AT&T is “shifting headcount to areas where the customers are”–literally. This morning, the telecom sacked about 4,650 employees, trimming its workforce by about 1.5%. The cuts were made across the company and, according to AT&T spokesman Walt Sharp, are not an indication of weakness in the business.
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Advanced Micro Devices (AMD) was right. It didn’t quietly shed 5% of its work force in mid-March. How could it when it was busy preparing to shed twice that number in April?
This afternoon AMD said it will lay off 10% of its work force, or about 1,600 employees, by the third quarter of 2008 in [...]
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Sounds like search outfit Ask is having a bit of, ahem, engine trouble. Employees tell Valleywag that the company is buzzing with talk of layoffs. And now come reports that Ask proprietor InterActiveCorp (IACI) may soon scrap Teoma, the engine that powers the company’s search. “There is indeed a big shake-up coming,” a company insider [...]
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Our outlook contemplates a workforce realignment of approximately 1,000 people that we will be implementing in mid-February.”
–Yahoo CFO Blake Jorgensen
The streets outside Yahoo’s Sunnyvale, Calif., headquarters will soon be running purple with the blood of the “realigned.” The company will begin handing out pink slips today to the roughly 1,000 employees worldwide whose jobs [...]
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EarthLink will have several hundred fewer jobs to offshore come tomorrow. This afternoon, the struggling Internet service provider announced plans to sack 900 employees–about half its workforce–as part of a broad corporate restructuring that will shutter company offices in San Francisco; Orlando, Fla.; Knoxville, Tenn.; and Harrisburg, Penn. “While we see this as an [...]
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