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Updated 5/4/2004; 4:14:40 PM
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Tuesday, April 13, 2004 |
Dot-com bust isn't over for workers
USA Today
By Michelle Kessler, USA Today
April 12, 2004
San Francisco - Four years after the dot-com bust, some tech companies are still slashing staff and restructuring operations.
Last week, business computer maker Sun Microsystems announced the latest details of a major overhaul, which include 3,300 layoffs and a partnership with former rival Microsoft. PC makerGateway this month announced plans to close all its stores and lay off 2,500 workers.
Sun and Gateway have made cuts several times since the dot-com bust of 2000. Yet they say more changes are needed....
Tech spending is up 1.4% this year, says technology research firm Gartner. That's far below boom-era growth, says Gartner analyst Marcus Blosch. "It's going to be another tough year."
Tech companies today must adjust to everything from new security risks to the increase in outsourcing, says Northwestern University management professor Wally Scott. Major changes also "take awhile to work through," says UNIVERSITY OF CALIFORNIA-BERKELEY BUSINESS PROFESSOR DWIGHT JAFFEE....
Source: UC Berkeley in the News
2:08:47 PM
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Letter to the Editor
Labor Think Tank Did Important Research
Los Angeles Times
April 13, 2004
Re "Labor Study Is Alone Under Gov.'s Budget Ax" (April 8), about the Institute for Labor and Employment at the UNIVERSITY OF CALIFORNIA - the sole research institute that the governor has targeted for elimination:
When I was a member of the ILE's research committee for its initial two years, we distributed funds to researchers at all UC campuses. Topics ranged broadly, from understanding how to expand health insurance coverage to studying how human resource policies affect organizational productivity, from examining the lives of second-generation Mexican immigrants over the state's history to reducing injuries and turnover among home healthcare workers. A key focus of almost all the projects was to provide research that would help policymakers make informed decisions.
It is surprising for the governor to cut funding on the topic he claims to care the most about: jobs. Moreover, it is a dangerous precedent for the governor to choose what topics are or are not appropriate for study at the UC.
DAVID I. LEVINE
PROFESSOR, HAAS SCHOOL OF BUSINESS, UC BERKELEY
Source: UC Berkeley in the News
2:06:53 PM
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