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, [...]

Shouldn’t they be focusing on the 3G iPhone?

AT&T will cut roughly 1.5 percent of its workforce, primarily among its management ranks, according to a filing Friday with the Securities and Exchange Commission.
The move is part of its “next step in streamlining its operations,” following its acquisitions of several regional companies in recent years. AT&T expects [...]

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 [...]

Haven’t seen any confirmation of this yet, but it seems inevitable none-the-less.
Bad news for San Francisco based ecommerce site Red Envelope, an “upmarket online retailer with the primary goal of making gift giving easy and fun”: it’s about done. The company’s market cap is just $2.95 million even though it has cash on hand of [...]

Deeper cuts ahead
Dell plans to cut deeper into its workforce than the already announced layoffs of 8,800 people, according to news reports.
The company is hosting a briefing with financial analysts at its Round Rock, Texas, headquarters on Thursday at which CEO Michael Dell discussed its layoff plans. (CNET)

There are going to be only a handful of handset manufacturers in the future (Nokia, SE, Apple, and RIM).   Trouble ahead for everyone else.
Motorola took another hit Thursday in announcing, through a filing with the Securities and Exchange Commission, that it will lay off 2,600 employees. As a result, it will take a $104 million [...]