cost structure

HP Beats Estimates, Raises Outlook

John Paczkowski in News on February 17, 2010 at 1:50 pm PT

“Hewlett-Packard is our favorite name for this next batch of earnings reports,” Credit Suisse analyst Bill Shope wrote in a research note published last week. Today we found out why. After market close, the tech bellwether posted financials that exceeded analysts’ estimates.

Tim Armstrong Makes One Last Pitch for AOL: “No More Hail Marys”

Peter Kafka in Media on December 9, 2009 at 10:15 am PT

AOL is about to cut ties to Time Warner, and CEO Tim Armstrong has been making his case to current and potential investors. Here’s one last pitch, delivered to the crowd at the annual UBS Media and Communications Conference in New York.

Microsoft Sacks 800 [UPDATED]

John Paczkowski in News on November 4, 2009 at 4:58 am PT

“We are mostly but not all done” with layoffs. So said Microsoft CEO Steve Ballmer in May at the start of a second round of cuts that claimed the livelihoods of some 3,000 employees. Now, six months later, the company is finishing the job. Sources tell TechFlash that Microsoft will make additional job reductions this week–beginning as early as today.

Microsoft Starts the Layoff Machine Again With Thousands of Cuts: Steve Ballmer’s Memo to the Troops

Peter Kafka in Media on May 5, 2009 at 7:45 am PT

Here comes the second round of layoffs at Microsoft, following a first round that started in January. Today’s cuts will likely end up costing about 3,000 workers their jobs. Microsoft had previously warned that it would cut up to 5,000 jobs by 2010. The good news, says CEO Steve Ballmer: The newest round means “we are mostly but not all done” with layoffs. Here’s Ballmer’s memo to the troops.

Agilent "Resizes" Employee Paychecks… to Zero

John Paczkowski in News on March 26, 2009 at 9:40 am PT

Black Thursday fell on more than just IBM today. Agilent also announced layoffs this morning. The company plans to sack 2,700 employees–14 percent of its workforce.

Agilent “Resizes” Employee Paychecks… to Zero

John Paczkowski in News on March 26, 2009 at 9:40 am PT

Black Thursday fell on more than just IBM today. Agilent also announced layoffs this morning. The company plans to sack 2,700 employees–14 percent of its workforce.

eBay Workforce High Bidder in Pink Slip Auction

John Paczkowski in News on October 6, 2008 at 7:23 am PT

The hammer has fallen at eBay. This morning the online auctioneer sacked about 1,000 permanent employees and a few hundred temps, about 10 percent of its workforce. That’s a bit less than the 1,500 workers for whom the company was rumored to be writing up pink slips, but it’s substantial just the same.