Here’s a data point to consider amid the tech sector’s mounting job cuts.
According to a new study by the Ponemon Institute, many employees leaving their jobs aren’t above adding a little something to their separation packages: confidential corporate data.
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The market was expecting the worst in the government’s latest monthly employment report and it was not disappointed. “Job losses were large and widespread across most major industry sectors,” the U.S. Department of Labor’s Bureau of Labor Statistics reported Friday. The U.S. economy lost 524,000 jobs in December, closing out the worst year for job attrition since World War II, according to the BLS. Total job losses for 2008: 2.6 million, the largest decline since 2.750 million jobs were lost in 1945. A 16-year high. Congratulations, folks….
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Apple’s efforts to build its own chip development brain trust out of its acquisition of PA Semi have run afoul of IBM. Mark Papermaster, a 26-year IBM veteran and vice president of its Blade Development unit–a division that designs corporate data centers, plans to take a new job with Apple in early November, and Big Blue is doing its damndest to stop him. The company has filed suit against Papermaster, claiming his noncompete agreement with IBM prohibits him from taking a job with Apple.
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