Layoffs

Yahoo Called Its Layoffs a ‘Remix.’ Don’t Do That.

Posted In Working in Tech
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Things aren’t fantastic at Yahoo at the moment. Despite a renewed focus on mobile and an influx of skilled developers and engineers, the company still struggles to define its place on the modern tech scene. That struggle is no more evident than in the company’s most recent quarterly results, which included rising costs, reduced net income, and layoffs. Yahoo CEO Marissa Mayer, in a conference call with reporters and analysts, referred to the net layoffs of 1,100 employees in the… continue…

Silicon Valley Quest for Innovative Talent Continues

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What’s New This Quarter How do we know that things are going pretty well these days in Silicon Valley? Because 23 newly minted billionaires told us so: The most recent Forbes list of the richest of the rich found some of the moguls in Silicon Valley are among the world’s youngest, including the co-founders of both Uber and Snapchat. The final numbers from 2014 showed that Silicon Valley’s tech economy continues to boom, with 58,000 new jobs and 42,000 new… continue…

Your Layoff Survival Guide

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By most metrics, the U.S. economy is on the upswing at the moment, with the tech industry in particular enjoying a low unemployment rate. Yet despite those upbeat numbers, layoffs can and do happen. While you can’t always prepare for the axe, the following step-by-step guide can ensure that you’re back on your feet—and in a new job—as soon as possible. Negotiate on the Way Out A layoff is traumatic, but it’s imperative that you keep your emotions in check… continue…

IBM Layoff Rumors Fly Fast and Furious

Posted In Job Hunting
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Rumors are flying fast and furious that IBM will lay off more than 100,000 workers sometime in the next few weeks. But news sources are reporting that the cuts will more likely be on the level of 10,000 jobs. The original report of mega-layoffs came from Robert X. Cringely, a self-described “Silicon Valley iconoclast,” who wrote in Forbes about an IBM reorganization codenamed Project Chrome. In Cringely’s telling, Project Chrome will result in the layoffs of 26 percent of IBM’s… continue…

In Silicon Valley, Some Giants Are Hiring

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What’s New This Quarter In Silicon Valley, everyone wants to be associated with the Next Big Thing. “In the Bay Area, I’m finding that SaaS and e-commerce based companies seem to be defining the current hiring status quo for other local companies and industries,” said Alyssa Seidman, recruiting director for recruiting firm Randstad Technologies. “They tend to have the most progressive environments and the ability to attract and afford the best talent.” That means companies in other industries, such as… continue…

4 Tips for Surviving a Rapid Firing

Posted In Looking in Tech
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You’re called in for what you think will be a typical meeting, only to be told, “We’re downsizing” or “You’re fired.” How should you react? The first step is to hold it together and not react. While it might be tempting to pull the office equivalent of that Jet Blue flight attendant who decided to quit his job by grabbing a beer and sliding down his plane’s emergency inflatable slide, remaining reserved is the preferable alternative: You don’t need more… continue…

‘Angry Birds’ Layoffs Hint at Danger Facing Big Apps

Posted In Looking in Tech
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Rovio Entertainment, the studio behind the mobile-game hit Angry Birds, has announced that it will lay off 110 workers, or approximately 14 percent of its workforce, as part of a game-studio shutdown. Four years ago, the idea of Rovio cutting workers and consolidating its operations might have come off as a joke. Originally released in 2009, Angry Birds quickly grew from popular mobile game to pop-culture franchise, spawning not only a handful of branded spinoffs (Angry Birds Star Wars, Angry… continue…

Silicon Valley Still Bubbly Despite Big Layoffs

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What’s New This Quarter A quick scan of the Valley finds it as frothy as ever, with constant bulletins about huge mergers and acquisitions drowning out the less-bubbly news of restructurings and downsizings. The dog days of August brought new news that Cisco would lay off 6,000 employees, about 8 percent of the company’s workforce, in order to make itself more agile. In comments to his workforce, CEO John Chambers said: “It’s about investing in our growth and moving fast…… continue…

What HP Splitting in Two Could Mean for You

Posted In Looking in Tech
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Hewlett-Packard is splitting into two companies, one of which will focus on enterprise technology, while the other continues to sell PCs and printers. HP CEO Meg Whitman believes that two smaller companies will prove more innovative and flexible than a lumbering giant composed of many divisions. “We will be in an even better position to compete in the market, support our customers and partners, and deliver maximum value to our shareholders,” she wrote in one of those standard-issue statements that… continue…

Demand for Tech Pros Still High in Seattle

Posted In Looking in Tech
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Seattle needs tech workers. That’s the conclusion reached by King 5, NBC’s Seattle affiliate, which paints a picture of six-figure starting salaries for software engineers, startups fighting over the most proficient tech pros, and job offers sprinkling from the sky like rain. Click here to find tech jobs in Seattle. But is that report accurate? Seattle’s insatiable demand for tech workers is nothing new. In January, startups and well-established tech companies alike reported a desperate need for thousands of tech… continue…