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Archive for January, 2009

MS Layoff Rumors were true! + More Layoffs

Posted January 23rd, 2009 by Sidd | No Comments

So the Microdoft layoff rumors did turn out to be true. It was 5,000 layoffs instead of 15,000 but still a large number.
Intel is also laying off 6,000 and closing factories, Ericsson is laying off 5000 and AMD 1100
Google results were the only good thing to come out in recent days.

Google Layoffs

Posted January 16th, 2009 by Sidd | 1 Comment

Google announced on Wednesday that it will not renew any contracts and will also layoff 100 HR folk because it is slowing down recruiting.
Google, in a separate announcement, also said that it will close offices in Austin, Texas; Trondheim, Norway; and Lulea, Sweden.

Microsoft, IBM Layoff Rumors!

Posted January 7th, 2009 by Sidd | No Comments

The internet is abuzz with rumors that Microsoft is laying off 15,000 employees for the last couple of days. Microsoft’s unofficial word is that the rumors are “grossly exaggerated” and that it only plans to cut employees through attrition and non-renewal of contracts. Microsoft’s official word is that they “do not comment on rumors and [...]