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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (40050)	10/23/2003 11:20:58 AM
From: Chas.	Read Replies (1) \| Respond to of 74559

great post flyer,good read, a lot to think about, thanks

To: AC Flyer who wrote (40050)	10/23/2003 11:24:59 AM
From: tonka552000	Read Replies (2) \| Respond to of 74559

AC....I'm in the industry...my VC is Baine...life aint too interesting yet...if you want to get a feel for the market, a real good source of "real" feelings is at: www.fuckedcompany.com Sorry...not my choice of URL... Report news \| General discussion \| View archives \| Play the deadpool Walk, man 20,000 Sony employees laid off. When: 10/21/2003 Company: Sony Severity: 80 Points: 178 227 comments in the Happy Fun Slander Corner! The empire strikes back Rumor has it there's a bill soon to be introduced in the Senate that invokes taxation on American companies that outsource jobs overseas. Stay tuned... When: 10/21/2003 Company: Outsourcing Severity: 5 Points: 105 203 comments in the Happy Fun Slander Corner! Safety Rumor has it all Safeway truck drivers from El Monte and Sante Fe Springs wherehouses are to report to the local teamster conference room for important meeting. I don't know what's going on but it can't be good, as Safeway has requested 32 cops at attend the meeting. When: 10/21/2003 Company: Safeway Severity: 75 Points: 175 41 comments in the Happy Fun Slander Corner! What's S&T stand for? Staff reductions at Associated Press, according to this internal memo. When: 10/21/2003 Company: The Associated Press Severity: 30 Points: 130 16 comments in the Happy Fun Slander Corner! Lynched Rumor has it Merrill Lynch Corporate Technology staff (globally) were just notified that, come January, their jobs will be outsourced to IBM (mostly in India). When: 10/21/2003 Company: Merrill Lynch Severity: 50 Points: 149 21 comments in the Happy Fun Slander Corner! Prescription Rite Aid CEO cooked the books and admitted it. When: 10/21/2003 Company: Rite Aid Severity: 80 Points: 180 9 comments in the Happy Fun Slander Corner! Heavy D Square D just had a company-wide celebration of its 100th year in business. They gave out shirts, made in Mexico, to all employees -- including those losing their jobs to plants in Mexico. Word is even more layoffs in the works, including half of support staff. When: 10/20/2003 Company: Square D Severity: 55 Points: 155 169 comments in the Happy Fun Slander Corner! Vizion Rumor has it Vizional Technologies just asked employees to return the paychecks they received on the 15th of October. Apparently, $80 million later, there's not enough $$$ in the company's account. When: 10/20/2003 Company: Vizional.com Severity: 90 Points: 190 61 comments in the Happy Fun Slander Corner! Bombs away Rumor has it Bombardier is closing (moving?) their Tucson, AZ plant -- 850 jobs gone. When: 10/20/2003 Company: Bombardier Severity: 70 Points: 170 14 comments in the Happy Fun Slander Corner! Cheese plate Rumor has it secret layoffs coming shortly to Kraft Foods. When: 10/20/2003 Company: Kraft Foods Severity: 45 Points: 145 20 comments in the Happy Fun Slander Corner! Youngun Rumor has it around 20 people were just laid off from Ernst & Young Technologies. When: 10/20/2003 Company: Ernst & Young Technologies Severity: 45 Points: 145 18 comments in the Happy Fun Slander Corner! Cleanup on aisle 7 Those grocery store workers are still striking. When: 10/20/2003 Company: Safeway, Kroger & Albertsons Severity: 35 Points: 135 60 comments in the Happy Fun Slander Corner! Obsidian Rumor has it Providian has signed an outsourcing agreement with notorious body shop, Computer Science Corp. Word is 100 of the 250 affected employees have been offered new jobs, the other 150 are shit-outta-luck. When: 10/17/2003 Company: Providian Severity: 75 Points: 175 299 comments in the Happy Fun Slander Corner! I want to buy your blooood Rumor has it Baxter has purchased a part of Alpha Therapeutic and as a result, as closed 60 donor centers and a processing lap in Memphis, TN. Around 1,000 employees affected. When: 10/17/2003 Company: Baxter Severity: 65 Points: 165 22 comments in the Happy Fun Slander Corner! 415 86'ed Rumor has it 415, Inc. just closed -- all remaining -- all remaining employees laid off and sent on their way. When: 10/17/2003 Company: 415 Inc. Severity: 99 Points: 199 45 comments in the Happy Fun Slander Corner! Alt-contorl-del(phi) Automotive gadget maker, Delphi, reported it lost $353 million in the third quarter and will cut up to 8,500 jobs -- 4.5 percent of its work force. When: 10/17/2003 Company: Delphi Severity: 50 Points: 148 30 comments in the Happy Fun Slander Corner! Dumbcards Lawyer steals $100 million from SanDisk. When: 10/17/2003 Company: SanDisk Severity: 45 Points: 145 28 comments in the Happy Fun Slander Corner! Ring boom Kyocera continues shipping their exploding cell phone. When: 10/17/2003 Company: Kyocera Severity: 15 Points: 115 33 comments in the Happy Fun Slander Corner! Will the real Slim Shady please stand up Universal Music is slashing 1,350 jobs -- 11% of its workforce. <cough...fileswapping> When: 10/16/2003 Company: Universal Music Severity: 75 Points: 175 220 comments in the Happy Fun Slander Corner! - $19.9 billion Verisign is selling Network Solutions for $100 million. What the article doesn't tell you is that Verisign paid $20 billion for Network Solutions in 2000. When: 10/16/2003 Company: Verisign Severity: 80 Points: 179 68 comments in the Happy Fun Slander Corner! Picture this Sony Pictures is cutting 300 jobs over the next 18 month from their television studios, Sony Pictures Digital, and Columbia Pictures. When: 10/16/2003 Company: Sony Severity: 45 Points: 143 30 comments in the Happy Fun Slander Corner! Leisure Suit Larry Rumor has it slot machine maker Sierra Design Group is slowly dismantling their ArcadePlanet division, layoffs underway. When: 10/16/2003 Company: Sierra Severity: 20 Points: 120 10 comments in the Happy Fun Slander Corner! Okeee "Yes, this memo is true. And yes, he is a horrible speller and bad with grammar," says one Manchester Technologies employee about this memo he recieved. When: 10/16/2003 Company: Manchester Technologies, Inc. Severity: 45 Points: 145 30 comments in the Happy Fun Slander Corner! Wachova you Rumor has it massive layoffs coming to Wachovia Securities this week or next. When: 10/16/2003 Company: Wachovia Securities Severity: 35 Points: 135 13 comments in the Happy Fun Slander Corner! XcelleNot Rumor has it XcelleNet just laid off their CIP, VP of Development, VP of bizdev, and more. When: 10/16/2003 Company: XcelleNet Severity: 80 Points: 180 14 comments in the Happy Fun Slander Corner! Bank of "America" Bank of America is opening a subsidiary in India and will terminate many American jobs. When: 10/15/2003 Company: Bank of America Severity: 55 Points: 155 248 comments in the Happy Fun Slander Corner! Empire Rumor has it FC's favorite Voice-over-IP company, Empirix, just fucked the founding CEO. The Board of Directors shit canned his ass today..." according to one employee and FC reader. When: 10/15/2003 Company: Empirix Severity: 75 Points: 175 16 comments in the Happy Fun Slander Corner! Yen Suzuki is about to take it in the shorts. When: 10/15/2003 Company: Suzuki Severity: 45 Points: 145 16 comments in the Happy Fun Slander Corner! Should I post it? Shouldn't I? ack. Hewlett Packard's CIO died. Here's the memo. When: 10/15/2003 Company: Hewlett Packard Severity: 20 Points: 117 47 comments in the Happy Fun Slander Corner! Not the Tyco who makes the little cars Rumor has it major Chinese outsourcing plan underway at Tyco. Fire and Security Division in MA. hardest hit. When: 10/15/2003 Company: Tyco Severity: 55 Points: 154 14 comments in the Happy Fun Slander Corner!