Jan 15, 2009

Layoffs - The worst fear is here and is real

Layoffs - The worst fear is here and is real

With the global economy sinking day by day, Its not letting any industry and the eminent cost cutting is resulting in large scale layoffs. People are fearing of job loss and more over rumors are giving them sleepless nights. Below are some data about companies layoff statistics collected from various sites.

.

BroadSoft

10/24/2008

about 12

GigaOM: BroadSoft cuts jobs as sales slow

.

Xerox

10/23/2008

3000

Xerox to cut 3,000 jobs

.

Avid Technology

10/23/2008

500

Form 8-K: Results of Operations and Financial Condition...

.

Break.com

10/23/2008

11 of 80

Break.com lays off 11

.

SanDisk

10/22/2008

TBA

SanDisk layoffs in the works

.

ManiaTV

10/22/2008

20 of 70

NewTeeVee: ManiaTV lays off 20, to reduce original content

.

iMeem

10/22/2008

25% of 80

Imeem jumping on the layoff bandwagon

.

Mahalo

10/22/2008

10%

Calacanis.com: Tough times, hard decisions

.

HP

10/22/2008

24600 over three years

HP to slash 24,600 jobs following EDS buy

.

Yahoo

10/21/2008

10% of ~14,300

Yahoo profit drops, layoffs coming

.

Ticketmaster

10/21/2008

35%

F***edStartups: TicketMaster.com laying off 35%

.

Comcast

10/21/2008

300

AP: Comcast to cut up to 300 jobs in eastern division

.

Manhattan Associates

10/21/2008

6.5%

Reuters: Manhattan Associates hit by slump

.

Softchoice

10/20/2008

6.5% of 958

Toronto Star: Softchoice cuts staff by 6.5 per cent

.

Veoh

10/20/2008

0

UPDATE: Layoffs at Veoh, or not?

.

Wikia

10/20/2008

3

UPDATE based on personal interview with Jimmy Wales

.

Autotrader

10/20/2008

69

Orlando Business Times: Autotrader to close call center

.

Texas Instruments

10/20/2008

possibly 300

TXCN: Hundreds face pink slips at TI

.

Sprint

10/17/2008

ongoing

KMBC-TV: Sprint plans 'gradual layoffs'

.

Jaxtr

10/17/2008

13

13 employees laid off at VoIP start-up Jaxtr

.

Zillow

10/17/2008

25%

Zillow lays off 25 percent of staff

.

SearchMe

10/17/2008

20%

Search engine startup SearchMe cuts 20 percent

.

Heavy

10/17/2008

14%

Downturn strikes again: Heavy lays off 14%

.

Lenovo

10/17/2008

50 in Morrisville, N.C.

WRAL: Lenovo to lay off 50 workers at Morrisville headquarters, more worldwide

.

MPC Computers

10/17/2008

200

Idaho Business Review: Details released on MPC job cuts

.

Hi5

10/16/2008

10-15%

No Hi5's today

.

Sirius XM

10/16/2008

50

Sirius XM makes cuts to XM in D.C.

.

Pandora

10/16/2008

20

Pandora cuts 20 employees

.

Adbrite

10/16/2008

40%

'Layoffs are not a statement about performance'

.

Actel

10/16/2008

10%

EE Times: Actel cuts 10% of workforce

.

Tesla Motors

10/15/2008

Detroit office

Automaker lays off Detroit office with blog post

.

SkyRider

10/15/2008

All

P2P start-up SkyRider has shut down

.

Appcelerator

10/15/2008

6

Tough times, tough decisions

.

Jive Software

10/14/2008

33%

Jive Software lays off 1/3 of staff

.

Redfin

10/14/2008

20%

Redfin blames economy in layoffs

.

Qimonda

10/13/2008

3000

Qimonda: Qimonda Announces Global Restructuring Program...

.

Seesmic

10/10/2008

7

Tough times. Tough decisions

.

Lulu

10/9/2008

24

Lulu cuts jobs as revenues slow

.

Micron

10/9/2008

15%

Micron to cut workforce by 15 percent, slash flash output

.

eBay

10/6/2008

1000

eBay buys Bill Me Later, lays off 1,000

.

Gawker Media

10/3/2008

14%

Gawker Media to lay off 14 percent of editoria

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