Home › Forums › Financial Markets/Economics › Where the Layoffs Are—Is Your Firm on the List?
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joec.
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March 9, 2009 at 3:25 PM #363445March 9, 2009 at 8:02 PM #363087
CoronitaParticipant[quote=sd_bear][quote=flu]Heard through the grapevines Sony last week just announced they are shutting down TV operations here in SD and moving it all back to Japan in a few months.
Don’t know if that means the entire Sony campus or not, but I imagine that it means a good percentage.
Hang in there folks.[/quote]
Just talked to my friend who works in that department there and he says he’ll very likely be out of a job June 1st.[/quote]
Confirmed.
March 9, 2009 at 8:02 PM #363379CoronitaParticipant[quote=sd_bear][quote=flu]Heard through the grapevines Sony last week just announced they are shutting down TV operations here in SD and moving it all back to Japan in a few months.
Don’t know if that means the entire Sony campus or not, but I imagine that it means a good percentage.
Hang in there folks.[/quote]
Just talked to my friend who works in that department there and he says he’ll very likely be out of a job June 1st.[/quote]
Confirmed.
March 9, 2009 at 8:02 PM #363532CoronitaParticipant[quote=sd_bear][quote=flu]Heard through the grapevines Sony last week just announced they are shutting down TV operations here in SD and moving it all back to Japan in a few months.
Don’t know if that means the entire Sony campus or not, but I imagine that it means a good percentage.
Hang in there folks.[/quote]
Just talked to my friend who works in that department there and he says he’ll very likely be out of a job June 1st.[/quote]
Confirmed.
March 9, 2009 at 8:02 PM #363571CoronitaParticipant[quote=sd_bear][quote=flu]Heard through the grapevines Sony last week just announced they are shutting down TV operations here in SD and moving it all back to Japan in a few months.
Don’t know if that means the entire Sony campus or not, but I imagine that it means a good percentage.
Hang in there folks.[/quote]
Just talked to my friend who works in that department there and he says he’ll very likely be out of a job June 1st.[/quote]
Confirmed.
March 9, 2009 at 8:02 PM #363680CoronitaParticipant[quote=sd_bear][quote=flu]Heard through the grapevines Sony last week just announced they are shutting down TV operations here in SD and moving it all back to Japan in a few months.
Don’t know if that means the entire Sony campus or not, but I imagine that it means a good percentage.
Hang in there folks.[/quote]
Just talked to my friend who works in that department there and he says he’ll very likely be out of a job June 1st.[/quote]
Confirmed.
March 9, 2009 at 8:59 PM #363138SD Transplant
ParticipantIBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”March 9, 2009 at 8:59 PM #363428ParticipantIBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”March 9, 2009 at 8:59 PM #363582ParticipantIBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”March 9, 2009 at 8:59 PM #363621ParticipantIBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”March 9, 2009 at 8:59 PM #363730ParticipantIBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”March 9, 2009 at 9:24 PM #363163CoronitaParticipant[quote=SD Transplant]IBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”[/quote]
Fortunately, IBM doesn’t really have a significant presence in SD, short of some Sales Engineer and Consultants.
March 9, 2009 at 9:24 PM #363454CoronitaParticipant[quote=SD Transplant]IBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”[/quote]
Fortunately, IBM doesn’t really have a significant presence in SD, short of some Sales Engineer and Consultants.
March 9, 2009 at 9:24 PM #363608CoronitaParticipant[quote=SD Transplant]IBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”[/quote]
Fortunately, IBM doesn’t really have a significant presence in SD, short of some Sales Engineer and Consultants.
March 9, 2009 at 9:24 PM #363646CoronitaParticipant[quote=SD Transplant]IBM confirmed more or less about 4,600 layoffs….here are some details:
“Technology giant IBM is resorting to “scattered layoffs” and the total could be nearly 4,600 employees in North America even though the company has reported surprisingly strong quarterly profits in January, a media report says.
“Big companies also routinely carry out scattered layoffs that are small enough to stay under the radar… And IBM is one such company,” the New York Times said.
Interestingly, after reporting strong quarterly profits in January, its Chief Executive Samuel J Palmisano in an e-mail message to employees said that while other companies were reducing jobs, his company would not. “Most importantly, we will invest in our people,” he wrote.
But the next day, the New York Times said, “More than 1,400 employees in IBM’s sales and distribution division in the United States and Canada were told their jobs would be eliminated in a month. More cuts followed, and overall, IBM has told about 4,600 North American employees in recent weeks that their jobs are vanishing.”
Quoting J Randall MacDonald, IBM’s senior vice-president for human resources, the newspaper said, “It was routine for the company to lay off some employees while hiring elsewhere.”[/quote]
Fortunately, IBM doesn’t really have a significant presence in SD, short of some Sales Engineer and Consultants.
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