IntelliCare Inc., a telemedicine company in South Portland, which was once considered a rising tech company, will close by the end of February.
IntelliCare, which is owned by Medco Health Solutions of New Jersey, will eliminate most of its 250 jobs, retaining only 35 to 50 people to work remotely for Medco, according to the Portland [...]
Of course, you have to print on your own printer at home…
Founded in 1982 and at times so rich with ads its issues reached as many as 600 pages, Ziff Davis’s PC Magazine will issue its last print edition this January, thereafter becoming an online-only publication. Ziff Davis, which recently exited bankruptcy will lay off [...]
That is like a small city at this point. How can we realize our science fiction fantasy or allegiance to corporations instead of nation states if these companies keep trashing jobs? Please don’t let the nation of Walmart be the only option!
Fallout from the financial crisis is walloping the people on Wall Street who created [...]
The only positive thing I ever hear about Sprint is that they have reasonable data services. I’ll stick with Verizon, thanks.
In a move similar to what Dell is currently offering its employees, Sprint is also giving employees the option to voluntarily leave the company. While Sprint hasn’t announced anything officially, layoffs have certainly followed voluntary [...]
Nokia Siemens Networks will lay off 1,250 employees in Finland and Germany as part of a previously announced cost-cutting plan. The cuts bring the total to 7,250 workers sacked since June 2006. (CircuitAssembly.com)
Holy shit….DHL doesn’t deliver domestically and USPS is firing 40,000!
“We lost 2 billion dollars and like any other business we have to stay afloat.” And to keep from sinking, the United States Postal Service is considering cutting thousands of jobs nationwide. Lavelle Pepper with the post office in Shreveport says they too are feeling [...]
Deutsche Post AG is planning a cost-cutting program that could result in thousands of layoffs at its cargo shipping firm DHL, a German newspaper reported Sunday. (MarketWatch)
Additional reductions at AMD…
Advanced Micro Devices (AMD) plans to lay off 500 staff, the second round of job cuts to come from the company this year.
“We can confirm a worldwide reduction of 500 positions across various departments, levels and locations,” AMD spokesman Mike Silverman said in an e-mail. Most of the affected employees were notified [...]
Fidelity Investments said Thursday it will cut nearly 1,300 jobs this month, with more layoffs to come early next year, in response to declining markets that have eroded mutual fund assets along with the fees Fidelity earns from its core business.
Layoff notices will go out to about 2.9 percent of Fidelity’s overall work force of [...]
Cisco warns of pending shortfall in earnings due to spending pressure in the tech sector.
Cisco Systems Inc., the world’s largest maker of computer networking gear, warned Wednesday that orders fell off abruptly in October and projected a large fall in sales in the current quarter. Its shares slid in after-hours trading.
Cisco reported flat earnings for [...]
