5 posts and columns on job losses

Comcast Not Really Feeling All That “Comcastic” Right Now

in News on May 29, 2009 at 12:13 pm PT

The econalypse and the job losses and lower housing starts it’s brought with it are having a nasty effect on Comcast’s bottom line. And according to CEO Brian Roberts, that’s not going to change any time soon. “It’s still a scary time,” he said in remarks at Sanford Bernstein’s 25th annual Strategic Decisions Conference in New York.
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eBay Plans Options Water Safety Course

in News on March 11, 2009 at 12:00 pm PT

Apparently, fear of a deepening recession alone isn’t enough to maintain tech worker loyalty these days–mounting job losses be damned. This week, Google repriced millions of employee stock options that had gone underwater as the company’s share price declined. Now eBay hopes to do the same. The reason: employee retention.
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Econalypto: A Rightsizing Roundup

in News on January 27, 2009 at 5:24 am PT

With IBM quietly contributing another 2,800 or so employees to the next Bureau of Labor Statistics Unemployment report, this seems like a fine time to pay respects to those who’ve gone before them. And there are many. In the past six months, thousands of workers have been right-sized and offboarded. Rebalanced and rationalized. “Smartsized.” Sacked. A quick scan of the carnage.

Reason for Leaving Last Job: Change and Renewal of Some Nokia Activities

in News on November 4, 2008 at 12:01 pm PT

Nokia is continuing its change and renewing of some of its activities, according to a statement from the company this morning–“change” being shorthand for restructuring, “activities” for layoffs.

Analyst: The Great Dark Times Cometh!

in News on October 3, 2008 at 5:19 pm PT

The financial markets’ descent into the maelstrom over the past several weeks is proving quite a test of faith for Collins Stewart analyst Sandeep Aggarwal. Last week he cut his estimates for Yahoo, citing the company’s deteriorating fundamentals. Since then he’s become increasingly dismayed by Wall Street’s continued collapse.