Tag Archive for: layoffs

17
Apr

Here’s a good news story you certainly don’t see everyday: OMGPOP — the creator of the popular Draw Something game available for both iPhone and Android — was sold last month for $210 million to social gaming company Zynga Inc. This was a huge boon to the once-struggling start-up that was close to going bust, according to Fortune. A few […]

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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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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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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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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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6
Jun

Update 6-10-10: I recently taught a group of Nissan managers about the ROCC of Trust and the Competing Values.  I shared Ted Castle’s story and how it related to building lasting positive change.  Here is some follow-up information: If you would like additional tools that you can use in your organization, and are current or […]

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8
Apr

Our review of the film, Up in the Air, starring George Clooney and Anna Kendrick was recently published in The Work Style Magazine, an international English-language publication.  Here is an excerpt of our review: We have been advocating for effective downsizing strategies for almost two decades, arguing that firms who treat their employees fairly, and […]

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