A few minutes back as we were going over a Nokia announcement (Nokia Streamlines Operations in Several Units and Functions) that’s actually about firing another 1,700 employees worldwide, we couldn’t help but wonder at the flexibility of the English language in dealing with what’s a straightforward issue – laying off or kicking out employees. Here […]
Our vote goes for Padmasree Warrior, the Chief Technology Officer of Cisco. Maybe because we think old is gold. Although a Methuselah-like 48, Padmasree still oozes sex appeal. With a cute bindi gracing the midpoint of her eyebrows, at the base of her forehead just above the nose bridge, Padmasree looks yummier than a Cold Stone […]
Loss-making Reader’s Digest Association Inc has signed a cost-cutting oriented $350 million, seven-year IT outsourcing agreement with India’s HCL Technologies. The agreement is supposed to cover Reader’s Digest Association’s entire IT landscape, spanning the gamut from infrastructure to applications. IT Support from Coolie Nations From low wage nations like India and Poland, HCL Technologies will […]
Un ‘f*&#*ng’ believable. Insurance giant AIG, which has received $170 billion in tax-payer funded bailout, is paying out over $700 hundred million in bonus and retention payments to its employees, according to the Washington Post. The feeble excuse – AIG is contractually obligated to pay the money. But U.S. courts have routinely thrown out contracts […]
News is what somebody somewhere is trying to suppress. The rest is advertising. – Lord Northcliffe, cited in New Yorker, March 9, 2009 P.21 Sadly, the news business is in dire straits in America these days. Every other day, it seems like a newspaper is folding in the U.S. The 150-year-old Rocky Mountain News shut […]
Hey guys, if you still haven’t watched Jon Stewart skewer the gasbag financial news network CNBC you are really missing something. Here’s an excerpt: If I’d only followed CNBC’s advice, I’d have a million dollars today provided I started with $100 million. – Comedian Jon Stewart. Related Links Jim Cramer gets F*&%$# by Jon Stewart