No one ever said turnarounds were easy, and Nokia (NYSE: NOK)—currently the world’s largest handset maker—is one big ship. Today the company announced that it would be downsizing its manufacturing, as well as its mapping and commerce divisions, which will result in job losses totalling 3,500.

Another day, another publisher looking to take a step away from print. Future Publishing (LSE: FUTR), the UK-based special-interest magazine publisher, is looking to sell or close eight print titles and lose 100 staff, as it looks to stem a decline in revenues, particularly in the U.S., and continue its…

Several parties are still negotiating to buy all or part of MySpace (NSDQ: NWS), building to a possible conclusion before News Corp.‘s fiscal quarter closes at the end of the week. At the same time, MySpace is slashing costs with yet another major staff cut: paidContent has learned that likely…

[Detail of how Lonely Planet is moving its digital team out of Melbourne] Hi everyone, Today we are making some changes to our organisation that will affect everyone at Lonely Planet, directly or indirectly, in order to reposition us to return to profitability while staying true to what we do…

Two big steps for Nokia (NYSE: NOK) today in its ongoing strategic shift: the company announced it would transfer all Symbian software operations to Accenture, including the 3,000 people that work in the division. It also said that it would begin a massive wave of layoffs that will total 4,000…

Update: CEO Tim Armstrong’s full memo to staffers. AOL (NYSE: AOL) will make no job cuts in Europe, the company tells paidContent:UK, despite a 900-person cull that will include 200 lost from its U.S. media and technology groups plus 400 laid off and 300 outsourced in India.

Last week, AOL (NYSE: AOL) CEO Tim Armstrong told the crowd at paidContent 2011 that layoffs—aka “job changes”—were coming following the $315 million deal to acquire the Huffington Post. The layoffs started Thursday in India, where AOL’s operations are being dramatically downsized: 400 jobs lost, 300 outsourced, roughly 200 remaining,…

The outgoing chief executive of Google (NSDQ: GOOG), Eric Schmidt, has announced a plan to hire more than 1,000 staff over the coming year to boost its European operation.

The BBC’s online cutbacks take pains to placate long-critical commercial opponents, with stepbacks from showbiz, sport and specialist business news; forums and some local features. That may be good news for celeb-laden news sites like Mail Online, any publishers that do soccer coverage and, to a small extent, local newspapers.…

Some of the BBC’s online cuts (see full list) are not as deep as they might first appear - but the Putting Quality First strategy package nevertheless represents BBC Online’s first significant reining in of itself.

“We’ve been able to fix a lot of the things that were broken,” the BBC’s outgoing top digital exec, future media and technology director Erik Huggers, told paidContent:UK, after announcing wide-ranging, generational layoffs and cutbacks from BBC Online. Listen to our interview…

Here is the BBC’s full announcement of its online cutbacks… The BBC is to re-shape BBC Online by 2013 to deliver its public service mission in the digital age. The reorganisation will mean the service licence budget for BBC Online is reduced by a quarter. It will also require the…

As has been rumored for weeks, MySpace (NSDQ: NWS) is cutting 500 employees, or nearly half of its workforce. The social networking, which made the announcement this morning as all eyes were on Verizon’s iPhone news, says it’s making the cuts “to provide the company with a clear path for…

With MySpace on borrowed time in News Corp (NSDQ: NWS). is the once-mighty social network due to make further cutbacks?

Not great news around the holidays, but at least some of the consultations won’t begin until January: UK mobile operators O2 and Everything Everywhere—the merger of T-Mobile and Orange in the UK—are separately preparing layoffs that will, in total, number in the thousands. O2 is focussing primarily in the area…

Earlier this year, News Corp (NSDQ: NWS). confirmed it wanted to sell Fox Mobile. Now it appears that in the meantime, it’s cutting costs and keeping lean.

The Rubicon Project is doing a mix of hiring and firing as it brings in more automated services to meet clients’ demand for real-time bidding services, the company told paidContent. The company is letting go three staffers in the U.S. as well as two others in Hong Kong, as Rubicon…

Weedle, a site that lets users find people who have specific skills and also pitch their own, has raised $4 million in funding. On Weedle, users create short profiles for free complete with their background, as well as the service they’re providing. They can also “vouch” for other members. Weedle…

BraveNewTalent, a British social recruiting site which has its sites on an overseas expansion, has raised £350,000 (roughly $560,000) in a funding round from nine angel investors. The site—which mixes social networking with job searching—promises to let students and graduates “find, follow and build a relationship with employers of choice.”…