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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: Mannie who wrote (158072)	1/13/2009 7:44:50 PM
From: Wharf Rat	Respond to of 363107

youtube.com

To: Mannie who wrote (158072)	1/13/2009 7:56:59 PM
From: SiouxPal	Read Replies (1) \| Respond to of 363107

Thank you! Set the DVR. Great night. Bought Kiki a watch.

To: Mannie who wrote (158072)	1/15/2009 5:50:51 PM
From: stockman_scott	Respond to of 363107

Confirmed: Paul Allen's Vulcan lays off 50 workers techflash.com By John Cook on January 15, 2009 at 1:58 PST Last night, TechFlash reported that layoffs were coming at Paul Allen's private investment company Vulcan. Today, about 50 workers at the private company of the software billionaire were told that they no longer have jobs. Allen spokesman David Postman said Vulcan is eliminating and postponing certain projects, though he declined to say which ones. Postman said it was a "tough decision" since many of the workers are part of a close knit group,. But, he added that Allen -- who was ranked the 41st richest person the planet by Forbes last year -- is susceptible to the problems in the economy. "We are not immune," he said. Vulcan Real Estate -- which manages Allen's vast holdings in the South Lake Union neighborhood -- was not affected by the lay offs. And Postman stressed the company continues to push forward with projects in the neighborhood, including a new campus for Amazon.com. It is unclear what impact the decision will have on many of the startup companies that Allen has bankrolled over the years. Postman declined to comment when asked if the venture capital practice has been scaled back. About two months ago, Vulcan restructured its private equity division, laying off about a dozen workers. The Microsoft co-founder also is a major shareholder in Charter Communications, a cable and Internet service company that today missed $73.7 million in interest payments. Postman said the problems at Charter are unconnected to the layoffs today at Vulcan. The layoff accounts for about nine percent of Vulcan's staff. It does not impact Allen's other interests, including his sports teams, museums and the Allen Institute for Brain Science. Allen's holdings are vast, from mansions to yachts to positions in oil and gas companies.

To: Mannie who wrote (158072)	1/15/2009 5:56:00 PM
From: stockman_scott	Respond to of 363107

Analyst: 6-8% Microsoft layoffs techflash.com By Todd Bishop on January 15, 2009 at 10:47 PST Microsoft may be preparing for layoffs, but the cutbacks won't be as severe as the 15 percent predicted in some media reports, writes analyst Sid Parakh of Seattle-based McAdams Wright Ragen in a note to clients this morning. "Checks indicate that Microsoft is likely to engage in headcount reductions to the tune of 6,000-8,000 employees, or ~6%-~8% of its ~95,000 workforce, a number much lower than cited in the media," Parakh wrote. "A notable portion of those cuts are likely to be in the Seattle area considering that over 40,000 of its employees are in this region. Our checks also revealed some speculation over the potential for a second round of cuts in some groups sometime later in the year, although this could not be substantiated." Underperforming employees are likely to be most vulnerable, in addition to contractors, he wrote. Separately, Parakh lowered his estimates for the company's upcoming quarterly results to $16.8 billion in revenue and earnings of 48 cents per share, down from the previous estimates of $17.4 billion and 51 cents.