| Despite layoffs, Sky Not Actually Falling at Microsoft Glenn Weadock says the fact is, Microsoft could and should benefit from some slimming of the ranks. Microsoft layoffs add more fuel to H-1B fire Layoff announcements by IT vendors came fast and furious over the past two weeks. But it was Microsoft's that drew the attention of a U.S. senator, who said it was "imperative" that the company give job priority to U.S. citizens over foreigners with H-1B visas. Citrix slashing head count Citrix plans to cut 10% of its staff, or about 460 employees, the company said after posting disappointing earnings this week. Cisco acquires building systems specialist Cisco Tuesday announced that it has purchased privately held Richards-Zeta Building Intelligence, a provider of middleware that enables businesses to integrate building infrastructure and IT applications over an IP network. Laid-off Nortel workers lobby for severance Nortel froze severance packages for laid-off employees when it filed for bankruptcy protection two weeks ago. Those workers are now pleading with the company to restore their... Novell may make more acquisitions to fill product line Novell continues to look at acquisitions to fill its product line, Ron Hovsepian, the company's president and CEO, told reporters in Bangalore Monday. Why is Cisco spending lots of marketing dollars on WAAS? Cisco Subnet blogger Larry Chaffin writes: Cisco is touting NBC's use of Cisco WAAS to broadcast the Beijing Olympic Games. Did NBC try out other WAN acceleration providers? Plus: Riverbed adds WAN optimization to HP ProCurve gear - how will this affect Cisco? Shareholder activist targets Microsoft Craig Montgomery of The Crandrea Group is spearheading a grassroots shareholder activism movement that aims to oust Ballmer and turn Microsoft into a telecom player. Cisco in the home: Anonymous or poised for domination? Cisco seems to be making an elaborate multi-course meal out of making home networking easier. While we know some of the ingredients we’re still not quite sure what the final meal will become. IBM expands SaaS ecosystem IBM on Friday detailed a new ISV partnership, a move which, on the heels of cloud-related agreements penned last week with several universities, advances the company's cloud and SaaS realm. IBM mum on local job cuts IBM has kept mum on whether the company's alleged 4,200 staff layoffs in the United States will hit Australia. Juniper names ex-Nortel exec CMO Juniper this week named its third chief marketing officer in as many years with the appointment of former Nortel executive Lauren Flaherty. Wall Street trims back Cisco financials for the rest of the year Tech Trader Daily is reporting that some analysts have trimmed back predictions for Cisco's earnings for the fiscal year. Analysts expect a solid Q2 for Cisco While some financial analysts are cutting their expectations for Cisco's earnings for the rest of the fiscal year, MarketWatch is reporting that analysts expect Cisco to post solid Q2 results. Wall Street is expecting the networking giant to report an 8% slide in revenue to $9 billion. Brad Reese on Cisco: Are these the real reasons for Nortel's demise I am personally fascinated by the following comments that were made to a previous blog story of mine. The authors appear to be former Nortel and Bay Networks employees (keep in mind that none have been verified) offering comments as to the real reasons for the fall of Nortel. Dell to take $280M charge against Q4 earnings Dell will report a hefty charge against earnings when it reports its fourth-quarter financial results at the end of next month, the company announced Wednesday. Union: IBM layoffs now 4,200 - may go higher IBM's not-so-secret layoffs may have reached 4,200 Tuesday, according to Alliance@IBM, which believes that thousands of other employees will be loosing their jobs as well before the cuts end. IBM confirms job cuts A union that is trying to organize workers at IBM is reporting that the company cut more than 2,800 jobs recently, but an IBM spokesman would only confirm that some layoffs have occurred. AT&T sees income dip in fourth quarter of 2008 AT&T saw its income dip in the fourth quarter of 2008 as its $2.4 billion in earnings marked a 23% decline from the fourth quarter of 2007. Texas Instruments reduces workforce by 12% Texas Instruments on Monday said it was reducing its headcount by 3,400 as it gears up for a period of "prolonged" economic weakness. Former IBM exec gets green light to work for Apple Mark Papermaster, the former IBM executive who was blocked last year by a federal court from working at Apple, will be able to start his new job April 24, six months after he left IBM, according to terms of a settlement made public Tuesday. Apple and IBM settle legal dispute over hiring of Mark Papermaster iOnApple blogger Yoni Heisler reports that the legal tussles over Apple's hiring away of IBM top talent have been resolved. SAP will cut staff as full-year net income dips 2% SAP intends to reduce its global workforce to 48,500 staff by year-end, it said Wednesday. The company currently has more than 51,800 employees worldwide, according to its Web site. Dell, Cisco: Frenemies? Cisco and Dell have extended their global Solution Technology Integrator agreement to include Cisco's Nexus 5020 data center switching systems with Dell server and storage products. How will this relationship proceed once Cisco launches its blade servers? Cisco invests in video indexing company Cisco has invested an undisclosed amount in Digitalsmiths, a video indexing, analysis and publishing technology provider. | 
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Yeah, I think that Verizon is cooking the books, if you work for them, I would consider looking for a new job. Maybe you can start by viewing the salary ranges of other companies listed on Jobnob.com, that would be the way that I would start my search.
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