The Week Ending Aug. 19
Topping this week's roundup of companies that had a rough week was Lenovo, which continued to see a sales decline.
Also making the list were Cisco, which is undergoing a restructuring that includes thousands of layoffs; Microsoft, which was criticized by the Electronic Frontier Foundation for its aggressive Windows 10 upgrade efforts; retailer Eddie Bauer for a cyberattack on its point-of-sale systems; and Google for its shrinking Google+ social network.
Not everyone in the IT industry was having a rough go of it this week. For a rundown of companies that made smart decisions, executed savvy strategic moves or just had good luck, check out this week's Five Companies That Came To Win roundup.