Forbes magazine’s list of wealthiest American’s in 2010, has modeled his management style after Steve Jobs.
Mayor Michael R. Bloomberg

Bloomberg Cuts Deal To Avert Teacher Layoffs

Mayor Michael Bloomberg and the United Federation of Teachers which represents thousands of teachers in New York City have struck a deal to avoid teacher layoffs amounting to 4,100 in total, sources said.
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Obama launches technology partnership to spur jobs

President Barack Obama on Friday launched an initiative to develop new U.S. manufacturing jobs by teaming up government with companies and universities to invest more than $500 million in advanced technologies.
Unemployed British construction workers protest outside the Isle of Grain power station in Rochester, southeast England

10,000 Jobs In UK Go Unfilled, While Claimant Count Rises

In a reflection of how the British workforce’s skills might not match up with the requirements of available work, May figures from the Department and Work and Pensions (DWP) indicated that 10,000 jobs remained unfilled over the past three months or more at Jobcentre Plus, despite a rise in the number of people filing for unemployment insurance benefits.
iOS 5

Five iOS 5 Features Apple Copied From Android

The latest edition of iOS, which was unveiled by Steve Jobs at the Apple WWDC, will have around 200 new features and will start being seen in devices like iPhone 3GS and 4, iPad and iPad 2, and iPod touch 3 and 4, from this fall. Here are five features in Apple's upcoming iOS 5.0 that were found in Android.

Why is RIM losing out in the smartphone market?

Research In Motion(RIM) once dominant of smartphone space has seen its shares drop by 20 per cent, taking it to the lowest level in almost five years, as the consumers shift their attention to sleeker phones from competitors like Apple.
RIM

RIM to slash jobs after slashing guidance

Research in Motion (RIMM) slashed its guidance on Thursday after quarterly profit dropped, saying that it would slash jobs as rivals mount pressure on the smartphone maker.
Steve Jobs Comic Book

First Steve Jobs Comic Book On the Way

Bluewater Productions is set to release a comic book on Steve Jobs that it says will tackle both his innovative genius, and his egomaniacal, corporate pirate side.
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Greece fears drive down futures ahead of jobs data

Stock index futures dipped on Thursday as global equities tumbled on worries that the lack of a deal on how to handle the Greek debt crisis could trigger disorderly market moves and crimp liquidity.
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Lockheed space unit to cut about 1,200 jobs

Lockheed Martin Corp's space systems unit said on Tuesday it would cut 1,200 workers, or about 7.5 percent of the division's total workforce, by year's end to reduce costs and improve its competitive standing.
Postal workers return to a delivery office in west London

Thousands of UK postal workers likely to lose jobs

Up to 20,000 postal workers in Britain are likely to lose their jobs after the Royal Mail posted a £120-million loss in its letters and parcels business largely as a result of more people abandoning the system in favor of internet communications.
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Jobs prospects improve in most economies: Manpower

Hiring prospects for the coming quarter have improved in most large economies from three months ago, while holding steady in the United States, according to a quarterly survey of employers by ManpowerGroup Inc .

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