Kara Swisher in News on December 15, 2010 at 9:19 am PT
It’s Yahoo, it’s BoomTown and so it’s an internal email memo from CEO Carol Bartz to staff about the employee layoffs at the Silicon Valley Internet giant yesterday.
Said Bartz after the firing of four percent of the workforce of the Silicon Valley Internet giant: “You’ve heard me say before that I didn’t come to cut Yahoo! to greatness. That’s still true.”
John Paczkowski in News on December 14, 2010 at 10:03 am PT
A colder, more brutal winter than usual for Nokia’s Finnish workforce. The company is sacking 800 employees in its home market.
Arik Hesseldahl 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.
Kara Swisher in News on November 11, 2010 at 2:40 pm PT
Yahoo is indeed preparing to lay off employees, in a reduction in force that will be done in December.
But the layoffs, first reported in TechCrunch, will be closer to 10 percent and be almost completely centered on the product organization under Chief Product Officer Blake Irving, said sources close to the situation.
Voices
Ben Horowitz, Co-founder and General Partner, Andresseen Horowitz in News on October 8, 2010 at 4:22 pm PT
Recently, my old company Hewlett-Packard has been in the news–and not in a good way. I’ve been watching the coverage from the sidelines up to this point, but felt increasingly compelled to join the conversation and share my point of view. So here goes.
Kara Swisher in News on September 7, 2010 at 8:10 am PT
Last Friday, former Google China head Kai-Fu Lee dialed up BoomTown from that country for a chit-chat interview about his life since leaving the search giant one year ago and plunging into the world of incubation, recruiting and early-stage funding for start-ups there.
Being president of Google’s China operations is far different from being CEO of Innovation Works, which just celebrated its first anniversary and, of course, is trying to create the next Google.
Peter Kafka in Media on March 26, 2010 at 6:55 am PT
So you used write for a newspaper and now you’re out of work? Odds are, you’re going to have to find something else to do.
But some of you may be able to transform yourselves into one-person news factories, says NewsLabs’ Paul Biggar.
Peter Kafka in Media on March 16, 2010 at 5:45 am PT
Want to make money? Become a former AOL executive. The Web publisher paid out $28.4 million in cash and stock to four top executives it replaced last year. It will pay some of them millions more this year.
Peter Kafka in Media on February 11, 2010 at 12:52 pm PT
Veoh, one of several well-funded start-ups that have tried and failed to cash in on the Web video boom, is finally calling it quits. The company let go of the remainder of its workforce yesterday, and sources say it plans on filing for Chapter 7 bankruptcy protection in the near future.