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 [...]
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 [...]
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 [...]
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)
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 [...]
Bloody Monday….we’d love nothing more than to see some folks hung up by their toenails for the financial irresponsibility that put this nation in a financial crisis.
JPMorgan Chase & Co. said Sunday that it would acquire troubled Wall Street firm Bear Stearns for a mere fraction of what it was once worth amid deepening fears [...]
The millions go so fast these days…
PodShow, the San Francisco-based online-video network best known for launching the career of CNET’s Natali Del Conte, is laying off about 20 employees, or as much as 30 percent of its staff. (ValleyWag)
“Molson Coors Brewing Company says it plans to eliminate up to 390 jobs and outsource the duties to Hewlett-Packard Company. The company says the cuts will be divided about evenly among the company’s three operating divisions: Coors Brewing Company in Golden, Coors Brewers Limited in England, and Molson Incorporated in Toronto.” (KRDO)
This one doesn’t look like it will have a happy ending for anyone other than the Bebo investors.
In an unexpected move, AOL has acquired social-networking site Bebo. The price tag: $850 million in cash.
Rumors had floated over the past few months that Bebo, which has over 40 million members, was up for sale. Reports suggested [...]
Say it isn’t so…
With its acquisition of Internet ad firm DoubleClick now approved by European regulators, Google is set to commence the full integration of this early Web success into its strategic and administrative system, which will likely include reducing the company’s size, at least where positions are redundant or deemed outside the Web giant’s [...]
