Our most viewed story to date also had the least amount of details. If Digg could engage in a round of layoffs, we’d be golden.
October 2008
Leo LePorte is twittering of layoffs at Revision3
Markets are tanking, OPEC is flanking….Q408 how we loathe thee. Chrysler LLC says it will cut 25 percent of its salaried work force starting next month. (AP)
Maybe if they slashed the budget for Heroes it might actually become interesting again. NBC Universal is prepping another round of major cuts, slashing spending by $500 million next year. Conglom topper Jeff Zucker announced the reduction Friday via a memo to staffers. Cuts would equal 3% of the company’s budget, according to Zucker. (Variety)
Ouch. According to ValleyWag, Yahoo employees invited to party right before being laid off in time for Christmas. A tipster tells us that Yahoo plans to cut 3,500 jobs, chiefly in sales and finance, on December 10 — while keeping plans for a multimillion-dollar holiday party days before the cuts. (ValleyWag)
Iceland is some deep shit, and not the kind drunken teenagers and techno music can solve. Trading in the Icelandic krona came to a halt after the government seized control of Kaupthing Bank hf, the nation’s biggest lender, as the financial crisis deepens. There haven’t been any so-called krona spot trades today, or transactions in [...]
Micron and Intel plan to shut down their joint production of NAND flash memory from a Boise, Idaho, facility, and Micron plans to lay off about 15 percent of its workforce in another sign that the economic meltdown is taking its toll on some tech companies. (PC World)
Georgia-Pacific Corp.’s layoff of nearly all employees at its Whiteville manufacturing plant will have an impact far beyond the approximately 400 workers and their families. (Starnews) Nvidia (NVDA) this afternoon announced that it will cut its staff by 6.5%, or about 360 people, by the end of its fiscal third quarter ending in October. The [...]
McCain would tap Meg for Treasury post. Ebay struggles Online retailer EBay Inc., which is trying to reverse years of slowing growth in its auction business amid rising competition and a spreading financial crisis, said Monday that it would cut 10% of its global workforce even as it spends $1.3 billion to buy three Web [...]
