Motorola Layoff

Motorola is not performing well. Revenues down by 26% YoY. Company's cellphone sales is declining. 54% down QoQ. Company is under pressure and taking new actions to focus on new developments and future opportunities. What can you predict the 'new action' would be??

Yes, you are right. Layoff! Motorola is set to fire 4000 people during this year. Read this to know what company's CEO Mr. Jha has to say.

Company is saying it will focus on developing smart phones. Predictions are also that company will focus on developing android based phones and may discontinue its Microsoft based smart phones. However, there is no clear news about this...

What would be company's next move? Well, we don't know. But it is for sure that doing business and generating revenue is becoming tough for corporates and employees are under pressure to perform be it any company. I believe that new wave of android based open system and convergence of voice, data and video services will change the scenario in coming years. But till then keep your fingers crossed!

Google laying off 100 recruiters

This is really painful news. Google, company which always seems to be progressing has started firing people. Yes, Google is stopping connections with 100 of its people hiring services . On Google's official blog, this information was confirmed and now, company is set to cut all its connections with third party manpower suppliers.

Full article here

Yesterday, I had a discussion with this person who was saying about growth of Internet sector despite recession. We agreed that Internet media would grow despite of recession because of unlimited opportunities it offers. However, I am not sure about how things will take shape and what would be driver for growth.

Media industry shocked as Corporate Giants are announcing layoffs

I was shocked when I saw news items saying layoffs in various media companies. I knew that recession will affect digital media industry as it's revenue model largely depends on conventional media industry. However, recent news coming from various sources about layoffs is alarm for this growing industry.


Real media is laying off 7.5% of its staff. More important is: company communicated this news through its blog. Company did not event felt to communicate it through official mail. Anyways, another news came from Giant NBC Universal.

Reports say that NBC Universal is laying off 500 employees. Of course, this is effect of global recession which we are going through. Well, telecom, only segment of industry which was expecting to register growth this year is facing problems.

Telecom giant AT&T is laying off whopping 12000 jobs as a part of reducing capital expenditures. I don't know where this will end but one thing is sure that so called globalization and open economy has failed to create sustainable ecosystem.

Viacom, another in the list has also announced 850 job cuts through official mail. Of course, all these news are coming from global headquarters and regional operations would suffer more or less due to this.

We are lucky enough that still our economy has not been affected. However, I am not sure how long we would be sustaining. Weak political structure and dependence on foreign economy are major forces which will afect Indian economy and I don't think we can stay out of this for longer period. Lets hope for good...

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