Microsoft has reportedly begun trimming (or slashing, depending on how you want to look at it) its workforce by letting go of a "small percentage" of employees who held marketing positions with the Redmond software giant as it looks to revamp and streamline its operations. The company didn't specific exactly how many employees were let go, though several reports have the number pegged at 200.
Dutch GPS device maker TomTom isn't super confident in the future of personal navigation devices (PNDs) and is undergoing a restructuring effort that involves shifting its focus to pre-installed navigation devices in automobiles and fleet management applications. Unfortunately for some of TomTom's employees, the company's efforts also entail a 10 percent workforce reduction.
We hate to read about job cuts during the holiday season (or any time during the year, but especially now), and McAfee said it was a "difficult decision" to trim its workforce, but ultimately felt that's what needed to be done if the company's going to grow in 2012. The Intel-owned security outfit handed out around 250 pink slips, effectively reducing its workforce by 3 percent.
Facebook is determined to double up its workforce, and it plans to do that by hiring "thousands of employees" in the Big Apple. The world's largest social networking playground has already begun accepting applications as it prepares to open a new engineering center in New York City next year, the first of its kind in the East Coast. Facebook currently employs around 100 people at its New York facility, compared to around 3,000 employees in California.
The American Student Survey aims to reveal how students preceive organizations as employers in the United States, and if the latest results are any indication, today's college students would love to work for Google. Or Apple. Or several other technology companies, and not just in the field of IT, but also business, engineering, natural sciences, and humanities/liberal arts, each of which is ranked individually.
Sure, money makes the world go round, but if you're fresh out of college and looking for a job, you're more interested in being able to access your Facebook account or post to Google+ during work hours, or so that's the word from a new survey. Cisco pinged 2,800 college students and young professionals to find out how they feel about social media and the Internet in general, and it turns out they feel pretty strongly about both.
If you're trained in IT and looking for a job, there's a good chance you'll find employment. Most of your peers are back in work. Citing third quarter numbers by the Bureau of Labor Statistics, InformationWeek says there are now an estimated 4.14 million people employed in U.S. IT jobs, which is around the level of employment of Q2 2008 before the recession cut that number down.
Sending jobs offshore is more commonplace than ever in the tech industry. According to a recent survey, nearly two thirds -- 65 percent -- of tech firms outsource at least part of their business. Nearly one in four of these offshore jobs are for existing services, while another 20 percent said they use offshore services to manage their day-to-day operations.
It was only a matter of time before Hewlett Packard slashed staff as a result of dumping its webOS hardware business, and that time is now. Several hundred employees in HP's Palm division are on the chopping block, many of which will be dismissed of their duties starting this week.
Maybe we’re looking for leadership in the wrong places during these tough economic times. While politicians pound the pulpit and blather on about job creation, few of them are able to actually get anything done, regardless of party affiliation. On the other hand, a new report claims that one company is singlehandedly creating a crapload (approximately) of jobs and revenue. That company is Facebook. Is a Mark Zuckerberg 2012 campaign around the corner?
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