Bank of America Slashes 35,000 Jobs in 3 Years

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.

Trojan.PWS.ChromeInject.A is not a Firefox plugin.

A new type of malware designed to harvest web passwords has been detected in-the-wild by BitDefender’s antivirus research labs. This latest e-threat – called Trojan.PWS.ChromeInject.A – is intended to be delivered onto a compromised computer system by other malware for subsequent download into Mozilla Firefox’s Plugin folder. Once installed it gets to work every time Firefox is started.

[Via Bitdefender]

[ad#ad2-right]So having seen this I thought I’d come up with ways around this to better protect yourself.  One way to prevent this from getting your sensitive data is to get a program like Sandboxie.   You could stop using Firefox that would be silly, because right now Firefox is more secure than Chrome and Internet Explorer.   I’d also suggest checking out my Anti-spyware page and Anti-Virus page and get some more protection.

The key to this virus protection is just be cautious of where you go and keep all you system update to date to prevent all this from happening.  It is also advisable to not have your passwords saved on Firefox, you should use something like Roboform, it is free  to download and try.  It will encrypt your passwords so if they don’t know the master password then they are out of luck.  Roboform is also good for coming up with some strong passwords.  Just some suggestions to prevent from people seeing your sensitive data, you don’t want anyone to get that data.

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

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.

Adobe Lays off 600 people

Adobe might also hire new workers within Europe, he said. The cuts will be formally announced on Dec. 15 when the company releases its fourth-quarter financial report.

[via Infoworld]

[ad#ad2-right]This is another technology company to lay off people, there are some talks that it would be around 600 workers on some blogs. Others are just talking about the Management shakedown, and some workers are going to be moved around. I don’t know who is going to be laid off, or if there will be a tremendous amount of people who will need to start looking for a job. I do know that Adobe is looking for ways to cut cost, and I expect they are having problems just because of the Recession.  If you want to check out other jobs that have laid people off, just click this link.

[ad#ad2-left]

Adobe also announced the implementation of a restructuring program, and has taken steps to reduce its headcount by approximately 600 full-time positions globally. The restructuring will result in anticipated pre-tax charges totaling approximately $44 million to $50 million. The Company expects approximately $28 million to $30 million of the restructuring charges to be recorded in the fourth quarter of fiscal year 2008.

[Via Adobe Blog]

This the press release for Adobe and I wanted to share with you what they said. So it is confirmed they want to get rid of 600 people. Sad to hear, but that isn’t the only layoffs in the industry. If I find out anything else I’ll let you know!!