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.NET News Desk Even Google Makes Layoffs
Initiates cut-backs but still intends to spend billions on R&D and acquisitions
By: Maureen O'Gara
Jan. 13, 2009 07:26 PM
It's also been cutting back on bennies like its famous free lunch. Other parts of filing are redacted in the name of trade secrets but despite the economy and its cratered stock Google still intends to spend billions over the next two years on R&D and acquisitions.
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The AP, God bless it, was rooting around SEC filings and discovered one sent in by Google on December 15 but not filed electronically and after some difficulty finally managed to lay its hands on a paper copy only to be rewarded with the revelation that the company has "jettisoned a substantial number of temporary workers in a recent austerity drive spurred by the recession" - maybe as many as 6,000 people.
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Swisscom, the Swiss telecom, is going into the cloud business.
Its subsidiary Swisscom IT Services AG has signed up with Red Hat as a Certified Cloud Provider and launched a public cloud Infrastructure-as-a-Service (IaaS) cloud targeting enterprise-class customers primarily in ...
CONGRATULATIONS to National Reconnaissance Office (NRO) CIO 
