severence

RealNetworks Cuts 130, 7.5 Percent of Workforce

Peter Kafka in Media on December 4, 2008 at 1:10 pm PT

Next up on today’s layoff parade: RealNetworks, which is cutting 130 jobs, or 7.5 percent of the workforce. Standard explanation: The company is trying to “bring expenses in line with revenues in a time of economic turmoil.”

AT&T Announces Q4 Morale Reduction

John Paczkowski in News on December 4, 2008 at 5:34 am PT

AT&T joined the sad conga line of companies laying off workers, announcing on Thursday the elimination of 12,000 jobs. That’s roughly four percent of its workforce. The company cited “economic pressures, a changing business mix and a more streamlined organizational structure” as the rationale for the move.

AT&T Announces Q4 Morale Reduction

John Paczkowski in News on December 4, 2008 at 5:34 am PT

AT&T joined the sad conga line of companies laying off workers, announcing on Thursday the elimination of 12,000 jobs. That’s roughly four percent of its workforce. The company cited “economic pressures, a changing business mix and a more streamlined organizational structure” as the rationale for the move.