blogs.zdnet.com - 11/14/2008
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Sun said Friday that it will lay off 15 percent to 18 percent of its workforce–or 5,000 to 6,000 people–as it restructures amid weak demand, a series of poor quarters and a business model that rallies around open source software.
Add it up and Sun is looking to save about $700 ...
money.cnn.com - 11/14/2008
money.aol.com - 11/14/2008
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money.aol.com —
Citi Said Planning 10,000 More Job Cuts posted:
15 MINUTES AGO comments: 0 AP The Wall Street
Journal reports that banking giant Citigroup is planning to shed at least 10,000 jobs on top of another 11,000 cuts ...
(more)
Citi Said Planning 10,000 More Job Cuts
money.aol.com - 11/17/2008
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money.aol.com —
Citi Could Cut Up to 50,000 Jobs posted:
ONE MINUTE AGO comments: 0 AP At a town
hall meeting scheduled for Monday, Citigroup CEO Vikram Pandit, who has been the subject of tough criticism since taking the ...
(more)
Citi Could Cut Up to 50,000 Jobs
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Blog Reactions
Sun to Cut More than 5000 Jobs [GigaOM]
GigaOM Network —
... somewhere between 5,000-to-6,000 jobs. The company plans to cut its annual costs by between $600-to-$800 million. The company blamed the cuts on the global economic downturn. I think like many other companies, Sun is using the downturn as an excuse for what have been pre-existing problems, foretold by its stock price that seems to be in an unending swoon. The cuts also come with the rearranging of the executive responsibilities prompting Larry Dignan to write: “Sun is a company mired in what seems like a never-ending ...
Sun readying itself to be carved up?
The Open Road —
Sun has announced that it will be laying off 5,000 to 6,000 employees, 15 percent to 18 percent of its workforce, as The Wall Street Journal reports, saving roughly $700 million to $800 million per year.
Larry Dignan at ZDNet notes that Sun will be organizing its business ...
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flickr.com 12/2/2008 — taptaptap.com posted a photo:
Congrats to Apple and all the developers for getting the App Store to over 10,000 apps. See the source image here .
http://www.taptaptap.com/blog/
Facebook hits 10,000,000,000 photos, good LORD
crunchgear.com 10/16/2008 —
Doug Beaver over at a Facebook Engineering blog casually mentions that they have just had their ten billionth photo uploaded . Not only that, but since they keep 4 copies of each in different sizes, that’s 40 billion files just for the ...
Caterpillar Profit Drops, Cuts 20,000 Jobs
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AT&T Cutting 12,000 Jobs;
online.wsj.com 12/4/2008 — Ask a question about anything you choose, and let readers from the Journal Community answer it. Please fill out all required fields. Please enter a question. The Question description should not be more than 2000 characters. Please choose a category ...
10,000 Core Computer
hackedgadgets.com 11/19/2008 —
Is your desktop quad core computer a bit slow for your liking? If SGI develops this concept into an actual product you may be able to add some horsepower to your computing needs.
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AT&T to eliminate 12,000 jobs
marketwatch.com 12/4/2008 — Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. and subject to terms of use . Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . More information on ...
Applied Materials to cut jobs as earnings fall —
SFGate: Technology 11/13/2008
Chip manufacturing equipment manufacturer Applied Materials Inc. said Wednesday that its fiscal fourth-quarter earnings dropped 45 percent and the Santa Clara company announced plans to cut 1,800 jobs by the end of fiscal 2009. The job cuts represent ...
Sun slashes up to 6,000 jobs —
The Register 11/14/2008
Something's got to give - and it did Before the markets opened on Wall Street this morning, Sun Microsystems did what most of us expected it would soon do after years of flatline revenues and a lack of profits or losses in many quarters: slash the ...
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