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BNET Business Dictionary
- Layoff
- dismissal, often temporarily, from work because a job ceases to exist or because of lack of work. Employees who are laid off may qualify for unemployment compensation. If the layoff...
- Layoff definition on BNET »
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- Can A Nose Job Lift Your Leadership Skills?
- The newest trend in cosmetic surgery, apparently, is nipping and tucking for your job. Not content to Botox their brows into submission merely for personal primping, workplace go-getters men as well as women are turning to appearance enhancement for career advancement. No lesser an authority than His...
- Blog posts 2008-06-16
- Google Closes DoubleClick Deal, Hints of Layoffs
- Nearly a year after the deal was announced, Google said Wednesday it's finally closing its $3.1 billion purchase of DoubleClick. The official announcement came shortly after foot-dragging European regulators finally approved the acquisition. Google has surely been working on integrating DoubleClick's technology, which is focused on the...
- Blog posts 2008-03-12
- Ask.com Layoffs Point to Confused Strategy at IAC
- Interactive Corp.'s identity crisis is nearly full blown. Barry Diller, the creator and would-be dismantler of IAC, is turning the company into a textbook example of how to blur a company's brand and how to confuse and and alienate customers, employees and partners. Diller quilted together a bunch of barely-alike...
- Blog posts 2008-03-06
- Creative and Profitable Ways to Avoid Layoffs
- No one wants to think about layoffs right around the holidays, but for some companies, it's just reality. Take Novartis for example. After a decade of phenomenal growth, the company is now "battling with delays in product launches, a lack of innovation in its pipeline and increasing competition from generics."...
- Blog posts 2007-12-13
- How to Boost Morale After Downsizing
- So far this year, Gap Inc.'s laid off 1 percent of its workforce(1,500 employees) to offset losses sustained under the direction of ex-CEO Paul Pressler. While downsizing cuts costs on paper, this presupposes remaining employees will remain productive -- which might be a challenge if workers fear for their own...
- Blog posts 2007-08-09
- Layoffs Without Broader Strategic Planning = Bad News
- Vonage is in serious trouble. First it lost a patent suit to Verizon, and it was ordered to pay up $58 million. Then a district court issued an injunction forcing Vonage to stop signing up new customers. And today the company announced that it would slash an undisclosed amount of...
- Blog posts 2007-04-12
- Tales from the Firing Line
- Letting an employee go can make your feel like the angel of death. Here's how three managers cope with the realities of bearing bad news. James Wright Position: Partner at IT staffing firm Bridge Technical Solutions. Experience: In the 1990s,...
- Articles 2007-03-20
- Can Dell Avoid the Layoff Bomb?
- Dell Computer has been suffering slow sales and stubbornly high costs, and now the company may be considering a “reduction in workforce,†according to the feature article from today’s BusinessWeek. But there are other, less painful ways to improve operational efficiency. Since revenue-per-employee is the figure most...
- Blog posts 2007-03-09
- Protecting Company Secrets During a Layoff
- Im a senior manager at a large company, and I just learned that I have to layoff a dozen people. This will come as a shock to the employees and I feel terrible, but Im also very concerned that those who are terminated will steal confidential company documents as a...
- Blog posts 2007-02-28
- EA's Riccitello: Layoffs Are 'Essential' For The Company's Digital Transformation
- The main reason for EA’s second round of mass layoffs within a single calendar year? The company is extremely bullish on digital. “As we said in previous quarters, we’re narrowing our focus to invest in core hits and digital,” said CEO John Riccitello, during the company’s Q3 (its fiscal...
- External links 2009-11-09
- Rumors Swirl of Layoffs at Oglivy NY
- Two ad bloggers today said they've heard rumors of lay offs coming down the pike at Ogilvy NY. George Packer, the funny, foul-mouthed blogger behind AdScam and AdHurl, reported this morning: One of my "deep throats" in New York tells me there have been big layoffs this morning at...
- Blog posts 2008-05-02
- Beer Deal's 'Synergies' Don't Just Mean Layoffs
- InBev's acquisition of Anheuser-Busch has stirred fears that massive layoffs are in the offing for Busch employees. Those fears are only heightened when the amount of "synergies" cost savings is mentioned. The companies say the deal will enable them to save $1.5 billion a year. Surely,...
- Blog posts 2008-07-24
- Industry Euphemism of the Day: "Involuntary Separations"
- Any hope that my extensive roundup of newspaper cuts just two days ago could be my last on that topic for a while evaporated when I read through the media industry news today. By now you know the drill. What's back and white and red all over?...
- Blog posts 2008-07-18
- GSK Roiled by Layoffs: 350 R&D Staff Cut; Scientists in Italy Stage a Strike
- Confusion continues at GlaxoSmithKline this morning as R&D employees attempt to figure out if they'll be receiving pink slips and their bosses attempt to keep everyone calm. Tension at the company has been building since Chemistry World reported that GSK sought hundreds of job cuts internationally at...
- Blog posts 2008-08-05
- The Hidden Costs of Layoffs
- Think downsizing will solve your company's financial woes? These harsh realities may make you think twice. 1. Significant indirect costs often wipe out the direct savings of layoffs. While layoffs may seem like a good way to...
- Articles 2008-06-23
- Pharma Roundup: Pfizer and Glaxo Confirm Layoffs, Disclosure Mandated for Cephalon, and More
- Glaxo and Pfizer confirm R&D layoffs; Cephalon ordered to reveal the doctors it pays; Prasugrel delay not all that bad for Lilly; pharma sales reps unpopular with docs by John Maas
- Blog posts 2008-09-30
- Pharma Roundup: Pfizer Re-Slices Organizational Pie, Lilly Dishes Out Zyprexa Settlement, and More
- Pfizer reorganizes; Lilly to pay $62 million fine over Zyprexa; biotech losing talent to clean tech; Consumer Reports blacklists 20 drugs for seniors by John Maas
- Blog posts 2008-10-07
- Pfizer's Layoff Plan Explained
- Pfizer CEO Jeff Kindler isn't resting in his reorganization of the company. But although that plan is said not to involve layoffs, no one seems to believe it. As such, Pfizer is heading into territory previously ploughed by GlaxoSmithKline, which was plagued by layoff rumors throughout the summer while the...
- Blog posts 2008-10-08
- Which Managers Should Get Fired First?
- In the post "Are Sales Managers Truly Necessary", the comments articulately argued both sides of the issue. That got me thinking. If times get hard, there's gonna be layoffs. Most of the time, layoffs are based upon the absurdities of corporate politics. Even so,...
- Blog posts 2008-10-09
- Will Wyeth's Layoffs Show Up in Bottom Line?
- It will be interesting to see on Oct. 22 when Wyeth presents its third-quarter earnings whether the company actually managed to save some money through all the layoffs it is doing. Wyeth said back at the halfway point of the year that its cuts had somehow driven its costs up:...
- Blog posts 2008-10-16
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