Microsoft Firees Can Keep All Their Severance Pay

Microsoft watcher Ina Fried reports that the company won't be taking back severance "overpayments", even though it confirmed it did ask for them initially. The truth is, despite numbers reported in the thousands, only 25 people were overpaid, somewhere between $4000 and $5000, according to Microsoft HR head Lisa… » 2/23/09 8:26pm 2/23/09 8:26pm

Sprint Asking Employees to Please Resign, Pretty Please

Some companies, like Dell » 11/20/08 8:40pm 11/20/08 8:40pm, are encouraging employees to take a day or two off—unpaid, natch—to help the company save money. Then there's Sprint. Oh, Sprint. Bleeding cash and customers way before the new great depression took root, its most recent quarter , so we're not surprised to hear that they asking employees to…

Dash To Can Its Hardware Biz, License Its Web-Connected Nav OS To Other…

We've always been fans of the Dash Express » 11/03/08 1:57pm 11/03/08 1:57pm, with its real-time web-delivered traffic monitoring and its constantly evolving app platform. Somewhat sad news today is that Dash Navigation will be pulling out of the consumer hardware business entirely and cutting 50 jobs (two-thirds of its work force)-enabling them to…

Tesla Motors Gets a $40m Cash Recharge, Probably Won't Disappear

Fresh off a pretty huge round of layoffs » 11/03/08 5:42am 11/03/08 5:42am, their Detroit office closure and a about their solvency, Tesla Motors has been promised $40m in financing. Considering the fact that Elon Musk, and the owner of the company, had just a few weeks ago that the company only had about $9m in bank, this new investment probably…

Computers Screw Stock Market Even More Than It's Already Screwed

As if we didn't have enough with the stock market going down in flames on its own, computers have decided to screw them a little bit more and make everyone go "WTF" for a few minutes this morning. After dropping around two hundred gazillion points yesterday, today the Dow Jones industrials saw another drop of 700… » 10/10/08 12:42pm 10/10/08 12:42pm

Question of the Day: Is the Recession Killing Your Gadget Budget?

The economy sucks. Even if the government is still afraid of the "r word," real people know we're living in recession land. That means cutting back: Wal-Mart is even launching quasi-permanent recession sales. Usually, the first stuff to go is whatever doesn't go in our mouth or keep us dry—like gadgets. So here's the… » 4/08/08 7:30pm 4/08/08 7:30pm