Former Microsoft Exec Pursuing New Opportunities at Nokia; Former Nokia President Just Pursuing New Opportunities

Looks like Nokia’s search for a new North American chief to succeed President Mark Louison has turned up a willing replacement: Former Microsoft executive Chris Weber.
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Sprint to Sack Up to 2,500

An ugly Monday for Sprint Nextel employees. The company plans to eliminate 2,000 to 2,500 positions in the fourth quarter as part of its effort to reduce labor costs by at least $350 million.
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Microsoft Starts the Layoff Machine Again With Thousands of Cuts: Steve Ballmer’s Memo to the Troops

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.
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Agilent To Cut Staff By 500; Also Trimming 300 Temps

Agilent Technologies just announced that it will reduce its headcount by 500, and its temporary workforce by 300. It will also begin to require temporary pay cuts and/or unpaid time off. The layoffs will save the company $65 million the pay cuts will save $100 million. Happy Holidays.