layoffs
Business
Microsoft May Lay Off 5,000 More Employees
8:23AM Jason Chen | This follows up their 1,400 count layoff in January, which were its first ever. Maybe it can use some of that $US11 million in stimulus money to build a bridge so the poor people who got laid off can live under it. [Seattle Times] More »
Business
Apple Removes
8:31PM John Herrman | Apple’s financials looked pretty spectacular this quarter, with a total profit in excess of $US1.2 billion despite the gruesome economy. They also exceeded expectations for iPod and iPhone sales, laptop sales, and layoffs. Wait, what?
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Apple Removes Baby Shaking App 1600 Employees From App Store Actual Stores
8:31PM John Herrman | Apple’s financials looked pretty spectacular this quarter, with a total profit in excess of $US1.2 billion despite the gruesome economy. They also exceeded expectations for iPod and iPhone sales, laptop sales, and layoffs. Wait, what?
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Business
‘Huge’ ‘Massive’ Best Buy Layoffs Coming Tomorrow (Updated)
1:03PM Mark Wilson | Tomorrow might not be the best day to go to Best Buy, as two independent sources (one of which we’ve used in the past) have warned us of extensive store-level layoffs. UPDATE
Business
IBM Prepping For Thousands Of
9:00AM Sean Fallon | IBM has begun notifying employees that layoffs or “resource actions” are coming. All in all, some 5000 employees, mostly from the Global Business Services division will be affected. [Digital Daily]
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IBM Prepping For Thousands Of Layoffs ‘Resource Actions’
9:00AM Sean Fallon | IBM has begun notifying employees that layoffs or “resource actions” are coming. All in all, some 5000 employees, mostly from the Global Business Services division will be affected. [Digital Daily]
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Business
Apple Layoffs Confirmed, 50 Let Go (Updated)
10:54PM John Herrman | Valleywag’s Apple layoff rumours have apparently been confirmed by a source in Apple’s enterprise group: 50 jobs cut, all in sales. Update: According to Business Insider, an Apple spokesperson says this story is untrue. [VW] More »
Business
Possible Apple Layoffs Today?
3:11AM Jason Chen | Valleywag’s tipsters tell them that there could be slashes at Apple today, specifically in the sales departments. [Valleywag] More »
Business
Microsoft Firees Can Keep All Their Severance Pay
11:26AM Wilson Rothman | Microsoft watcher Ina Fried reports that the company won’t be taking back severance “overpayments”, even though it confirmed it did ask for them initially. The truth is, despite numbers reported in the thousands, only 25 people were overpaid, somewhere between $US4000 and $US5000, according to Microsoft HR head Lisa Brummel, who said about 20 more of those laid off were actually underpaid. Microsoft isn’t the only company to ever pay anyone too much then ask for it back, but Brummel says these were extraordinary circumstances, so they’re reversing their decision. Those who were underpaid will be getting the correct funds pronto. [CNet] More »
Business
Microsoft Cuts 1,400 Employees And Then Asks For Severance Package Refunds
3:43AM Jack Loftus | What’s the best way to create an HR firestorm in three easy steps? If you’re Microsoft, layoff 1,400 employees, give them severance on the way out, and then ask for part of it back. More »
Business
Panasonic Orders 10,000 Employees To Buy Panasonic Gadgets
8:00AM Jason Chen | In addition to cutting 15,000 jobs, Panasonic’s all but ordering another 10,000 employees who didn’t get axed to buy Panasonic electronics. More »
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