How's your resume looking these days? If you have experience with senior management and a passion for software, you may have what it takes to land at job at Hewlett Packard. Citing "people familiar with the matter," Bloomberg says more high level workers are getting ready to jump HP's ship, including senior vice presidents Marius Haas, Tom Iannotti, and Gary Budzinski.
Now's not a particularly good time to be working for Nokia, not unless you can handle the stress of wondering if you'll still have a job once the company eliminates 12 percent of its workers. As part of a new strategy to "align its global workforce and consolidate site operations," Nokia said it plans to hand out about 7,000 pink slips, including laying off 3,000 staff and transferring 3,000 more to Accenture, which will take over Nokia's legacy Symbian software division.
It's not often that you end up being paid more for being demoted or stepping down from your position as a high level exec. But for Eric Schmidt, the former CEO of Google who was recently replaced by Larry Page, his new position as Executive Chairman is a much more lucrative one. To be fair, even a gig flipping burgers at a fast food joint would have been more lucrative than the $1 annual salary he received as CEO, but there's not a fast food chain in the world that would have paid him $1.25 million a year, and that's before bonuses.
It looks like Intel isn't the only chip maker looking to out-muscle ARM in the tablet market. According to a recent job listing on AMD's website, the company is looking to hire Android driver development engineers, preferably those with experience in video decode acceleration. Reading between the lines, it appears AMD envisions itself powering an Android tablet sometime in the near future.
Playing out like a bad April Fool's prank, Acer CEO Gianfranco Lanci is stepping down from his position with the company after failing to come to an agreement with Acer's board on various business priorities. Acer made the surprise announcement on Thursday, saying that Lanci's resignation was approved at a meeting of its Board of Directors and is in effect immediately.
Microsoft may be looking for help developing a successor to the Xbox 360 console. The Redmond outfit posted a job notice on its Careers website looking for a graphics hardware guru in its Interactive Entertainment Business division. News of the position has been spreading like wildfire through cyberspace, prompting speculation that Microsoft is starting to put the pieces together for an Xbox 720, or whatever the next generation console might be called.
AOL's $315 million acquisition of The Huffington Post is nearly complete, and as the finish line approaches, job cuts can be seen on the horizon. If there's a bright side to this, it's that the job cuts won't come until after the deal is complete. But they are around the corner, because as AOL CEO Tim Armstrong put it, there's just no way to avoid making cuts.
Henry Chow spent more than 40 years at IBM in various positions, including more than a decade as General Manager of IBM's Greater China Group where he was responsible for overseeing IBM's operations in China, Hong Kong, and Taiwan. Now the 65-year-old former GM will spend time on AMD's Board of Directors, the chip maker announced this week.
Disney, home of the self-described happiest place on Earth, has laid off close to 200 employees as it tries to revamp its interactive media division, The Wall Street Journalreports.
Most of those pink slips ended up in the hands of employees working for Disney's console game operations, which formerly consisted of a staff of 700. Going forward, more layoffs are expected.
"As part of setting a strategic for future success in the digital media space, the Disney Interactive Media Group yesterday began a restructuring process," a Disney spokeswoman said in a statement.
The biggest blow coming from Disney's restructuring efforts includes the shuttering of one of its game studios, Progaganda Games, which worked on the Tron game. Looking ahead, it appears Disney is more interested in pursuing mobile and social games as the company attempts to lift its interactive media group out of the red.
IT pros notched another year of nearly flat salaries under their belts and on average generated salary increases of less than 1 percent ($73,384 from $78,845 in 2009), according to a new survey by technology and engineering career website Dice.com.
On the bright side, 49 percent of those surveyed said they received a raise in 2010, up from 36 percent in 2009. In addition, companies doled out bonuses to 29 percent of respondents in 2010 compared to 24 percent in 2009.
The result of all this is that half of the respondents said they were either "somewhat" or "very satisfied" over their pay, a slight increase from 46 percent in 2009, but employers shouldn't be content with this. Almost 40 percent said they believe they would get a bigger salary by switching employers in 2011.
"Companies can no longer get away with paltry salary increases for their technology staffs based on the demand we are seeing for talent," said Tom Silver, SVP, North America at Dice. "The moderate increases in satisfaction levels indicate that tech professionals’ concerns are being heard by some companies, but certainly not all. Retention is the key to driving additional contributions to the business from technology staffs. Employers that are reluctant to increase compensation or step-up retention efforts will likely pay for their unsatisfactory ways."
For those just getting into the IT field, average salaries are lower for professionals with less than two years experience, dropping 6 percent below their peak average in 2008. Learning Oracle could help with this, as Dice noted that Oracle experience was requested in more than 15,000 job postings on any given day.