Add Adobe to the fast-growing list of tech companies sacking employees in November. In an 8-K filing today with the Securities and Exchange Commission, Adobe said it will cut nine percent of its workforce–approximately 680 jobs.
Ugly news. The end of Sun Microsystems as an independent company after 27 years is to be prefaced with a bloodletting. And a big one too. The company is sacking some 3,000 employees as it awaits the closing of Oracle’s planned $7.4 billion takeover.
If newspapers are suffering a death by 1000 cuts, the next 100 will be made at the New York Times. The company today announced plans to reduce its newsroom staff by eight percent by the end of 2009. Cuts will be made by buyout, but the company will resort to layoffs should its hand be forced.
Google announces Google Ventures, a $100 million venture capital fund. Plus, Bill O’Reilly on Twitter, layoffs at Sun and Microsoft kills Encarta. (Mar. 31)
Well, there’s one thing on the rise amid this declining economy: job cuts.
The technology industry was supposed to cut 180,000 jobs in 2008; instead it cut 186,955–up 74.2 percent from the 107,295 job cuts recorded in 2007. That’s the dismal word from recruitment outfit Challenger, Gray & Christmas, which helpfully notes that this is the largest industry workforce reduction since 2003, when tech suffered 228,325 layoffs.
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.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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