Archive for April, 2008

their earnings out of the water that is.  Big tech news of the week showed Microsoft 11% down and Apple with a record quarter.

This is unfortunate to see.  I prefer the Canadian call centers over those everywhere, including the U.S.

Stream has issued layoff notices to more than 140 employees after the west-end call centre lost one of its major clients.

The 144 “support professionals” were handed their layoff notices last Friday but they won’t take effect until June 11, said a Stream International official.

“These are individuals in the company that answer customer service calls and the reason for the layoff notices is that our Stream Belleville office was given notice from a client that they were eliminating Stream Belleville as a business partner,” Katherin Dockerill, senior vice-president of marketing and business strategy, said in an interview from Texas. (Intelligencer)

Just couldn’t think of a clever headline for this one:

Advanced Micro Devices announced Monday that it will lay off 10 percent of its workforce by the end of September. The company made the announcement in a pre-earnings release that warned first-quarter revenue will drop 15 percent from a year ago.

AMD is scheduled to release its quarterly earnings on April 17. CEO Hector Ruiz is likely to face a rough time that day as he explains the weak results to investors and analysts.

In its statement, AMD admitted, “The decrease is due to lower than expected sales across all business segments.” The cuts amount to 1,650 jobs, 10 percent of AMD’s 16,500 global workforce. (SciTech)