Thursday, January 22, 2009

Latest layoffs

[job_cuts_2009_jan.gif]



Microsoft: 1400 end of January, and 5000 in 18 months
AMD: 1000
GE: 7,500 - 11,000
Boeing: 10,000 (01/28/2009 increased to 10,000)
Starbucks: 6,700
Allstate: 1,000
AOL: 700
Abbott: 200
JBL: 3,000
Nissan: 110

Wednesday, January 14, 2009

Apple's Steve Jobs take medical leave

Apple Inc chief and tech visionary Steve Jobs will take a leave of absence till end-June because of health problems "more complex" than thought, backtracking on reassurances, stunning investors and sending its shares skidding 10 percent on Wednesday.