Friday, January 23, 2009

layoffs hit IT industry

jan 22, 2009

intel to lay off 5,000.

microsoft (microsoft? the moneybags?) to lay off 5,000.

but amidst the gloom and doom, ibm reported better-than-expected earnings. so did apple. and google did ok.

meanwhile, cisco is entering the server market with boxes bundled with virtualization software, a direct threat to ibm, hp etc.

we do live in interesting times.

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