Tag Archive for: downsizing

4
Apr

Update 4-10-12: Here are some details about the restructuring of Yahoo as reported  in today’s Wall Street Journal: In a memo sent to employees and reviewed by The Wall Street Journal, Mr. Thompson said he was splitting Yahoo into three main groups: consumer, which oversees the company’s popular media websites as well as its commerce-related, Web […]

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19
Jan

My blog post title may reflect my age, but for us Boomers, Kodak really was the first Facebook.  We trusted Kodak with our precious film, and it magically turned it into keepsakes we could share with anyone around the world, albeit at the speed of an aircraft and not light.  Karen’s family took (and still […]

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13
Jan

Update 3-24-12: Meanwhile, CEO Indra Nooyi’s compensation increased about six percent in 2011 over 2010, according to the Wall Street Journal today. PepsiCo Inc. PEP -0.14% Chairman and Chief Executive Indra Nooyi received 2011 compensation valued at $17.1 million, according to a Securities and Exchange Commission filing released Friday, a 5.8% increase from the prior year driven primarily by […]

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28
Dec

The latest from the Wall Street Journal, 12-30-11: Sears Holdings Corp. identified 79 of the stores the retailer is planning to close, with nearly half being Kmart locations and Florida having the most closures by state. Earlier this week, the retailer said it planned to close between 100 and 120 stores and record up to $2.4 […]

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13
Nov

I’d categorize this as ironic except for the sickness of the event: By Chris Ariens on November 11, 2011 4:54 PM Breaking: Layoff notices are being handed out across CNN/U.S. today. Photographers, editors and other staffers in Atlanta, New York, Washington, DC, Los Angeles and Miami are being let go. In all, at least 50 […]

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11
Nov

As if police didn’t have enough to do, now they are being tasked to delivery layoff notices to county employees in Ohio: CLEVELAND, Ohio — Plainclothes Cuyahoga County sheriff’s detectives fanned out last Wednesday to knock on doors and deliver pink slips to county employees, an assignment outside the norm for law enforcement. Leaders of […]

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28
Oct

Full disclosure:  I’ve purchased Groupons before, but that doesn’t mean I’m biased in favor of the company.  Far from it, as most of the daily deals I’m pitched are for products and services I don’t want, for which already have a trusted provider, or are in places far enough way that I’m not going to […]

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25
Sep

As regular readers of this blog know, we have researched and consulted on organizational downsizing, and how to do it effectively, for two decades.  Most of the time, organizations do a poor job of it by any measure:  financial, operating performance, or employee morale and engagement.  Nonetheless, there are few that do it right, and […]

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21
Sep

We’ve been conducting research on organizational downsizing for more than two decades, but even so, it is next to impossible to keep up to date on downsizing activity in the U.S. and around the globe.  Nonetheless, we’ll post here some of the downsizing efforts taking place that we don’t comment on elsewhere in our blog. […]

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19
Sep

Update 9-19-11: I was interviewed in today’s Wall Street Journal about Bank of America’s recent downsizing announcement.  Here are some excerpts from the article: Rumors of massive layoffs had been rippling through the ranks for months, according to one senior analyst at Bank of America. “A lot of people are really scared about what’s going […]

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