Tag: LAYOFF

We've all heard the news about layoffs -- the daily grind of corporate downsizing that has started to sound like the background noise of a failing economy. The majority of corporations are giving their laid-off people some sort of severance package to help tide them over, at least for a few weeks, but a new survey is showing that most workers are doing something to take care of themselves: ...

If you've suffered the injustice of an unexpected layoff from your employer during these tough times, then our thoughts are with you. Even those of us who haven't lost our jobs have been affected somehow, and, sadly, Microsoft is doing its best to make sure that some of its former workers are more impacted than others. The company has sent letters to numerous laid-off people, indicating that ...

Rumor has it that one of the victims of Microsoft's first major layoffs will be the company's long running 'Microsoft Flight Simulator' series. The venerable flight sim has been in constant development since 1982, making it Microsoft's oldest property. But word from gaming site Gamasutra is that many of the jobs being cut are at the ACES game studio, home of the flight simulation series. We're ...

A new report from Fudzilla claims that Microsoft is getting ready to lay off 15,000 employees, or about 17-percent of its worldwide staff. The axe will apparently fall on January 15th, exactly one week before its second quarter earnings report, and they expect MSN division to be hit hardest, while the successful Xbox crew will probably make it out relatively unscathed. Meanwhile, an anonymous ...

AT&T may have about the best selection of choice handsets (smart or otherwise) available in the States right now, and continued iPhone exclusivity has definitely brought a windfall of new subscribers to its wireless division, but Ma Bell wasn't built on cell towers alone. There's still an extensive landline division to support, and it seems the company is leveraging the current economic ...