Kara Swisher in News on April 5 at 3:13 pm PT
Who knows what tomorrow brings, in a world few hearts survive?
Kara Swisher in News on April 4 at 6:22 am PT
CEO Scott Thompson promises that Yahoo, after staff cuts of 14 percent of the entire workforce, will be “smaller, nimbler, more profitable and better equipped to innovate as fast as our customers and our industry require.”
Arik Hesseldahl in News on November 3, 2011 at 2:43 pm PT
After reporting record-setting quarterly results, NetSuite CEO Zach Nelson talks about the the state of the cloud business and what he likes about competing with SAP.
Kara Swisher in News on October 19, 2010 at 2:12 pm PT
Here we go with the Yahoo third-quarter earnings call starring CEO Carol Bartz, who has some–in the immortal words of Ricky Ricardo–
‘splaining to do.
Yahoo turned in a much-needed solid quarterly earnings report, with slightly better-than-expected earnings, although still weak revenues.
CEO Carol Bartz sounded subdued and very much on script.
Probably a good idea, considering!
John Paczkowski in News on June 7, 2010 at 6:00 am PT
“We’re not cutting Sun to profitability, we’re growing Sun to profitability.” Oracle CEO Larry Ellison said that back in January as the company closed its $7.4 billion acquisition of Sun. Interesting, then, to read Oracle’s latest 8-K filing in which the company adds up to $825 million in restructuring costs to the buyout–some 80 percent of them evidently earmarked for employee severance payments at Sun’s European and Asian outposts.
John Paczkowski in News on June 1, 2010 at 8:39 am PT
Hewlett-Packard currently has about 304,000 employees worldwide. Three years from now it will have 301,000. The company today said it will reduce its employee roster by 3,000 employees, or one percent of its workforce, over the next few years. Nine thousand workers will lose their jobs, with 6,000 new ones to be hired in the same period.
John Paczkowski in News on April 1, 2010 at 4:30 am PT
“Simplify, restructure and grow.” That’s the new internal mantra inside RealNetworks and the one under which the company continues to cut jobs. On Thursday, Real said it would sack another four percent of its work force, about 60 employees.
John Paczkowski in News on February 4, 2010 at 10:30 am PT
Well, this is encouraging. Cisco Systems, which on Wednesday reported a dramatic year-over-year jump in sales and profit, is hiring up. The company increased its global workforce by about 2,100 in its second quarter. And it plans to add between 2,000 and 3,000 employees in the third and fourth.
John Paczkowski in News on January 15, 2010 at 7:15 am PT
Oracle’s $7.4 billion acquisition of Sun will undoubtedly be followed by at least a few layoffs, but as much as half the company’s workforce? Not a chance, says Sun, which issued an all-hands memo reassuring employees that a recent report from UBS suggesting Oracle might sack 13,800 Sun staffers when the deal finally closes is off the mark–way off the mark.
John Paczkowski in News on November 25, 2009 at 6:01 am PT
With Sun Microsystems beginning to founder as it awaits European Commission clearance of its acquisition by Oracle, a group of U.S. senators is urging the European Commission to speed up its approval of the deal. In an open letter, the group essentially tells European regulators to “get on with it,” warning that further delay could result in additional layoffs at Sun.
