| Economy Economy discussion forum. Discuss the politics and effects of the general economy and global economic collapse here. Please keep all politics out of the Finance and Investment subforum. |
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07-25-2011, 10:24 PM
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#351
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Enjoying the day
Join Date: Aug 2008
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Quote:
Originally Posted by leistb
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That is because users are running from Blackberry as fast as they can. RIM failed to innovate, and the Iphone/Android market is burying them. This one can't be blamed on the economy.
Yes, my family was among the defectors this year.
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07-25-2011, 10:28 PM
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#352
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Senior Level 6
Join Date: Sep 2008
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Quote:
Originally Posted by rootdiggr
That is because users are running from Blackberry as fast as they can. RIM failed to innovate, and the Iphone/Android market is burying them. This one can't be blamed on the economy.
Yes, my family was among the defectors this year.
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 I'm a defector too. As is my wife, my father and several friends.
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07-25-2011, 11:34 PM
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#353
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Secretly laughing at the cat
Join Date: Nov 2008
Location: Iowa
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From what I've heard Xerox is letting people go, at least in the midwest. They are pricing themselves out of business and losing accounts.
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I tried to get in touch with my inner child, but she isn't allowed to talk to strangers.
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07-26-2011, 09:24 AM
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#354
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Boston Proud
Join Date: Jun 2011
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Cisco+Borders+Rimm+Lockheed Martin total up to 26,000 announced layoffs in the US, in the next couple weeks.
(and 4,000 FAA workers were furloughed yesterday).
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07-26-2011, 04:05 PM
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#355
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Boston Proud
Join Date: Jun 2011
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07-29-2011, 11:24 AM
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#356
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Senior Level 6
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Merck to cut up to 13K jobs. Will continue hiring in emerging growth markets.
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08-09-2011, 12:11 AM
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#357
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Member Level 2
Join Date: Oct 2009
Location: Everett,WA >>>>Montana
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Adding a few more to the list.
Boston Scientific cuts 1,400
Credit Suisse boots 2,000 workers
Pfizer downsizes by 5,530 jobs
Goldman Sachs axes 1,000 jobs
HSBC ousts 25,000 employees between now and 2013
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08-09-2011, 12:19 AM
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#358
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Senior Level 6
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Quote:
Originally Posted by Mscoffee
Adding a few more to the list.
Boston Scientific cuts 1,400
Credit Suisse boots 2,000 workers
Pfizer downsizes by 5,530 jobs
Goldman Sachs axes 1,000 jobs
HSBC ousts 25,000 employees between now and 2013
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These are quite 'unexpected'. I'm sure a mid-summer snowstorm is the likely culprit.
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08-09-2011, 10:14 PM
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#359
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Dismember
Join Date: Oct 2008
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Quote:
Originally Posted by leistb
These are quite 'unexpected'. I'm sure a mid-summer snowstorm is the likely culprit.
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The snowstorm will occur in the White House Press Briefing Room when the Press Secretary tries to explain next month's unemployment figures.
__________________
* I have the right to live, thus I have the right to defend my life from attackers who would take it from me.
* I have the right to my private property, thus I have the right to defend my property from thieves who would take it from me.
* I have the right to self-determination, thus I have the right to defend my liberty from tyrants who would take it from me.
* The only usable tools for these tasks are guns, and thus I have the right to shoot anyone who would take my guns from me.
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09-08-2011, 11:34 PM
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#360
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Dismember
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09-09-2011, 01:36 PM
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#362
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fumbling around in the dark
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09-09-2011, 04:33 PM
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#363
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Beach Fun
Join Date: Aug 2008
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I think BofA already started, the tellers told my dad at his branch a bunch were laid off last week.
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"The danger is not that a particular class is unfit to govern: every class is unfit to govern." Lord Acton
The only way to win is to not play...(like global thermal nuclear war).
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09-09-2011, 07:00 PM
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#364
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Wingy Spud
Join Date: Aug 2008
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My company has had its workforce cut by about 50% between layoffs and not hiring to replace those leaving. Those of us left have lost benes like breaks, life insurance, 401k, direct deposit and have taken a cut in hours/vacation time.
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Friendship is like peeing your pants - everyone can see it, but only you can feel its warmth.
My city smells like Cheerios.
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09-09-2011, 07:20 PM
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#365
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Senior Level 6
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Quote:
Originally Posted by flourbug
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Large canary in the coal mine.
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05-09-2012, 01:12 PM
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#366
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Senior Level 6
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Hostess Notifies of Pending Layoffs
Up to 18K workers could be laid off if restructuring fails.
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05-09-2012, 01:18 PM
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#367
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fumbling around in the dark
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I will be stocking up on Twinkies ASAP.
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05-09-2012, 01:57 PM
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#368
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Senior Level 5
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Quote:
Originally Posted by flourbug
I will be stocking up on Twinkies ASAP.
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__________________
There are always dozens of reasons why something "can't" be done. That's no excuse in my book. If you want it bad enough, you find a way. That's how life works for grown ups. -- Booger
Do not keep calm and carry on.
Put on your big girl panties & sexiest boots
and kick some ass.
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05-09-2012, 02:30 PM
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#369
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fumbling around in the dark
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That is exactly what I did the one and only time I have ever had a Twinkie.
Now, the chocolate cupcakes are another story... also, another thread...
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05-09-2012, 03:58 PM
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#370
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Senior Level 5
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Quote:
Originally Posted by flourbug
Now, the chocolate cupcakes are another story... also, another thread...
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I hear you. Bad chocolate is against my religion. 
__________________
There are always dozens of reasons why something "can't" be done. That's no excuse in my book. If you want it bad enough, you find a way. That's how life works for grown ups. -- Booger
Do not keep calm and carry on.
Put on your big girl panties & sexiest boots
and kick some ass.
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05-23-2012, 08:30 AM
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#371
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Senior Level 3
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Hewlett-Packard is expected to announce deep cuts in its workforce
Wednesday afternoon, when the world's largest personal computer and
printer maker is scheduled to release its latest quarterly results.
The payroll purge could lay off 25,000 to 35,000 workers, based on recent
media reports that quoted unnamed people familiar with HP’s plans.
The financial pressure has been building on HP since the company replaced
cost-cutting specialist Mark Hurd as its CEO amid questions about his
relationship with a former actress who worked for the company as a
contractor.
HP’s stock price [HPQ 21.78  -0.11 (-0.5%)  ] has lost more than half its
value since Hurd’s resignation in August 2010. The company’s shares
closed Tuesday at $21.78.
Full article at CNBC: http://www.cnbc.com/id/47532613
~
__________________
--Thomas Jefferson, 1743-1826--
"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
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05-23-2012, 01:36 PM
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#372
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Eurothrash
Join Date: Aug 2008
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Would those all or mostly be US jobs? Article isn't clear on that.
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Free hugs
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05-23-2012, 02:14 PM
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#373
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Senior Level 3
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I heard as many as 5,000 job cuts were expected to come from voluntary retirements, I'd guess those would be Old people ie, Those over 50yr..
And also that they'd combine their Printer and PC business' so I'd expect cuts within those two groups. But I'm guessing and don't really know.
~
__________________
--Thomas Jefferson, 1743-1826--
"I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt."
--
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05-24-2012, 03:17 PM
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#374
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Eurothrash
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I guess volitary retirement is not as popular as it was a couple of years back.
If i understood the computer sales guy i spoke to last time i bought one they do assemble them locally (he was talking about inferior parts being shipped due to the tsunami/Fukushima incident in Japan and the flooding in Thailand which was even worse).
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Free hugs
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06-07-2012, 12:59 PM
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#375
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Senior Level 2
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Automatic across the board cuts set for January 2nd will result in the layoff of 1 million!
http://thehill.com/blogs/on-the-mone...ion-jobs-study
__________________
Socialism is the art of creating addiction, then living off the misery of it. Communism is the gang affiliation to spread it. Leftism is the art of watching you die from it and telling you it’s utopia.
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