LayoffBlog.com

March 26, 2009

Google cuts 200 jobs in Sales and Marketing in second round of layoffs

Google Inc. said Thursday, March 26, it will cut nearly 200 jobs in its global sales and marketing teams due to unchecked growth and “overlapping organizations.”
Google announced its first-ever cuts of full-time employees in January, when it said it would eliminate 100 positions from its recruiting organization.

Source: MarketWatch, Google

Related article: “Google slows acquisitions down to nothing

March 25, 2009

IBM Cutting More Jobs, Shifting Work to India

Weeks after slashing nearly 5,000 jobs, IBM is expected to shift the work of a large number of U.S. workers to IBM employees working in India, the latest example of a successful company that is continuing to slash costs and take advantage of cheap Asian labor, WSJ reported.

Source: WSJ, Fox Business News

Update (March, 25, 2009): IBM to cut 5,000 jobs in U.S: According to Reuters: “The job cuts will account for over 4 percent of IBM’s U.S. workforce, which totaled around 115,000 at the end of 2008. The sources, who were not authorized to speak publicly on the issue, said the cuts will mostly be in IBM’s global services business, which includes outsourcing and consulting services.”

BusinessWeek also reports (“IBM Cuts Jobs As It Seeks Stimulus Money“): “..the company would be cutting high-skill positions domestically as it and others jockey for new business from the $787 billion stimulus package Congress enacted in February”

March 18, 2009

IBM in talks to buy Sun Microsystems

According to Reuters, Yahoo News: “IBM is in talks to buy Sun Microsystems Inc for at least $6.5 billion, The Wall Street Journal reported, in a deal that could bolster their computer server products against rivals such as Hewlett-Packard Co.

That would translate into a premium of about 100 percent over Sun’s Nasdaq closing price Tuesday of $4.97 a share, the paper said, citing people familiar with the matter.”

Sun stock is down 71 percent in the last 52 weeks, a far cry from an all-time high of $258.75 that it touched during the dot-com boom. The company — which is shedding up to 6,000 jobs, or 18 percent of its workforce — reported a net loss of $209 million for its second quarter ended December 28, compared with year-earlier net profit of $260 million. Revenue fell 11 percent to $3.22 billion.”

March 17, 2009

Kaiser to cut 860 information technology jobs

According to SFGate: “Kaiser Permanente is cutting 860 information technology jobs nationwide under a realignment that includes a $500 million deal giving IBM management duties at Kaiser’s medical records data centers.”

“The Oakland health maintenance organization, which has spent as much as $5 billion over the past five years building up its electronic records system, said Monday it has inked a seven-year deal with IBM to maximize the performance of its data processing units.”

“In a separate action, Kaiser is eliminating an additional 160 information technology jobs scattered across 30 locations as it pares back spending due to the impact of the economic downturn.”

“Of the 700 staffers affected by the IBM deal, 500 work at one of the California data centers, which are located in Pasadena, Corona, Napa, Walnut Creek and Irvine

~News submitted by Jack R.

March 3, 2009

Rumor: Apple Layoffs Today?

According to Valleywag: “One tipster tells us there are “major layoffs” at Apple. Another writes that “all sales teams have mandatory meetings today” and that “HR booked conference rooms in Cupertino.” Is Apple cutting salespeople loose?”

~News submitted by Jack R.

February 26, 2009

Microsoft slashes contract worker rates by 10 pct

According to AP, CNBC: “Microsoft Corp. is slashing overtime, hours and pay for U.S. temporary workers as part of an overall push to curb expenses during the recession.

Microsoft will cut what it pays the staffing agencies by 10 percent for current projects and won’t raise the rate it pays for temporary workers who return after a mandatory annual 100-day break. The company also plans to reduce overtime and the total number of hours clocked by temporary workers.”

~News submitted by upthecreek

Yahoo CEO Carol Bartz Revamps Management

According to BusinessWeek: “New Yahoo CEO Carol Bartz just announced in a detail-free blog post the much-anticipated shakeup of Yahoo’s management ranks. Although she didn’t say what the reorganization would involve beyond making the setup simpler, some current executives clearly won’t be part of it. This morning, Yahoo said Chief Financial Officer Blake Jorgensen will be leaving, only a day after he made a presentation at a tech conference.”

Yahoo structure changes in breif:

  • Tech and Product groups will be combined
  • There are now two regions – North America and International
  • Mobile will continue to be a key priority for Yahoo
  • A Chief Marketing Officer (CMO) role has been created
  • A new group created: Customer Advocacy group
  • A new team created: Service Engineering & Operations (SE&O) team
  • Changes in HR led by David Windley, Legal led by Michael Callahan, Chief of stuff: Joel Jones, CFO position: vacant
  • This structure is designed to last two to four years

February 25, 2009

Cisco Confirms Global Job Cuts

According to Channel Web: “Cisco Systems (NSDQ:CSCO) confirmed to Channelweb.com that it has eliminated a number of positions in the U.S. and abroad as part of its realignment and restructuring initiative that will chop $1 billion out of its operating budget throughout fiscal year 2009.

Cisco would not confirm on Wednesday how many positions were cut. Sources, however, said employees started receiving notifications on Tuesday, and roughly 250 of the positions eliminated were based in San Jose, Calif. Overall, sources said, the number of employees affected was fewer than the 1,500 to 2,000 that Cisco CEO John Chambers hinted at on the company’s earnings call for the second fiscal quarter.”

February 23, 2009

Yahoo News Manager Neeraj Khemlani Is Leaving to Join Hearst

According to Bloomberg: “Yahoo! Inc.’s general manager of its news unit, Neeraj Khemlani, is leaving to join Hearst Corp. as a vice president handling digital media.

Khemlani, 38, will report directly to Chief Executive Officer Frank Bennack, helping the company shift toward digital content, Hearst said today in a statement. The job starts March 23. At Yahoo, he managed the site’s news, technology, weather and education content, along with Yahoo Finance.”

February 18, 2009

Unisys to expand W.Va. operation, add 15 jobs

Filed under: software,Technology,US — DF @ 11:09 am
Tags: , ,

According to CNBC: “Unisys plans to hire 15 people in an expansion of its Charleston operation. Unisys officials announced the expansion Wednesday at the Capitol in Charleston.

The Blue Bell, Pa.-based technology services company said it plans to conduct interviews for the technology and analyst openings on March 5 at the Charleston Civic Center. Unisys currently employs 85 people in Charleston.”

~News submitted by upthecreek

February 4, 2009

Cisco Systems: possible large jobs cut in 2009

According to CNNMoney: “The global economic downturn will continue to hammer computer networking giant Cisco Systems Inc., chief executive John Chambers said Wednesday.

In its current quarter, Cisco expects to see revenue decline between 15% and 20%, he said in a conference call with analysts.”

“We are not going to consider (layoffs) at this time,” chief executive John Chambers said. But he added, that if Cisco was forced to cut jobs, it would likely be a large cut of about 10% of its workforce.

  • Cisco employed 67,318 workers worldwide at the end of the second quarter.

THQ results miss Street view, to cut 600 jobs

According to Reuters: “THQ Inc (THQI) posted a quarterly loss as sales of video games fell more than expected, and the company warned results for the current quarter were likely to be “significantly” below what it had previously anticipated.”

The company plans to layoff 600 people (24% of workforce) in fiscal 2010 and cut spending by $220 million.

February 1, 2009

Novell confirms layoffs

Filed under: software,US — 7macaw @ 8:11 am
Tags: , ,

Open-source vendor Novell Inc. on Saturday confirmed reports that it had a layoff on Friday, though it said the layoffs were small and amounted to less than 3% of its workforce.

Novell spokesman Ian Bruce said the company laid off less than 100 out of 4,200 employees worldwide. He declined to say if the move came in response to slumping sales at the Waltham, Mass. firm.

Source: Computerworld

January 28, 2009

Citrix Systems 4Q Net Down 4.2%; Cuts 10% Of Work Force

According to CNNMoney: “Citrix Systems Inc. (CTXS) posted a 4.2% decrease in fourth-quarter net income as product-license sales fell, and the company said it would reduce about 10% of its global work force as it consolidates its facilities.”

“The provider of virtualization software, which improves computer efficiency by allowing multiple systems to operate on one computer, has cut costs recently but, until the job cuts on Wednesday, Citrix said it would continue to add employees and wouldn’t delay expansion.”

Update 1 (1-29-2009): According to rumors and leaks from inside, the first wave of layoffs at Citrix to start today: “[…] We will begin employee notifications on Thursday, January 29.  In the US, we will finish on Friday the 30th, with international notifications being completed as soon as practical, in compliance with local regulations […]”

January 25, 2009

US senator asks Microsoft about job cuts, H1B visas

According to Reuters: “A U.S. senator has asked Microsoft Corp about its plans to slash up to 5,000 jobs, urging the world’s biggest software company to preserve the jobs of Americans ahead of foreigners working on visas.

“The letter asked Microsoft Chief Executive Steve Ballmer to provide a breakdown of the jobs to be eliminated, and how many of those are individuals with H-1B visas and how many are Americans. Grassley also wants to know what the breakdown will be when the layoffs are complete.”

“I am concerned that Microsoft will be retaining foreign guest workers rather than similarly qualified American employees when it implements its layoff plan […] Microsoft has a moral obligation to protect these American workers by putting them first during these difficult economic times”, said Sen. Charles Grassley, an Iowa Republican.

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