Microsoft to Cut 5,000 Jobs Starting Today:

There are reports that Microsoft will start laying people off starting Today Jan 22, 2009.
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Microsoft said it will cut up to 5,000 jobs in research and development, marketing, sales, finance, legal, human resources and IT over the next 18 months. The first 1,400 jobs will be cut Thursday.

[ViaPcWorld]

I really hate to see this happen but I did suspect this to happen.   I get a feeling this isn't the last we will see of Microsoft doing something like this.   I would suspect it will become even more than 5,000 jobs.  I will take a guess and say 16,000 will be the total or close to it. If you want to see the other layoffs I've talked here are few:

• Google Search


• Largest Employer : University of Pittsburgh Medical Center is planning layoffs!!


• Mahalo Lay’s off around 10% of it’s workforce!!


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

I have several differnent articles about the layoffs but I did speculate they will lay off 16,000 people so I am sure it will happen in the next few months.  Only time will tell!!!

Western Digital To Shed 2,500 people from the workforce!

I saw this on Engadget and had to talk about this.    If you are getting Laid off.   This will be over shortly,  I am sure of it!!!

[ad#ad2-right]Just in time for the holidays, it's Tickle Me Layoffs. Western Digital is cutting loose 5% of its workforce -- that's 2,500 more people who'll be staying home against their will. Hey Nintendo, why are you so happy?

[Via Engadget]

This is sad just before the holidays people will have to stay home and worry about the coming year.   I hope they get some help with the government.   Where is the second check that we are supposed to get?

CBS Confirms the Axe of Layoffs for CNET

CBS throws the gauntlet and says in a statement :

CBS Interactive continues its integration process, which now calls for the further combination of several portions of the division into unified groups oriented around similar content. This important move allows us to better align our premium content for our audiences and our advertisers, and also results in reduction in certain areas that are now duplicated in the new organization structure. We believe these moves are necessary to continue building CBS Interactive into the most creative, most efficient, most profitable and fastest growing Internet company in the media business.”

[ad#ad2-right]Now I can Only guess as to what they will re-organized but if it is anything like Jeff Gerstmann and how we heard people might resign over that little fiasco. I'd give the likely hood of several people from Gamespot and Probably even more people from C-NET. I don't know who they will lay off but I do know they are going to re-organization. You will probably have to pay for content from them in one way or the other. This is somewhat not un-expected due to the Economic Stress we are currently in and Probably will be for some time.

If I hear what happens I'll will update my post and all.  If you want to check out the other lay offs in the technology industry please feel free and click here.   I am sure to have more in the coming months.   Time is the only constant and will always be moving forward.

Yet another Turn For Yahoo, They lay off 1,500 people.

As much as I like Yahoo, they decide to lay off workers due to money. It's really not un-expected due to the fact that they've been doing poorly.

Yahoo began laying off 1,500 workers on Wednesday as part of a plan, announced in October, to slash expenses by $400 million a year. The cost cutting, however, may have to go deeper in the coming year.

[New York Times]

[ad#ad2-left]Now we know the Google and Yahoo planned on getting together but that went south due to the Lawsuit.  Some think Yahoo's systems is flaky and is bound to fail.  Although I don't know much of the back story, I'd just wanted to let my readers know about Yahoo.  If you want to read the other articles on Layoffs by all means.   I also suggest people search my site for some good tid bits

Office Depot Closed 126 Stores

This just came from USA Today, According to them and I'll quote:

Office Depot plans to close 112 underperforming retail stores in North America over the next three months. In addition, 14 stores will be closed in 2009 as their leases expire or other lease arrangements are completed, it said.

The retailer will also close six of its 33 distribution centers in North America, and says it plans to open about 20 stores in 2009, down from an earlier estimate of 40.

[Via USAToday]

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Although this isn't talking about layoffs but this will greatly impact people who will be jobless due to the closings.   SO I wanted to talk about how many per store,  I estimate it will be like 20 people per store on average.   So that will be around 2,500 people will be jobless in the stores and I don't know how many people will be jobless from the distribution center.   If you want to check out my other posts just click here.  If you search my site you will find even more tips and tricks to better help you be ready for the job market.

The Next big Wave of Layoffs is Sony. (9,000 workers)

In a report from Engadget, there seems to be more Layoffs going on.   One such one is Sony.  Here is what Engadget said:

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The bad news from the Japanese consumer electronics industry continues. Sony just announced plans to cut about 8,000 global jobs from its beleaguered electronics business while making unspecified reductions to its seasonal and temporary workforce. The move, as Sony explains it, comes "in response to the sudden and rapid changes in the global economic environment." Ominously, it looks like Sony will also be raising prices in the countries where "Sony makes significant sales" (read: US and Europe) if we're reading this statement correctly:

[Via Engadget]

[ad#ad2-left]In Today's economy, you need to be prepared.  So I thought I bring back some old Favorites of mine and talk about them.  To see the other layoffs that I've talked about CLICK HERE.   If you wanted to know what you can do to be prepared here are some great resources for people who are worried about there jobs:

• 5 ways to improve your chance of getting hired.


• Are you asking to be scammed? (Don't get scammed while finding a job)


• Google : Job Resources
  
  

If you have any others you would like to suggest please leave a comment and let everyone know.   These are hard economic times and we all could use the help.

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.

Technorati Officially laysoff 6 people!!

Technorati released today they are going to Lay off 6 people and I will quote:
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Unfortunately, this means sacrifices. Technorati’s management team members are taking pay cuts ranging from 15-25% and employees are taking 10% cut. This also includes the reallocation of staff. We’re laying off six employees today – including two executives -- and there are two additional departures we won’t replace. These are high performers who have worked long hours to get us where we are now. They’re also friends, and we’re very sad to see them go. We simply need a leaner and reconfigured mix to get us through 2009.

[via Technorati Weblog]

They will also be taking pay cuts all through the company.  So the recession is hitting them also.  I am sure CEO Richard Jalichandra has the company interest in mind.  According to Techchunch, they have added these recent layoffs ticker.   You can also search my blog for other layoffs that have happened or will happen.

Comfirmed: DHL to Lays off 10,000 workers!!

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According to The Press-Enterprise has announced all 18 U.S. Hubs will close and that means 10,000 workers will be out of a job.  They will keep 3,000 for international business.   I wanted to tell everyone about this as soon as I found out.

There is a rumor that DHL might layoff some of it's employees. About 8,000 Jobs will be announced to tomorrow when they release the earnings report. Now I know very little about this parent company but they have 475,100 employees and that would mean 1.6% of the people would be laid off!!

According to Business Week there Volume have been going down this year.

(CNN) -- A southern Ohio community is bracing for possible layoffs as DHL Express -- the largest employer in the area -- planned to announce its quarterly earnings report and restructuring details. [Via CNN]

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From what I can tell this will affect the Eastern part of the US. I've done a little digging for everyone to see just why they would want to layoff so many people. They have to reduce there spending because there Volume isn't as it should. This will also effect delivery of packages, and might end up slowing the delivery of Christmas packages.  So pack those presents early and ship them off early, to make sure they get delivered before Christmas!!  To see other layoffs this year just click this LINK.  It will show you all of the layoffs that have/are/or might happen in the near future.

Rumor: GE to be the next to layoff its workers!!

GE to Layoff it workers!

According to sources of friends close to me, their seems to be a consensus that there will be a major layoff coming from GE. My source is talking about it being a lot of people will be laid off and that it will start happening in the coming weeks.

According to Yahoo Finance saying this "52 week change of GE is -50.86% from last year. "

[ad#ad2-right-1]Now last year this time there Stock Price was 38.38 a Share and now they are 18.60 a share.  They dropped -19.78 over the year.   The seemed to get close to the 38.38 a share on April 4, 2008 with making  37.56 a share.  That was there highest this year, due to the fact that people were getting there income tax refunds in the mail.    Also NYSE says they had a slight increase in July and Aug, that is due to the Stimulus package that we got in 2008.

Now I'm not a financial expert in the least.  I just see what I see with stock prices.  These could mean they are doing extremely well, or they could indicate that the company is planning on laying people off.  I'm just trying to provide a background on why they might lay people off.  We are getting to he point of becoming a Depression and no longer a Recession.  What do you think?

Circuit City to layoff employees and might close several stores!

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Some sources are say this:
The newspaper cited one of the affected workers, who indicated that between 500 and 800 employees would be let go. The layoffs reportedly began yesterday with the departure of several “upper management” executives, the source said.

[via Twice]

Now I know people hate when I blog about this because it is so depressing but I do like to let people know about this stuff so you can know what to expect in the coming future. This is all due to the economy and the recession that is on our doorsteps. If you would like to find out what other companies are laying off that I know about just click this [LINK] and it will show you all the other blog posts that I talked about that have or are laying people off.  I keep telling people to keep there resume's ready for just this type of outcome.

Mattel introduces the new Welfare Barbie.

[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]

The Magazine Time, plans to elimate 600 jobs in the near future!

According to Time Inc. Editor in Chief John Huey is planning on Laying off over 600 jobs:

Time Inc., the world’s largest magazine publisher, plans to cut 6 percent of its work force — more than 600 positions — and will revamp the organization in a way that could radically alter the culture at the company.

[via Nytimes.com]

With the way the economy is, we have more and more people who are having trouble with Layoffs.   I got a list of companies right now who is laying people off.  If you want to check it out just CLICK HERE.

Now let's talk about the bigger picture, people are worried and want to get through this with out getting hit hard.   So what is true hardship, that comes when you least expect it and want it.  I've come to the conclusion that it will happen in the best of times.  You see most people don't know what hardship is until it hits them in the square on the head.

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Having seen this coming a mile a way, I thought I would come up with ways to be prepared and I've done a lot of hard work to be prepared, you two could be prepared.  If your interested just click this link and check out all my article on getting prepared.  If that doesn't help you just go out and use google to the fullest.  You see if your not ready for the end how can you be ready for the beginning.  You will sooner or later be dealt a deck of cards and not know where to go next.

I am not trying to say everyone will loose there jobs but that doesn't mean your safe where you are.  You must strive to be better than are RIGHT now!! For if you don't you will never have the chance to survice this Recession.  I am so sure we are heading into the mouth of t he tiger right now, there is no turning back.  Are you prepared?