Recent Posts Tagged With 'job cuts'

• Microsoft to layoff up to 5,000 jobs

  Posted on Thursday January 22nd, 2009 at 08:34 in finance, Microsoft, jobs, corporate, layoffs, msft, layoff, job cuts, job cut

  Just in, Microsoft plans to eliminate up to 5,000 positions over the next 18 months. The news follows an 11% drop in net income.  Revenue increased 2% to $16.63 billion (still not bad from my perspective, given the adoption issues with Vista, and wh...

• Dow Chemical to cut 5,000 full time jobs

  Posted on Monday December 8th, 2008 at 07:40 in finance, contractors, jobs, corporate, unemployment, layoffs, job loss, dow chemical, layoff, job cuts

  The AP announced recently, Dow Chemical to cut 5,000 jobs, close 20 plants.   That equates to 11% of the company’s total workforce.   We should change the name of the site to Why Jobs Get Cut … there have been so many job cuts recently....

• November 2008: Unemployment Up, 533,000 jobs lost

  Posted on Friday December 5th, 2008 at 10:39 in unemployment, november, layoffs, job loss, layoff, job cuts, job cut

  The most jobs lost in 34 years. This doesn’t even take into account the recent layoffs in December. According to November: Most jobs lost in 34 years, we’re in for one hell of a new year. While unemployed jumped to 6.7%, that is just shy ...

• Bank Of America may cut 30,000 jobs

  Posted on Thursday December 4th, 2008 at 10:26 in christmas, corporate, merger, layoffs, job loss, layoff, cnbc, bank of america, job cuts, job cut, merrill, bofa

  CNBC reported, Jobs Cuts in BofA-Merrill Merger May Reach 30,000. Now we’re adding Bank Of America to the list? Going to be some depressing Christmas parties out there. Take a look at some more depressing news from Seven Corporate Developments,...

• Credit Suisse to cut 5,300 jobs

  Posted on Thursday December 4th, 2008 at 07:49 in adobe, corporate, layoffs, job loss, layoff, fidelity, job cuts, credit suisse, job cut, wamu, washington mutual, at&t

  More job cuts (it just doesn’t stop) … at least this one isn’t only in the US.   Credit Suisse announced an additional 5300 jobs to be cut from its global workforce.  This comes after already losing 1800 jobs this year. That accou...

• Adobe announces layoffs, not attending Macworld

  Posted on Wednesday December 3rd, 2008 at 21:56 in apple, finance, adobe, corporate, twitter, macworld, expo, layoff, job cuts, job cut, tuaw, jobs lost

  Where’s FuckedCompany.com when you need it? In a press release announced on adobe.com, Adobe will be laying off roughly 600 full-time positions globally.   Adobe, a crucial partner in the realm of Apple, is not going to have a booth at Macworl...

• JP Morgan to cut 9,200 jobs at WaMu

  Posted on Tuesday December 2nd, 2008 at 09:29 in finance, bbc, layoffs, jp morgan, job cuts, job cut, wamu, washington mutual, jpmorgan

  We have been following the JP Morgan / WaMu story for a while (there should be some related links below). According to the BBC, JP Morgan Axes 9,200 jobs at WaMu. WaMu, Washington Mutual, was the largest US bank to fail.  It was sold by regulators t...

• Washington Mutual to layoff 1600 in San Francisco

  Posted on Friday November 21st, 2008 at 09:37 in finance, California, layoffs, bank failure, layoff, jp morgan, job cuts, wamu, washington mutual

  The Breakdown: Washington Mutual (WaMu) failed on September 29, 2008 Biggest bank failure in history Federal regulators seized operations and sold to JP Morgan WaMu cuts payroll by 13% in California 1600 call center jobs cut Another day, more layof...

• Could Citibank Fail

  Posted on Thursday November 20th, 2008 at 15:32 in finance, Failure, saudi arabia, corporate, citigroup, c, job cuts, bailout, citibank, wells fargo, wachovia, saudi prince

  The Saudi Prince has spoken, but it’s not enough to help Citigroup out of the downward plunge it is on.  Citibank opened 4% lower, but it got much worst as the day went one. Losing more then 26% to trade close the day at 4.71   Breakdown: Citiban...