Serena Software laid off several folks at its Hillsboro office this week, but the site still has about 200 employees and remains the company’s largest. Serena is a privately held company based in Redwood City that makes software to aid in IT management.
Source: OregonLive.com
Capgemini Energy LP, which is a venture of TXU Corp. and its subsidiaries and technology outsourcing company Capgemini America Inc., said in a warn letter filed in Austin last week that the company will lay off 85 employees, effective Nov. 1.
The jobs included in the cuts include senior analysts, project managers, test analysts, software engineers and other professional and management positions.
Source: Dallas Business Journal
Microsoft is laying off 27 employees in Redmond and Bellevue, according to the Washington State Employment Security Department.
The company said in January it was planning to eliminate 5,000 jobs over the next 18 months, while still creating 2,000 to 3,000 new jobs.
Source: The Seattle Times
British telecom giant BT’s plans to cut 2,000 call centre jobs in India to provide permanent positions for UK staff during the recession have taken a major hit, over worries whether British workers would put in the stifling hours.
Keeping the recession in mind BT, which had moved 5,500 call centre jobs to India in 2003, had said that it was preparing to repatriate the jobs.
Source: Rediff
Indian software industry association Nasscom says the U.S. Congress should consider changing laws to allow foreign workers in the United States for a limited amount of time. The proposed visa would not lead to immigration status or permanent residency.
Read full article: eWeek.com
Layoffs at IBM total more than 9,000 for the year.
According to leaked copies of the company’s internal “resource action” packages, total verifiable layoffs through Aug. 24 number 9,298.
The company has acknowledged some layoffs, but has steadfastly refused to give details, such as numbers or locations.
Source: Times Herald-Record
Cisco Systems Inc., the largest maker of networking equipment, predicted that revenue will drop for a fourth straight quarter as the recession crimps orders of networking equipment. Revenue will fall 15 percent to 17 percent in the fiscal first quarter, which ends in October, the company said today.
Source: Bloomberg
BT is cutting its call centre workforce in India by 4,000 and bringing some of the work back to the UK, the telco confirmed.
The company recently topped a poll of UK companies with the worst customer service, with complaints including call waiting times and trouble getting offshore call centre staff to understand English accents.
Source: BusinessWeek
Google CEO Eric Schmidt resigned from his post on Apple’s board of directors due to what Apple called a conflict of interest.
5 Reasons Schmidt Left Apple Board:
1. Apple’s rejection of Google Voice from the App Store;
2. The iPhone vs. Google Android rivalry is heating up;
3. Let’s not forget Apple’s App Store vs. Android Market;
4. Both Google and Apple are entrenched in the Web browser game;
5. Apple and Google will also soon compete in the OS market, too.
Source: ChannelWeb
Jaguar Land Rover, the luxury unit Indian truckmaker Tata Motors Ltd. bought from Ford Motor Co. last year, needs “major cost reduction” as the global recession hammers demand for its vehicles.
Jaguar Land Rover plans to eliminate 300 jobs and end production of the Jaguar X-Type model sooner than planned as demand slumps, the automaker said July 15. The job reductions at a plant in Halewood, northwest England, are in addition to 2,200 cuts already made throughout the company since September.
Source: Bloomberg
Unions have condemned the British Council’s announcement that it intends to cut up to 500 jobs over the next two years and consider offshoring work to India.
In a message to staff issued today, the British Council, which promotes the UK overseas, announced that it intended to reduce its staff by between 400-500 jobs – about one-third of the organisation – over the next two years.
Source: The Sikh Times
Verizon Communications Inc. said Monday it will cut more than 8,000 employee and contractor jobs before the end of the year in the wireline business, speeding up its efforts to keep costs in line, according to chief financial officer John Killian.
Verizon ended the quarter with 235,000 employees, up from 229,000 a year ago, despite already cutting 8,000 jobs during the year. Contractor jobs are not included in those totals.
Source: GoogleNews, AP
~News submitted by upthecreek
Bill Gates vouched for an open source US immigration policy, raised hands for India’s unique national ID project, and smiled aside the threat posed to his Windows home base by Google’s planned operating system as he embarked on his sixth visit to India, this time to receive an honour for his efforts in social work.
He reiterated his well-stated stand urging the US government to increase the number of foreign workers entering the US. “I have been speaking out against immigration restrictions in the US. Free exchange of talent is a very important thing,” Mr Gates, who requested the US Congress to reform immigration policies last year, told a press conference.
Source: India Times
Cisco Systems Inc. laid off several hundred employees on Thursday, as the company tries to control its costs amid declining sales.
Between 600 and 700 people were laid off at the company’s San Jose headquarters, according to a person familiar with the decision.
Source: WSJ
The high-tech industry might finally be hitting rock bottom, according to Forrester Research, which Tuesday forecast global IT spending to decline by nearly 11% in 2009 before vendors and end-user organizations begin to see some signs of recovery later this year and early next.
Source: NetworkWorld
Oracle Corp.’s fiscal fourth-quarter profit declined 7.2% as the stronger dollar continued to weigh on results. New license revenue, a key measure of software growth, dropped 13%. Oracle’s stock has been rebounding since hitting a three-year low in March, shares were up 2.8% to $20.44
Source: WSJ
Yahoo will incur a charge of between $22 million and $27 million for the 700-person workforce reduction that it announced two months ago, according to an SEC filing late Friday. The layoffs accounted for about 5 percent of its workforce. In Q2, it will take a total pre-tax cash charges of between $30 million and $34 million in severance pay expenses and related cash expenditures.
Source: PC
Adobe Systems Inc.’s (ADBE) fiscal second-quarter profit dropped 41% on lower sales and margins. Product sales, the bulk of Adobe’s revenue, declined 22%, while revenue from service and support slid 2.1%.
Earlier this year, Adobe also said it planned to cut around 600 jobs and undertake other cost-cutting measures to compensate for lower sales.
Source: WSJ
Social networking site MySpace said Tuesday that it plans to slash nearly 30% of its workforce (roughly 430 jobs), leaving it with 1,000 employees.
Source: CNNMoney
Intuit Inc., the company that makes TurboTax software, said Friday it was laying off 300 employees, or 4 percent of its 8,200-strong work force. Employees were given 60-day notifications.
Source: CNBC, AP
~News submitted by upthecreek
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