Looking for a job? Maybe Twitter has a position for you, and about 199 others. Speaking to a reporter after accepting a 2010 Mirrors Award, Twitter co-founder Biz Stone said that the microblogging service currently employs about 200 people, a number which he expects to double this year.
"We feel like we’ve come exceedingly far in a very short amount of time, and we definitely feel like we’ve reached something, some point," Stone said. "But the key takeaway for us is that now is not the end. It’s not even the beginning of the end. But it is perhaps the end of the beginning. Twitter is just getting started, and we have a lot of work to do ahead of us."
Twitter, which is still figuring out how best to cash in on the microblogging craze, has been valued at about $1 billion. In April, Twitter rolled out an advertising service that lets advertisers pay to have their tweets show up in the top of search results.
According to a Bloomberg report, networking specialist Cisco plans to hire about 3,000 workers globally. Cisco CEO John Chambers said the hiring will be divided into two periods.
If Cisco goes through with this, it means the company will be making good on Chamber's comments last month, in which the CEO said he plans to accelerate hiring, particularly in sales and new markets. Cisco already added 1,000 new employees in its third quarter, which ended at the beginning of May.
This also represents somewhat of a worker-rebound for Cisco, which slashed about 2,000 jobs at the end of fiscal 2009. At the time, Cisco also halted hiring, closed some offices, and cut back on travel expenses.
The sun shines brightest in the summer time, but dark days loom for more Sun workers. Oracle will make more job cuts related to its acquisition of Sun Microsystems, the company said in a regulatory filing.
Oracle didn't say exactly how many pink slips it plans to hand out, and an Oracle spokeswoman declined to comment beyond the filing. Sun employees have been living on eggshells even before Oracle acquired the company, and according to an InfoWorld report, at least one analyst predicted that Oracle would lay off 50 percent of Sun's workforce to put the company back in the black. At the time, Oracle CEO Larry Ellison vehemently shrugged off the claim.
"The Sun people went through enough angst without having to read this garbage that you're writing," he told reporters and analysts in January. "The truth is, we're actually hiring 2,000 people over the next few months to beef up these businesses, and that's about twice as many people as we'll be laying off. We're not cutting Sun to profitability, we're growing Sun to profitability."
To cover the layoffs, which will mostly be concentrated in Europe and Asia, Oracle will take a charge of up to $650 million this year.
In order to better compete with IBM, Hewlett-Packard (HP) will slash about 9,000 jobs and overhaul its computer-services businesses, Bloomberg reports.
In addition to the job cuts, HP also plans to take a $1 billion charge, both to help pay for severance packages and to bring the company's data centers up to snuff so that HP can provide more automated services.
"These sets of actions will enable HP to grow better than the market," Ann Livermore, executive vice president for enterprise business, said during a conference call. "This is a substantial opportunity for us and something that we think is a good opportunity for our clients as well."
Just last month HP had raised its 2010 forecast, the third time the company has done so since November. Results have consistently beat out analysts' expectations, however job cuts are nothing new for HP. During Chief Executive Officer Mark Hurd's five year reign, HP has handed out some 48,000 pink slips so far.
Despite releasing a Kindle app for the iPad, Amazon isn't giving up on their own hardware just yet. Lab 126, the Amazon department responsible for the Kindle hardware, has been on a hiring spree as of late. Many of the new positions are for testing and product creation. This indicates that Amazon may be readying new hardware.
This is further evidenced by their recent acquisition of Touchco, a touchscreen technology startup. Sources at Amazon that could not speak on record also indicated Amazon is working with publishers to discuss adding games to the Kindle platform. This could signal a direct assault on the iPad.
It's clear the Kindle needs to evolve. Compared to the iPad, it's looking a little dated considering the current price of $260. Even though the Kindle is meant for only one thing, we feel like it could stand to gain a few new features. It doesn't have to compare spec for spec with the iPad, but it has to change or risk obsolescence.
Those in charge of finances at technology companies are feeling a little more optimistic about the future than was previously the case, suggests a new study by accounting firm Grant Thornton.
Grant Thornton surveyed 496 chief financial officers (CFOs) on a variety of economic and business topics, 53 of which worked for technology companies. Of those, some 37 percent said they expect to hire more staff in the next six months, compared with 29 percent in all other industries. Moreover, only 2 percent of tech CFOs have plans to reduce staff.
It wasn't all rose colored glasses, however. While a good number of CFOs plan to hire more help, only 11 percent said raises are in the cards for employees. That's significantly less than one year ago, when 32 percent said they plan on handing out raises.
According to payroll services company Automatic Data Processing, layoffs were down and hiring was up in April. All told, some 32,000 new jobs were created last month, most of which took place in the services sector and by medium to large businesses.
"Today's report is very encouraging," ADP CEO Gary Butler said in a statement. "The challenging economic environment appears to have stabilized. I am cautiously optimistic that increasing economic activity along with the recently enacted legislation offering immediate incentives to employers for jobs creation (the HIRE Act) will lead to continuing growth in private-sector employment."
Large businesses are defined as those with 500 or more workers, while medium size business are those with anywhere between 50 and 499 workers.
Later today the Department of Labor's Bureau of Labor Statistics will release its April report, and many economists are expecting the employment numbers to be even more positive than they were in March.
It could be said that the ongoing battle between Adobe and Apple--the classic "friends turned enemies" grudge match--is like a giant digital version of an MMA fight. Or perhaps it's more appropriate to dub it a "boss battle."
Steve Jobs, Apple Overlord, has been tossing up jabs against the apparent disaster that is Adobe Flash for some time now, scattered across various quotes and interviews with the tech press. Various Adobe executive have stepped into the squared circle in an attempt to prove the sincerity (and usefulness) of Flash's existence, and it's been a relatively amusing, "you suck / no I don't / you suck / no I don't" back-and-forth.
That's nice and all, but whatever happened to... you know. Tested facts?
Scoring a job in the video game industry might seem like a dream gig, and with many industry players looking to take on more talent, there's potential for a lot of dreams to come true this year. But while hiring is starting to pick up, salaries have remained flat.
"Overall, game salaries have risen 24 percent form an average of $60,883 in 2001, the first year we began studying developers' salaries," said Chris Remo, the co-director of Game Developer Research and Editor-at-Large at Gamasutra.com. "For the most part since then, salaries have either risen or remained flat on a year-on year basis, with the only exceptions being this past year, and a 1 percent decline from 2005 to 2006."
Should budding game developers be concerned about this? Not really. Even though this past year saw the first case on record of a big drop in the average salary, 2009 still ranked as the second-highest average salary year ever.
"it's not unusual for video game developers to be making $80,000 to $150,000 a year," said Dr. Peter Raad, executive director of The Guildhall at Southern Methodist University, a leading graduate level game design program. "That money typically comes from three different buckets, including base salary, profit sharing, and bonuses tied to a specific game."
Things aren't so rosy in the financial services sector, at least for IT staff. According to a new survey, some 77 percent of IT staff employed in the financial services field would like nothing more than to change jobs within the next year.
The survey pinged 540 permanent and contract IT staff in March, over two-thirds of which said they will begin looking for employment elsewhere within the next three months, with 41 percent citing salary as the main reason why.
"Salary freezes, increased workloads, and redundancies have resulted in decreased loyalty from employees, which has contributed to feelings of unrest," said Sam Corcoran, director at Hays Finance Technology.
According to Hays, 28 percent of staff believed that the financial crisis had caused increased stress. Another 25 percent said they now work longer hours, while nearly half (48 percent) of IT professionals believe that the recession had decreased job security.
Also leading to a feeling of discontent is the lack of bonuses. More than half of respondents said they didn't receive a bonus in 2009, while 42 percent said that a bonuses should make up at least 20 percent of their annual package.