Corporate - Economy

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Job insecurity linked to risk of poor health - study



Job insecurity linked to risk of poor health - study
Globalization, the economic recession and rising unemployment have increased job insecurity which is having a negative impact on the health of employees, European researchers said on Tuesday. In a study of more than 23,000 workers in 16 European countries, an international team of scientists found that the fear of losing a job significantly increased ... Full story

Microsoft: Pirated software still sold in Russia



One-quarter of Russian software outlets sell bootleg Microsoft programs, the company said Monday as it published the results of a survey intended to elbow authorities into taking more action. Russia is a notoriously lucrative market for unlicensed software, movies and music — a persistent issue in Moscow's stalled accession to the World Trade Organization. Microsoft checked 2,500 retailers in 53 Russian cities over the last ... Full story

Economic turmoil helps job sites to grow high



Due to the economic turmoil, job losses are not new. But, this recession helps the job searching websites to grow high. More people are registering in job searching & career development websites, even if they are still employed, a new study says. Nielsen Online reported that it found 20 percent of increase in unique visitors to job searching & career development websites. Moreover unemployment rate was ... Full story

Microsoft steps back from payback demand on ex-employees



Software giant Microsoft Corp has dropped its attempt to demand some severance money from 25 recently fired workers it had mistakenly overpaid. Amidst much of criticism, Microsoft is going back on its decision to require laid off workers to pay back the money that the software maker said was in excess of its planned severance.... Full story

Yahoo plans for reorganization next week



Early as next week, Yahoo plans to restructure its organization. This was announced by Yahoo Inc Chief Executive Carol Bartz. "Get well-rested, because next week's a biggie", said Carol Bartz in a email to Yahoo employees. Yahoo Officials banned from speaking/dicussing about this issue publicly. The Internet gaint Yahoo, was severly hit during its partnership talks with Microsoft, Google ... Full story

Windows new Mobile Online Storage : Beta



Windows new Mobile Online Storage : Beta
Here is the good news for the mobile lovers from Microsoft. Microsoft Inc. Will soon launch its beta version of Online Mobile storage. This facility will help mobiles users to syncronize their files between mobile and web. Microsoft has named this service as "My Phone", which wil help mobile users to store data like videos, photos ,text ... Full story

Obama addresses on Youtube !



Obama's first weekly address since being sworn in as the 44th president of the United States on Tuesday, available on Youtube "White House" channel and White House website, whitehouse.gov. Its a five minute video, where Obama expressed his views on economic stimulus plan, had a traffic of more than 210,000 views and 1,000 comments that was responded within 12 hours of ... Full story
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Microsoft CEO’s mail to employees on Layoffs



Software giant Microsoft's CEO Steve Ballmer has supposedly sent an e-mail to its employees on Thursday, as the company announced poor earnings and major layoffs. From: Steve Ballmer Sent: Thursday, January 22, 2009 6:07 AM Subject: Realigning Resources and Reducing Costs In response to the realities of a deteriorating economy, we're taking important steps to ... Full story
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Intel ‘restructuring’ might render 6,000 jobless



Intel 'restructuring' might render 6,000 jobless
CIOL has reported that Intel Corporation disclosed on Wednesday its plans to close or stop production at five of its manufacturing facilities, which could affect nearly 6,000 employees of the organization. The world's largest semiconductor company said it would 'restructure some of its manufacturing operations and align its manufacturing capacity to current market conditions'. The ... Full story

Yahoo’s new mechanism for spam protections



Yahoo's new mechanism for spam protections
Company anti-spam czar Mark Risher made a posting on Tuesday focusing on Yahoo's new plans towards spam protection. "At Yahoo, we take spam seriously," said Risher.  According to the posting, "It's a huge challenge and the bad guys are always out there trying to make a buck with their scams, but we’re committed to helping keep you safer online."... Full story
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