Saving Jobs to Stay Ahead

Cristóbal Conde knows adversity. His family fled Chile following a 1973 coup because his father, a university professor, feared the new military rulers. On Sept. 11, 2001, Mr. Conde was visiting an investor on the 32nd floor of the south tower of the World Trade Center, but escaped unhurt.

So the 49-year-old CEO of SunGard Data Systems Inc. is not rattled by the recession. He says he’s more concerned about how the information-technology company will fare during an economic recovery.

In mid-2008, he told lieutenants to minimize layoffs of programmers, so SunGard could continue to generate new products. Mr. Conde says the costly bet contributed to SunGard’s sharply higher net loss for the first nine months of this year.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »