Electronic testing gear maker Agilent Technologies Inc (A.N) reported a lower-than-expected quarterly profit with revenue from its semiconductor business showing the sharpest fall, and announced plans to cut 600 jobs. Chief Executive Bill Sullivan said on Tuesday the global downturn is likely to be the most severe in 70 years, making it difficult to give [...]
[GM] … laid out a plan to close more factories, eliminate thousands of dealerships and slash 47,000 jobs this year around the world. (Calculated Risk)
Tuesday, Governor Arnold Schwarzenegger’s administration started issuing 20,000 layoff notices to state workers. But there’s a loophole: 95,000 workers who belong to the state’s largest employee union are exempt. (MSNBC)
Global technology company First Data is closing its call center in Coral Springs and laying off 159 people. But the company said the Coral Springs office will remain to house other First Data business operations employing about 500 people. (Miami Herald)
Audio giant Bose Corp. will layoff about 1,000 workers, or 10 percent of its total workforce, the company announced Jan. 20. The company cited economic challenges associated with the global recession and a marked drop in consumer spending in announcing the job cuts. “We have been staffed for a growing economy, not a global recession. [...]
The Motion Picture Association of America, much maligned by file sharers everywhere, has gone through a “significant” round of layoffs, according to a studio source. The source said the layoffs were well over 10 percent and more reductions are expected. A spokeswoman for the MPAA confirmed the layoffs to CNET News, but declined to provide [...]
RT @thedarktangent: @GreatDismal it is the 20th anniversary of the DEF CON hacker conference the end of July and I want to invite you to speak. RT @Katy_Read: Like many writers, I have rituals. Before writing, I pour coffee, open the window by my desk, and attempt to read the entire internet. CNBC coverage of FB IPO is pretty fun. "Company X" stock is up. Check out their Facebook page. Coming up, Facebook. After the break….FB.Copyright © 2009–2012