Job cuts

SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. HPQ 45.33, -1.64, -3.5%) on Monday said it would cut 24,600 jobs as part of its acquisition of Electronic Data Systems. The job cuts amount to about 7.5% of the combined company`s total workforce. H-P also said it would take a one-time charge of $1.7 billion in its fiscal fourth quarter related to integrating EDS` operations, and that it expects the restructuring to result in annual cost savings of $1.8 billion. H-P shares fell $1.64 Monday to c...
Submitted by Vaseem | Rated -1

Its Hillarious

Ultimate.... ......... ....I bet u can`t stop laughing. These are Girls profiles taken from shaadi . com These are actual ads on a matrimony site. Grammar and spelling errors have no place in a profile description as everything is straight from the heart! Disclaimer : I am not responsible if you forget your basic grammar after reading this mail... ~~~~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~~~~~~~ ~~~ - Hello To Viewers My Name is Sowmy...
Submitted by Ajay | Rated 0

Future CEOs may emerge from HR departments

Bangalore: Successful officers from marketing and finance departments were so far finding it easy to make it to the top posts like CEO or COO, but the present time suggests human resource (HR) directors to be having more qualities to take up such prestigious positions. In a tough economic situation companies are more conscious about employee relations and development. Leaders with strong people skills who can drive their work force to achieve high levels of performance are in great demand. A...
Submitted by Ajay | Rated 0

5 Tips for Hiring Great Employees

5 Tips for Hiring Great Employees 5 Tips for Hiring Great Employees This time last year employers had to be very creative to find great employees. This year the number of job seekers out there has more than doubled (according to the number of resumes posted on Monster.com anyway). Instead of having to search high and low to find a few great people, employers are bombarded with hundreds - or even thousands - of resumes. So how are you going to find the truly great employee? Recruiting for ...
Submitted by Sachin | Rated 0

HR, finance salary levels increase in IT Industry

MUMBAI: HR and finance executives of IT companies are giving stiff competition to the software engineers -- in terms of rising level of attrition and talent shortage. Industry experts and players say that while the attrition for IT professionals has touched a little less than 18 per cent for the industry, the same for support functions is as high as 20 per cent. Traditionally, more attention was given to core functions as they were seen as direct source of revenue than to support functio...
Submitted by Ajay | Rated 0

Teen suicides live on internet

Florida: A 19-year old Florida teen, Abraham Biggs, reportedly committed suicide in a bedroom at his home, broadcasting it live on the internet. The crazy part of the story is that some viewers incited him on, sat back to watch the live show and then discussed whether what they were seeing was real. A student of Broward Community College, Biggs swallowed a fatal dose of benzodiazepines, which he was prescribed for bipolar disorder, and opiates, after declaring on a bodybuilding website that...
Submitted by Ajay | Rated 0

IT firms increase work-hours for higher productivity

Bangalore: In order to offset the recessional setbacks, IT firms are resorting to the strategy of increasing the working hours. Many companies have also stepped up the monitoring of working hours to squeeze the maximum out of their employees, reports The Times of India. Some firms are closely keeping an eye on even the recess time of their employees. An extra minute taken during lunch time or coffee break will have to be compensated. Accenture India is perhaps the first MNC in India plann...
Submitted by Ajay | Rated 0

Background Checks Aid Employee Selection

Anyone who works for a business has stories to tell about candidates and background checking. I once called a potential employee’s first reference and found he had given me his wife as a reference. When I asked him what he was thinking, he replied that he had talked with his wife the night before his interview about whom he should use as references. She told him to pick people who liked him and would say nice things about him. Who better, he asked me. Hmm. On another occasion, I audited a c...
Submitted by Zaman | Rated 0

GRADUATION DAY

A young man was getting ready to graduate from college. For many months he had admired a beautiful sports car in a dealer`s showroom, and knowing his father could well afford it, he told him that was all he wanted. As Graduation Day approached, the young man awaited signs that his father had purchased the car. Finally, on the morning of his graduation, his father called him into his private study. His father told him how proud he was to have such a fine son, and told him how much he loved him...
Submitted by Zaman | Rated +1

WINNING MEANS GIVING IT ALL

As I approached the final mile of the race I realized there were only three opponents left. Obstacles standing between my goal and me.....the finish line. As I reached the first opponent, I closed my eyes and heard this message: "You only fail if you fail to try." I peddled with all my might and took his place. One down, two to go. As I neared number two I once again closed my eyes. Knowing this one would be harder, I searched for strength. Not only was I more tired than before, but this ...
Submitted by Zaman | Rated 0