A free inside look at thousands of companies. Company salaries, reviews, and interviews posted anonymously by employees.
AOL’s recent announcement about their voluntary separation packages brings back the question of whether or not the acceptance of a voluntary package is a good thing or not in this economy? First of all, let’s be real about why companies offer voluntary packages. The reason is to soften the blow of what is coming and ... - Read full post
Survey says? Yes.
In our Q3 Employment Confidence Survey* conducted by Harris Interactive, employees report modest declines in layoffs and pay cuts at their companies than was reported last quarter – this has likely contributed to increased employee confidence and optimism relating to future downsizing, pay raises, bonuses, company outlook and ability to get re-hired.
A friend recently asked if it was time for them to start looking for another job. Before I could answer, I probed to understand the motivation of the question. Among many things, what I heard was that this person had a “haunting feeling” that things weren’t going well and they feared being laid off. ... - Read full post
The Bureau of Labor Statistics reported last week that the number of jobs lost in June was higher than expected with 470,000 job lost — 25,000 more than what was reportedly lost in May, pushing the national unemployment rate to nearly 10%. According to the Glassdoor.com Q2 Employee Confidence Survey conducted by Harris Interactive, companies are ... - Read full post
Forbes.com recently wrote a piece highlighting the top 5 cities with the most lay-offs thus far in 2009 according to the Bureau of Labor Statistics. As noted in the article, many of the cities broadly affected are those that are home to some of the largest companies- think car manufactures, financial capitals, hospitality hubs, etc. ... - Read full post
Retraining. It is soon to be the buzzword of this time. We have to face it that some of the jobs that have been cut are not coming back. During this downturn, many companies are having to figure out how to work differently and in turn may not go back to using as many resources ... - Read full post
General Motors Corp., trying to avoid a U.S.-backed bankruptcy on June 1, may close plants and scrap models as much as four years sooner than planned to lower its break-even point. According to Bloomberg, the cuts could mean GM would be profitable in a U.S. market with sales of as few as 10 million autos. ... - Read full post
A new report by J.P. Morgan announced that Cisco could be laying-off as much as 10% of their staff in the near future. This would amount to more than 6,500 employees in total, and would clearly make a significant impact on the company and further impact the tech industry. It would, however, save Cisco nearly ... - Read full post
All around us talented people are still losing their jobs and as many, if not more, are having their salaries cut from or capped at where it is today. Merit-based compensation increases in 2009 will likely be non-existent other than for a few rare and fortunate companies. And yes, we are all looking for the ... - Read full post
Today’s report on job numbers from the Bureau of Labor Statistics should come as no surprise to those following the news of layoffs closely. March marks the 15th consecutive month of job losses as unemployment rate rose to 8.5%, from 8.1% in February. With these new numbers, there are now 13.2 million people unemployed in ... - Read full post
Subscribe to the Glassdoor blog via RSS or
You can also follow the Glassdoor team here:
Voluntary Layoffs: Should I Stay Or Should I Go Now? by Rusty Rueff November 20th, 2009
Three Useful Tips To Format Your Resume by Hank Stringer November 20th, 2009
Clearview Counterpoint: Career Experts Divided On Medical Privacy Issue by Clearview Team November 19th, 2009
How To Circumvent The Resume Black Hole by Liz Ryan November 18th, 2009
Don't Let Your Ego Ruin Your Interview by Jeff Hunter November 16th, 2009