Strategies and Trends for Information Technology Leaders
In an SEC filing Tuesday, Sun Microsystems said it will cut up to 3,000 jobs in the next 12 months as it and Oracle await the European Commission’s approval of their proposed $7.4 billion merger. Oracle’s purchase of the software and server company was given a thumbs-up from the U.S. Department of Justice but the…
Firms in the United States technology sector announced planned job cuts totaling 84,217 in the first quarter, up 27% from 66,312 in the previous quarter. It was the largest quarterly job-cut tally for the sector since 2002, when 133,511 layoffs were announced in the fourth quarter, according to the report released Monday by global outplacement…
In this economy it is the lucky few managers who do not have to inform colleagues that their services are no longer needed. Most managers are having to layoff people they know and like; people, who through no fault of their own, must be set adrift on a very uncertain economic sea. This takes its…
Janco Associates has just released its January 2009 IT Salary Survey and the prospects look grim for IT professionals. A perfect storm driven by the recent worldwide economic downturn, company closures, layoffs, cost cutting, outsourcing, and retirees who have had to return to the job market because of the lost value of their investment portfolios…