14 posts and columns on employment

Exclusive: Skype Employees Were Briefed in Plain English — The Internal Equity Incentive Plan Deck

in News on June 28, 2011 at 1:14 pm PT

What did Skype employees know and when did they know it? A lot, if you’re reading this “Equity Incentive Plan” deck, which clearly outlines what happens to “good leaver” and bad leaver” execs.
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Microsoft-Facebook Tiff Over Ad Talent Raid Downgraded to "Disappointed" (With a Side of Settlement)

in News on April 4, 2011 at 10:14 am PT

While Facebook should not be expecting big bouquets of love from its partner and investor Microsoft, at least it’s not going to be getting legal brickbats either. According to sources close to the situation, the pair have settled a dispute over the Silicon Valley social networking site’s talent raid of Microsoft’s head of global ad sales, Carolyn Everson, for a similar job at Facebook.

Massive Layoffs Expected at Nokia

in News on February 11, 2011 at 7:02 am PT

Nokia’s decision to make Microsoft’s Windows Phone 7 OS its primary smartphone platform is a bold move. It’s also one that presages a tough next couple of years for the Finnish company and significant layoffs.
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U.S. Tech Job Growth Was Strongest in…Oklahoma City?

in Enterprise on December 9, 2010 at 7:00 am PT

The TechAmerica Foundation’s annual Cybercities report covering the state of America’s local technology job markets for 2009 (the most recent data available) paints–as you might expect–a depressing picture in all but a few of the markets surveyed.

Google's 2010 M&A Bill: $1.6 Billion and Counting

in Media on October 29, 2010 at 2:25 pm PT

Google has spent at least $1.6 billion buying 40 companies during the first nine months of 2010. If you assume the previously announced ITA deal goes through this year, you can tack on another $700 million.

Departing Sun Co-Founder to Employees: “Kick Butt and Have Fun!”

in News on January 26, 2010 at 3:10 pm PT

With European Commission approval of its $7.4 billion buyout by Oracle in hand, Sun’s leadership is saying its goodbyes. Last week, we heard from Sun CEO Jonathan Schwartz, who–as I reported yesterday–will soon resign his position. Today, it’s Sun co-founder Scott McNealy who is bidding farewell. Sources close to the company tell me that he too will leave Sun following the close of Oracle’s $7.4 billion buyout. His all-hands memo to employees after the jump.

Career Advice: Stay Away From Chip Making, Wired Phone Service…And Newspapers

in News on December 15, 2009 at 2:44 pm PT

Planning a new career? Before making a decision, you might want to take gander at a list published a few days ago by the Bureau of Labor Statistics on the 10 industries likely to see the largest employment decline over the next decade. I mention this here on the TTD blog because it includes several entrants with direct bearing on the tech industry.

Sorry, Confidential Corporate Data Are Not Part of Your Severance

in News on November 24, 2009 at 6:30 am PT

Here’s a data point to consider amid the tech sector’s continuing job cuts. According to a new study by Cyber-Ark, many employees leaving their jobs aren’t above adding a little something to their separation packages: Confidential corporate data.
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Welcome to 1945…

in News on January 9, 2009 at 6:35 am PT

The market was expecting the worst in the government’s latest monthly employment report and it was not disappointed. “Job losses were large and widespread across most major industry sectors,” the U.S. Department of Labor’s Bureau of Labor Statistics reported Friday. The U.S. economy lost 524,000 jobs in December, closing out the worst year for job attrition since World War II, according to the BLS. Total job losses for 2008: 2.6 million, the largest decline since 2.750 million jobs were lost in 1945. A 16-year high. Congratulations, folks….

Piper Sees ’09 E-Commerce Down 10 Percent; Online Ads Up 2 Percent

in News on December 4, 2008 at 11:27 am PT

Gene Munster of Piper Jaffray cut estimates on 33 Internet companies today. He claims that it’s due to the “significant deterioration in the economic and consumer spending outlook.” Well, at least people are saving a little money. Munster sees e-commerce spending down 10 percent in the coming year, and online advertising up just two percent.

The Papermaster Chase

in News, October 31, 2008 at 10:11 am PT