Thursday, January 22, 2009

Yahoo cuts 20% of French Staff

Yahoo is cutting about 52 staff from its 251-strong French operation under the group-wide reductions announced from the company’s Sunnyvale headquarters in October.

The engineering staff is taking a big hit from the restructuring, as Yahoo’s French sites carry proportionally more engineers than other locations, the company told AFP: “The category of engineers is the most affected by the cuts at the global level.” The cuts will come from both of Yahoo’s French sites, in Paris and Grenoble.

Android Engineering Director leaves Google for Coupons.com

“Coupons, Inc., the leading provider of interactive coupon marketing and technology solutions and owner of the Coupons.com DigitalFSI Network, has appointed Steve Horowitz as Chief Technology Officer.

Horowitz, 41, joins Coupons, Inc. from Google where he led the engineering team that built the Android mobile operating system and platform which launched with T-Mobile late last year. At Coupons, Inc., Horowitz will oversee all of the Company’s worldwide engineering, product management and technology efforts as it expands its digital coupons and promotions platform.”, according to the company press-release

According to WSJ blog: “Mr. Horowitz, remains enthusiastic about Android, which enables phones to run advanced entertainment and productivity services“

Wednesday, January 21, 2009

US insurer Cigna Corp puts Satyam on notice

The worst nightmare for Satyam Computers employees has started to unfold. Barely two days after State Farm Insurance announced its intention to terminate its contract with Satyam, US-based health insurer Cigna Corp, one of the biggest Satyam clients put the company on a three-month "notice".

This was widely interpreted by employees as a termination of the important contract and plunged the software professionals into a sense of despair. "We are alternating between hope and hopeleness in recent days. This news comes as a shock," confessed a senior Satyam manager.

General Electric gives Satyam vote of confidence

General Electric (GE) has committed to continuing its work with IT services provider Satyam despite the $1bn internal fraud revealed at the Indian IT service provider earlier this month.

The vote of confidence from the world's third largest firm comes a day after US financial services company State Farm Insurance announced it had terminated its work with Satyam.

The companies work together in providing global healthcare infrastructures, with Satyam doing software development.

The announcement backs up Satyam's claim that most of its customers have said they will retain their contracts with the company.

UK: IT jobs decline by 24% in three months

According to ComputerWeekly: “Compared to the previous quarter, there were 24.3% fewer jobs advertised from October to December than there were from July to September. Some job roles saw larger drops in demand than others. Skills still in demand include Oracle, Java, SQL, C#, .net and SAP.”

“Finance is still the most affected sector, with a drop of 32.1% in demand. Software houses saw demand fall 21.6%, and manufacturing, retail and media all saw falls. The public sector was the only one to buck the trend, with 9.5% more jobs being advertised since the previous quarter.” “Recruitment is down by 27.5% in the north east of England, 17% in Scotland, 22.1% in the south of England, and 10% in Wales and the west of England.”

Warner Bros. to cut 800 jobs as Hollywood down

Related: Warner Bros. is preparing to outsource jobs to India and Poland
According to Reuters: “Warner Bros. Entertainment plans to cut 800 jobs, or 10 percent of its worldwide staff, as Hollywood outsources and downsizes under the weight of the current recession. The job cuts at Warner follow staff reductions at other major media companies. General Electric Co’s NBC Universal and Viacom, owner of Paramount, have already cut jobs.”