Tag: cost

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.

Adobe Lays off 600 people

Paul

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!!

A good free VPN Client — OpenVPN & more

Paul

I’ve been doing some research on what might be good to use in case, I was away from my home network.  I was thinking how safe am I at Starbucks or other places that I might doing my web.  So I did a little looking around to see which one I liked and I came to the conclusions that only one I need right now is:

openvpn

The nice thing about this was the simple installation of the software and how easy it was to set it up. This service is in beta but seems to be really well done with regards to the end users. When you install this software and want to connect it uses the OpenVPN software with there configurations. OpenVPN, is a open sourced SSL VPN solution and is free to use. The way this this free is of Ad Supported banners. Now it is cheaper than paying monthly for a VPN service. The ones I’ve found so far are these few:

  • OpenVPN (FREE)(*advertisement)(Linux, and Windows)

  • Always VPN (Prepay) (5 GB to 80 GB limit) (Linux, Mac and Windows)*Out of Beta

  • Hotspot Shield (FREE) (*advertisement) (Windows) (3 gig Cap)

  • WiTopia (40$/ Year) (Mac, Linux, and Windows)

[ad]There is of course others out that but these are just a few that I saw that looks like the cheapest there is.  Others I’ve seen cost 40 to 50 dollars a month.   If you have any other ones that are free or cheap let me know.  I don’t think we need to pay a lot just to have security on an open network. I’m certain that they’re more out there but will keep looking for more later on. I did my initial research and will come back and find more.

*Update Feb 8, 2009*

As of recent a friend emailed me saying telling me to check the site out again and I did.  Not sure when they went out of Beta because I’ve not been using Always VPN lately due to my Broadband Cricket Prepay Internet.  I just checked and yes they are charging here’s the break down:

  • 5GB – USD 8.50

  • 10GB – USD 15.00

  • 20GB – USD 26.00

  • 40GB – USD 33.00

  • 80GB – USD 47.00

So I must ask why they didn’t just keep the 5 GB limit with the Advertising, I do not know but  I did want to let people know that it is no longer free and no longer in Beta.  I went from Always to OpenVPN which still works despite the fact they are using Always VPN back client.   It’s open source so it will probably change to something else sooner or later.   If you see it changes let me know, I will update more when I find out more!!

Mattel introduces the new Welfare Barbie.

Paul

[ad#ad2-left]Mattel will be introducing the new welfare barbie doll,or laying off 1,000 jobs. According to Bloomberg and I’ll quote:

Mattel Inc., the world’s largest toymaker, said it would cut about 1,000 jobs, or 3 percent of its global workforce, as it faces higher manufacturing costs amid the worst financial crisis since the Great Depression.

[via Bloomberg]

If you’re like me and you want to cringe every time you hear another place is laying off people. I say we are still in a downward spiral. Everyone is saying that even Jason Calacanis, in his recent email he sent to all his fellow readers, he talked about the Rich not buying anything they didn’t need. He said that is good, I however wonder how far the hole goes before we hit rock bottom.

[ad#ad2-right]According to some analysts, they are talking about this lasting another year or more. On another note, according to Kotaku and I’ll quote on this one to:

We have received a letter purportedly sent by THQ CEO Brian Farrell to explain to his employees the reasoning behind the company closing five studios and laying off staff from two others. The closed studios are Helixe, Sandblast Games, Locomotive, Mass Media and Paradigm.


[via Kataku]

Now I’ve talked enough about Layoffs in the past and I won’t talk to much but I do hope this changes in the new future. If you want to find the other ones that I talked about just search my site, they are all there with out any problems.

[Thanks to Kyle Rees for the suggestion on the heading]

Fidelelity to Lay off more than 4000 people in 2008.

Paul

Fidelity Investments acknowledged yesterday it is studying cost cutting but declined to comment on an industry report that it plans to lay off up to 4,000 employees as plunging stock markets cut into the value of its mutual funds business.

[via Boston.com]

Now this is another example of all the layoffs that are coming due to the recession. If you want to find out all the other layoffs that I have found just search my site. There are far to many for me to list now. I am not happy with what seems to be and down ward spiral.