Category: Thursday

Bank of America Slashes 35,000 Jobs in 3 Years

Paul

This one hit me hard in the chest.  I must say this was a big surprise to me and others but it looks like Bank of America is going to cut 30,000 to 35, 000 Jobs in the next 3 Years.   I’ll will quote Huffinton Post:

NEW YORK — Bank of America Corp. said Thursday it expects to cut 30,000 to 35,000 jobs over the next three years, as it faces a deteriorating economic environment and tries to absorb Merrill Lynch & Co.

[Via Huffinton Post]

[ad#ad2-right]Now this one will affect the Whole US and some other International in the coming years. It is based on the Economic Stresses we are getting hit with right now. I am saddened and disturbed by how many people have loss there jobs. I have lost count as to how many people have losed their jobs over this economic downward spiral as Jason Calicanis once said. I can only hope that we can get up after this and fix what went wrong in the first place. I also know that it is quite hard to get hired in this day and age. So what is to become of the hard working men and women? Will the Government have to pay for housing for even more people? These are all questions we must answer soon in order to prevent a disastrous depression.

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.

You asked for it, Now it’s real — Vista SP2 Dec 4,2008

Paul

Beginning Thursday Dec. 4th, we will be making the Windows Vista and Windows Server 2008 Service Pack 2 Beta available to everyone through a Customer Preview Program (CPP). The CPP will launch on TechNet and be available to anyone interested in trying out this service pack. The CPP is intended for technology enthusiasts, developers, and IT Pros who would like to test Service Pack 2 in their environments and with their applications prior to final release. For most customers, our best advice would be to wait until the final release prior to installing this service pack.

[Via Technet]

[ad#ad2-right]Yes you heard right, you can get into the Beta of Vista SP2 and not have to wait till April.  Some things to remember:

  • It is a Beta

  • It will Have Bugs

  • It is for people who want to test it out

  • It should only be installed for people who need to test it out

Some of the changes that they are going to incorporate into Sp2 are support for new types of hardware and emerging standards that will grow in importance in the coming months.  The complete list of changes can be found here.   I will be testing this out sometime this weekend to give it a full thorough check out.   I will give a report later on this month possibly first part on January I would like to give it a complete test.   To test it out yourself, check out this link for directions on how to download it.