Monday, October 20, 2008

Thinking About Getting Into the Tech Sector? Think Again

With recent news about more layoffs at Yahoo inc, Cnet has created a nifty scorecard of job losses within the tech sector. Too bad everyone of those numbers is a possible destroyed life and family, but hey, the grid looks great! Of course the tech sector has always been a volatile one, so who knows, maybe people are just shuffling around.

See the full and updated graph at Cnet.

Company Date How many Further reading

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Yahoo 10/21/2008? 1000+? Don't expect Yahoo gory layoff details yet

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Wikia 10/20/2008 30% of 43 Wikia lays off 30 percent of staff

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Veoh 10/20/2008 40% of 94 Veoh lays off 40 percent of staff, still lacks reason for being (Valleywag)

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Zillow 10/17/2008 25% Zillow lays off 25 percent of staff

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Zivity 10/17/2008 33% Zivity lays off a third of staff

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SearchMe 10/17/2008 20% Search engine startup SearchMe cuts 20 percent

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Heavy 10/17/2008 14% Downturn Strikes Again: Heavy Lays Off 14%

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Jaxtr 10/17/2008 13 13 Employees Laid Off At VoIP Startup Jaxtr

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Pandora 10/16/2008 20 Pandora cuts 20 employees

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Hi5 10/16/2008 10-15% No Hi5's Today

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Sirius XM 10/16/2008 50 Sirius XM makes cuts to XM in D.C.

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Adbrite 10/16/2008 40% 'Layoffs are not a statement about performance'

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Appcelerator 10/15/2008 6 Tough times, tough decisions

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Tesla Motors 10/15/2008 Detroit office Automaker Lays Off Detroit Office With Blog Post

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SkyRider 10/15/2008 All P2P startup SkyRider has shut down

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Jive Software 10/14/2008 33% Jive Software Lays Off 1/3 Of Staff

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Redfin 10/14/2008 20% Redfin blames economy in layoffs

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Seesmic 10/10/2008 7 Tough times. Tough decisions

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Lulu 10/9/2008 24 Lulu cuts jobs as revenues slow

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eBay 10/6/2008 1000 eBay buys Bill Me Later, lays off 1,000


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Gawker Media 10/3/2008 14% Gawker Media to lay off 14 percent of editorial st

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