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E-BUSINESS SPECIAL REPORT

How To Hire a Security Guru

As software flaws, wireless network holes and data thieves continue to make companies vulnerable to technological bad guys, a growing need for security experts has driven more IT workers toward this constantly changing field. However, the search for the right security guru can be a tricky one. After...

Report: High-Tech Job Cuts Down from Last Year

The number of high-tech layoffs in the first quarter fell 45 percent compared with a year ago as stabilization in the telecom industry helped slow the pace of job cuts, according to a new report from outplacement firm Challenger, Gray & Christmas. But telecom stabilization may be covering up con...

E-BUSINESS SPECIAL REPORT

What To Expect When You’re Expanding – Again

It is safe to say that every company is expecting an economic recovery, though the timing of its arrival is uncertain. But after three years of dealing with slow economies, global uncertainty and layoffs, some firms may worry that their expansion muscles have turned to flab. This is a valid concern,...

E-BUSINESS SPECIAL REPORT

Cutting Costs Without Killing the Company

It is a common business scenario: A new CEO takes over a struggling company and vows to put it on more solid financial footing. He assures investors that he will cut only the fat from the ailing organization, leaving the muscle and bone the company will need to thrive intact. But when it comes time ...

E-BUSINESS SPECIAL REPORT

Are Tech Visionaries Finished?

During the high-tech boom, vision was in. Corporate leaders like AOL's Steve Case, who made bold predictions about the future and then acted on them, became the heroes of the New Economy. Nowadays, on the other hand, CEOs seem to be cherished more for their ability to cut costs and make tough busine...

Capellas To Leave HP – for WorldCom?

HP president Michael D. Capellas, a key figure in the hard-fought battle over the HP-Compaq merger, will resign his position and is rumored to be the choice to try to resurrect fraud-plagued WorldCom. HP said the president's position will not be filled, leaving CEO Carly Fiorina firmly in control of...

E-BUSINESS SPECIAL REPORT

The Upside of Downsizing

Few companies would be likely to admit it, and even fewer would be willing to talk about it publicly, but layoffs can have business benefits that go well beyond short-term cost savings. When done right, they can even help improve morale by reassuring employees that their employer can make tough deci...

Dot-Com Layoffs Top 1,000 for Second Straight Month

Internet companies disclosed plans to cut 1,193 jobs in August, fewer than in July but enough to mark the second straight month in which dot-com layoffs exceeded 1,000, according to outplacement firm Challenger, Gray & Christmas. "There is certainly the potential for us to see more cuts for t...

Report: Dot-Com Job Losses Shrink in June

Companies took a break from laying off workers from Internet-related jobs in June, with just 684 layoffs announced, according to a report from international outplacement firm Challenger, Gray & Christmas. By comparison, dot-coms cut more than 2,000 jobs in May. But the respite might be just a...

Sun, IBM Battle for Web Services Developers

With a flurry of product announcements, IBM and Sun Microsystems have intensified their heated battle to dominate the Web services market. In this round, the two behemoths are targeting the developer community, with Sun taking the wraps off of its Sun Open Net Environment Application Services Refere...

Report: Tech-Driven Productivity Costs Jobs

Increased productivity, made possible by new technology, has been responsible for many of the record-setting job cuts of recent years, according to a report from Challenger, Gray & Christmas. CGC said its survey of U.S. corporations found that the most productive industries top its list of co...

Dot-Com Job Losses Spike in May

Underscoring the fragility of the economic recovery in the tech sector, Internet companies slashed 2,078 jobs in May, three times as many as in April, according to a report from outplacement firm Challenger, Gray & Christmas. "We're probably going to continue to see consistent job cutting," C...

E*Trade CEO To Return $21M in 2001 Compensation

Seeking to repair an embarrassing discrepancy between the pay of its top executive and the company's staggering financial losses, E*Trade said it has rewritten the contract of CEO Christos M. Cotsakos. Under the new contract terms, Cotsakos will repay about $21 million worth of compensation he re...

Dot-Com Job Losses Dip Below 1,000 in April

Internet-related companies fired 824 workers in April, marking just the second time in two years that the sector's monthly job loss total has been below 1,000, according to outplacement firm Challenger, Gray & Christmas. The number of job cuts fell 47 percent from March, when 1,549 cuts were ...

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