Whatever does not kill us will make us stronger. That’s the view of IBM CEO Sam Palmisano, who says the recession will not do to Big Blue what it is doing to so many others. In an exuberant letter to shareholders today, Palmisano wrote that IBM will not cower before the current economic turmoil.
If no mention of layoffs was made during IBM’s reporting of its fourth-quarter results it’s not because the company hadn’t been planning them. IBM sent layoff notices to a number of employees last week–just one day after reporting a 12 percent gain in fourth-quarter earnings and issuing an encouraging financial outlook for 2009. And according to reports, the company is eliminating about 2,800 jobs in North America–mostly in its sales and software units.
The hammer has fallen at eBay. This morning the online auctioneer sacked about 1,000 permanent employees and a few hundred temps, about 10 percent of its workforce. That’s a bit less than the 1,500 workers for whom the company was rumored to be writing up pink slips, but it’s substantial just the same.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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