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AT&T to cut 12,000 employees through 2009

AT&T will lay off 12,000 workers through 2009 as the company reorganizes and faces a tough economic environment, the company said Thursday.

| News | Business | 12/04/08 at 9:20 am |


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Adobe says it will cut 600 jobs, lowers revenue guidance

Adobe, hit by the global economic downturn, said it will cut 600 jobs and lowered its revenue expectations for the fourth quarter.

| News | Business | 12/03/08 at 8:51 pm |


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Cyber Monday online spending rises 15% over 2007

Cyber Monday lived up to its reputation for big online retail sales, triggering disproportionately high spending during this so far modest holiday shopping season.

| News | Business | Internet | 12/03/08 at 4:15 pm |


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RIM lowers outlook with preliminary Q3 results

RIM's preliminary results for its fiscal third quarter fell below its earlier forecast, with economic woes and product delays the prime culprits.



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