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This is the day the severance reduction takes place.Expectation is that very soon afterwards, massive layoff should fo
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Today's report on non-farm payrolls showed a loss of 80,000 jobs and a rise in the unemployment rate, now up to 5.1% from 4.8%. While an increase, the overall job loss numbers are still well below the six figure numbers seen in past recessions. In the 2
March 31 - Dell Inc said on Monday it plans to save $3 billion in expenses over the next three years by closing its Austin, Texas desktop computer manufacturing plant and cutting thousands of jobs.
The world's No. 2 computer maker will cut 900 of 17,50
The world's No. 2 computer maker will cut 900 of 17,50
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We encourage the formation of a positive community where people help each other get back on their feet. People are encouraged to post information with the following topics:1.[...]
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JimboC: Sprint has announced Xohm WiMax service launch will be delayed.The long-term outlook for WiMax and Sprint is getting cloudier. The Dow Jones Newswire reports that Sprint has further delayed the rollout of its Xohm WiMax service. Originally, Spr
JimboC: CNBC reported that Merrill Lynch (MER) will fire 10%-15% of non-broker employees in May. According CNBC, Merrill Lynch CEO John Thain is expected to complete his review of headcounts at the
GregBrownoser: Well, sources told me it's around 350 and not as much as the 1000 originally believed possible. Still, it's a significant blow, especially since it was mostly in the MD group there. Elsewere, in headquarters area, it looks like the ESA (Early Stage Accel
GregBrownoser: Rumor has it that Motorola is evaluating major workforce reduction at its Plantation facility, with as many as 1/2 of the workforce there being considered for layoff according to inside sources. This would mean potential layoff of over 1000 people and
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