Monday, August 23, 2010

Most in survey see more layoffs coming - Silicon Valley / San Jose Business Journal:

http://specsbros.com/disaster.html
About 63 percent said they expecy more layoffs as their businesses deal with theongoinfg recession. Only 22 percent disagreed. The Business Pulsre survey was conducted between April 14 andApril 22, a time when a numberf of layoffs and negative job reports were announced in the including: — , which reported a 78 percen t decrease in first quarter profir on April 21 and said it will cut 5 percentr of its work force. — , which employ s 4,800 at the plant in Fremont, said on Aprik 20 that it willcut 1,600 salaried workers. — said on Aprill 20 it will file for Chapter 11bankruptcyt protection.
— said it will buy on Aprill 20 in a deal that is expected to bring thousands of job cutsat Sun. The state Employment Development Departmengt said on April 17 that Silicon Valleylost 36,200 jobs in the 12 months ending in March. said on April 15 it plans to cut abou t200 positions, or 6 percent of its — A survey of valley CEOs by the on April 14 said almostt 60 percent expected the job picture to worsen at theidr company in 2009.

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