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Wednesday Mar 10

Archive for March, 2008

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Mar
31/08
The dude jokes are getting old
Last Updated on Monday, 31 March 2008 07:52
Written by admin
Monday, March 31st, 2008

Maybe they should do an advertising push for their Ubuntu line…

Dell (DELL) said Monday it plans to save as much as $3 billion over the next three years as it cuts costs and lays off more workers.

The world’s No. 2 computer maker said it will close its desktop manufacturing facility in Austin, Texas.

Round Rock, Texas-based Dell is also reaffirming its plan — announced last year — to cut at least 8,800 jobs, or about 10% of its workforce. In the last nine months of fiscal 2008, the company cut 3,200 jobs.  (USA Today)

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Mar
26/08
C N E T…that spells "has been"
Last Updated on Wednesday, 26 March 2008 07:13
Written by admin
Wednesday, March 26th, 2008

Like this one was a surprise…

Online media company CNET Networks Inc said on Wednesday it will eliminate 120 jobs, or about 10 percent of its staff, in a restructuring to help it focus on long-term growth amid complaints from some investors.

CNET expected pre-tax restructuring charges from the job cuts to run between $3.5 million and $4 million, most of which will be taken in the first quarter of 2008. (Reuters)

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Mar
26/08
You can't get their from here
Last Updated on Wednesday, 26 March 2008 08:51
Written by admin
Wednesday, March 26th, 2008

At least not with SiRF:

In spite of the current state of the U.S. economy, any number of market analysts and researchers tout the ongoing, near-term strength of consumer demand for personal navigation devices (PNDs) and other GPS technology. But SiRF Technology is telling a different story.

SiRF today said it was lowering its revenue forecast for the current quarter, its fiscal first quarter (Q1) which ends this month, and would lay off approximately 7 percent of its workforce, or about 50 people. The company had forecast revenue between $71 million and $77 million for Q1; now it anticipates that revenue will come in between $60 million and $62 million. (GPS World)

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Mar
25/08
Grin and Bear it
Last Updated on Tuesday, 25 March 2008 04:54
Written by admin
Tuesday, March 25th, 2008

Expected and unavoidable at this point.

Bear Stearns buyer JP Morgan won’t waste any time eliminating “redundancies,” the Post says–and this could mean the firing of up to 7,000 Bear folks (half of the place) as soon as this week. (Alley Insider)

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Mar
21/08
Do laid off employees get to list themselves for free?
Last Updated on Friday, 21 March 2008 05:51
Written by admin
Friday, March 21st, 2008

Trouble at eBay.  Indicators of more to come.

Internet auctioneer eBay Inc. (EBAY) on Thursday said it had cut less than 1% of its global workforce as part of an internal reorganization designed to make the company’s services easier to use.

The 125 job cuts in the U.S, Belgium, Spain and Austria were part of an effort to centralize some customer support, finance and legal functions and were not aimed at cutting costs, said eBay spokesman Jose Mallabo. Despite the job cuts, eBay said it was still working to increase its workforce of 15,500 employees. (CNN)

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