Tuesday, November 11, 2008

AMD, LinkedIn - Layoffs

clipped from www.adotas.com

ADOTAS – Chipmaker AMD reduced its workforce by 3%, or roughly 500 staffers. In April, the company laid off 10% of its staff.

LinkedIn has announced that it’s cutting 10% of its staff (about 36 jobs). LinkedIn recently raised $22.7 million in funding (in June it raised $53 million).

Veoh, an online video-sharing site, also announced layoffs – roughly 20% of its staff, or 20 people. While revenue for the company is reportedly growing, the gloomy economic forecast was blamed on the cuts. In June, Veoh received a $30 million round of funding.

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Monday, November 10, 2008

Fortune 500 Companies Slashing Raises, Planning Layoffs

clipped from workforce.com

In coming weeks, a number of Fortune 500 companies are planning to cut merit
raises
and conduct further layoffs as they continue to wrestle with the economic
downturn, according to recent polls conducted by the Corporate Executive
Board.

As of mid-October, 30 percent of the 100 compensation and benefits executives
polled said they were planning to reduce their 2009 merit budgets, while 45
percent weren’t sure yet, according to a poll conducted by the Corporate
Executive Board
, a Washington-based organization that provides best practices
information and support to member companies.

“Based on conversations since that poll was conducted, it would seem that
more companies have decided to reduce their merit budgets or get rid of merit
raises altogether,” said Michal Kislevitz, managing director at the Corporate
Executive Board. “Things are changing quickly.”

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Thursday, November 6, 2008

Search Personal Homepages on Geocities

Source: eGrabber Newsletters

Yahoo! Geocities is a popular Internet community. Personal home pages on this community will most often have a person’s resume posted as well. Using Google or Yahoo!, you can easily search for matching resumes from these homepages. The search syntax is as follows:

site:www.geocities.com (resume | homepage) Keyword (City, State)

For example, to search Geocities for resumes of java programmers in San Jose, CA, you can use

site:www.geocities.com (resume | homepage) java programmers (San Jose, CA )

You can use this technique to search resumes from popular online communities such as Angelfire, FortuneCity, Tripod, etc.

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Saturday, November 1, 2008

LinkedIn launches New Applications

This initial roll out features productivity applications that range from gathering information that professionals around you are generating to enhancing your abilities to collaborate and communicate more effectively. You'll be able to work much more closely with your contacts on LinkedIn with tools such as file sharing, project management, business trips and many more.

The nine applications that you see live today on LinkedIn include productivity enhancing applications from Amazon, Box.net, Google, Huddle, Six Apart, SlideShare, Tripit, and WordPress as well a Company Buzz application developed by LinkedIn. Each of these applications will help you stay current and competitive as a professional in today's rapidly changing business world.

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