Category: reduction

CBS Confirms the Axe of Layoffs for CNET

Paul

CBS throws the gauntlet and says in a statement :

CBS Interactive continues its integration process, which now calls for the further combination of several portions of the division into unified groups oriented around similar content. This important move allows us to better align our premium content for our audiences and our advertisers, and also results in reduction in certain areas that are now duplicated in the new organization structure. We believe these moves are necessary to continue building CBS Interactive into the most creative, most efficient, most profitable and fastest growing Internet company in the media business.”

[ad#ad2-right]Now I can Only guess as to what they will re-organized but if it is anything like Jeff Gerstmann and how we heard people might resign over that little fiasco. I’d give the likely hood of several people from Gamespot and Probably even more people from C-NET. I don’t know who they will lay off but I do know they are going to re-organization. You will probably have to pay for content from them in one way or the other. This is somewhat not un-expected due to the Economic Stress we are currently in and Probably will be for some time.

If I hear what happens I’ll will update my post and all.  If you want to check out the other lay offs in the technology industry please feel free and click here.   I am sure to have more in the coming months.   Time is the only constant and will always be moving forward.

The Next big Wave of Layoffs is Sony. (9,000 workers)

Paul

In a report from Engadget, there seems to be more Layoffs going on.   One such one is Sony.  Here is what Engadget said:

[ad#ad2-right]

The bad news from the Japanese consumer electronics industry continues. Sony just announced plans to cut about 8,000 global jobs from its beleaguered electronics business while making unspecified reductions to its seasonal and temporary workforce. The move, as Sony explains it, comes “in response to the sudden and rapid changes in the global economic environment.” Ominously, it looks like Sony will also be raising prices in the countries where “Sony makes significant sales” (read: US and Europe) if we’re reading this statement correctly:

[Via Engadget]

[ad#ad2-left]In Today’s economy, you need to be prepared.  So I thought I bring back some old Favorites of mine and talk about them.  To see the other layoffs that I’ve talked about CLICK HERE.   If you wanted to know what you can do to be prepared here are some great resources for people who are worried about there jobs:

If you have any others you would like to suggest please leave a comment and let everyone know.   These are hard economic times and we all could use the help.

Viacom and ATT layoff some people. (12,850 People)

Paul

Today, we are announcing a company-wide restructuring plan that includes staffing reductions in all divisions. This will result in a reduction of our worldwide workforce of approximately 7 percent, or about 850 positions. We are also suspending salary increases for the Company’s senior level management in 2009. In addition, after a comprehensive review of our operations, we will write down certain programming and other assets. These three actions will bring us significant cost savings and other efficiencies.

[via Gawker]

[ad#ad2-left]This is a Sad day for the telecommunications industry both AT&T and Viacom are laying off people. According to reports Viacom will lay off around 850 people. ATT will layoff 12,000 Jobs. Here’s the quote from Associated Press:

AT&T Inc. joined the recession’s parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.

[Via Associated Press]

So in all today total that is 12,850 people who are going to be laid off. This is another set of layoffs but isn’t the last to see the whole list of of Layoffs in the Tech industry that I’ve talked about please click this link. You may find some usefull tidbits if you search my blog enough, I’ve got some great tips on getting hired and what you should do to be prepared.