layoffs
layoffs Articles
ThinkstockCisco Systems Inc. (NASDAQ: CSCO) managed to beat earnings, but shares were selling off on profit taking and on guidance after the news. On Wednesday evening, Cisco shares hit lower lows...
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courtesy of AOL, IncMaybe the era when firing people in public was acceptable has ended. Perhaps some executives can still get away with it. Clearly, Tim Armstrong of AOL Inc. (NYSE: AOL) took a...
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ThinkstockCorporate earnings are expected to be poor for the second quarter, perhaps the worst in three years, or the worst since the end of the recession. Each of these predictions has been made...
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ThinkstockThe number of jobs cut in the first six months of this year total 258,932, according to the latest report from outplacement firm Challenger Gray & Christmas. The total is 8.5% lower...
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courtesy of IBMInternational Business Machines Corp. (NYSE: IBM) is showing employees that the company must be one of the worst technology companies to work for, period! Reports are out that IBM is...
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ThinkstockCliffs Natural Resources Inc. (NYSE: CLF), a major producer of iron ore from mines in North America, Brazil, and Australia, has idled some of its North American ore production and will...
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We’ve noted already that Google Inc. (NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL) are defying today’s sell-off trend and that the search giant got an upgrade to ‘overweight’ with a $775 price...
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A report at The Wall Street Journal’s All Things Digital blog, cites several sources confirming that Yahoo! Inc. (NASDAQ: YHOO) will begin firing workers next week. The company employs about 14,000...
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When companies announce that they are going to lay off thousands of employees, it shouldn’t be any surprise that employee morale drops like a stone. So why do they do it other than for the most...
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