Post Tagged with: "Pay cuts"

  • Seagate getting rid of 20 percent of VP-level-and-above jobs

    Seagate getting rid of 20 percent of VP-level-and-above jobs

    Seagate Technology, the Cayman Islands disk drive maker that operates out of Scotts Valley, today announced that it is terminating five senior vice-presidents and 17 vice-president-level employees

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  • Paycuts at Cypress Semi begin next quarter

    Paycuts at Cypress Semi begin next quarter

    Cypress Semiconductor will be cutting pay of “all applicable employees, including executive officers” on a sliding scale, at the beginning of its next fiscal quarter. In connection with the plan, […]

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  • Akeena cuts work force 25%; trims pay and hours of those left

    Akeena cuts work force 25%; trims pay and hours of those left

    Akeena Solar’s share price and workforce got about 25 percent smaller Thursday after the Los Gatos solar power systems supplier and installer released results for its 2008 fourth quarter that […]

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  • Spansion restores executive pay as it lays off 3,000

    Spansion restores executive pay as it lays off 3,000

    In one of the most breath-taking pieces of pretzel logic we’ve ever seen, Spansion’s board of directors last week restored the 10 percent cut in pay given to its executive […]

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  • Agilent laying off 500 full-timers, cutting pay for everybody else

    Agilent laying off 500 full-timers, cutting pay for everybody else

    The “impacts of future restructuring” that Agilent Technologies hinted at last week took on more shape today when the company filed its plans to layoff 500 employees, or about 3 […]

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