Tag: LAYOFFS

Share Text messages are great for conveying quick, easy information -- movie times, limericks, racy photos. Other topics of discussion, though, are far too delicate for clumsy thumbs, or awkward SMS shorthand. Firing someone is one such topic. Shane Bolsher, 39, had spent just under a year working as a manager at Fife Fine Foods in Leicestershire, U.K., before getting axed last weekend -- ...

If you're worried that your employer might be going belly up, check your e-mail. According to a report from New Scientist, companies facing economic struggles experience a boom in e-mail frequency about a month before they close up shop, a new study done at the Florida Institute of Technology claims. Researchers Ben Collingsworth and Ronaldo Menezes studied e-mail logs obtained by the Feds after ...

Jay Leno loves cars and owns over 80 of them. When he voices an opinion on the matter, we tend to listen, so it was good to hear him talk about the much-hyped Chevrolet Volt. Leno, who performed a free comedy show at the Palace of Auburn Hills in Detroit this past Monday, also got a chance to test drive the Volt. After his visit, Leno had this to say to the Detroit News about the floundering ...

It's easy to listen to the news and feel like we've heard the same things over and over again. Yeah, the economy's bad, the bank bailouts are ridiculous, the unemployment rate is through the roof -- we know it and it sucks, but it's easy to feel desensitized because we've heard it all so much. Enter LAYOFF, a Flash-based online game that not only gives you a visual representation of the ...

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 ...

Bad news Kuro fans, the rumors were true and Pioneer is leaving the TV manufacturing business. On the upside, the restructuring deadline is March 2010, so a predicted net 130 billion yen ($1.44 billion) loss shouldn't be enough to get between you and the plasma HDTV of your dreams. The company's U.S. and U.K. plants are shutting down by April and February of this year, respectively, and product ...

It wasn't that long ago that Monday mornings in the office were a depressing time -- another cheerful weekend gone; another long week of work ahead. But, these days, being in the office on a Monday is a good thing, because if your login still works you've survived another scary layoff Friday. Spare a thought, then, for those whose system access has been cut off, including 1,300 from Sun (the ...

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 ...

To be honest, we were surprised that we didn't hear this number along with the other doom and gloom professed during Motorola's Q3 earnings call, but the writing was very clearly on the wall. As part of the mentioned $800 million expenditure cut planned for 2009, 3,000 (more) of Moto's employees will be looking for work elsewhere. According to an unnamed spokeswoman, a "little over two-thirds of ...

Google, the Internet company that seemingly can do no wrong nor make any missteps, is preparing to engage in one of the most time-honored and well-practiced activities of the Web era: the layoff. 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 ...

Polaroid Corp., which introduced its first instant camera in 1948, is officially getting out of the instant film business, announcing today that once it produced enough film to last through 2009 it would shutter its last facility that makes the iconic develop-as-you-watch prints. Like other companies long successful and entrenched in the film-making business, Polaroid has had its ups and downs in ...