Entries tagged "INTC"
In the era of the 'VC walking dead,' recruiting into venture firms is down but not out, says veteran VC head hunter Jon Holman.
For the first time in its 34-year history, Microsoft Corp. [MSFT] has announced widespread layoffs, slashing up to 5,000 jobs over the next 18 months, including 1,400 Thursday. The moves are expected to save the Seattle company $1.5 billion in annual operational costs.News of layoffs was expected to come after the end of the trading day, but instead the software giant released its fiscal second-quarter earnings before Thursday's opening bell. Revenue for the quarter, which ended Dec. 31, was up 2% from the same quarter the previous year, but operating income, net income and diluted earnings per share were down...
