Downsizing- In a business enterprise, downsizing is reducing the number of employees on the operating payroll. Some users distinguish downsizing from a layoff , with downsizing intended to be a permanent downscaling and a layoff intended to be a temporary downscaling in which employees may later be rehired. Businesses use several techniques in downsizing, including providing incentives to take early retirement and transfer to subsidiary companies, but the most common technique is to simply terminate the employment of a certain number of people.
McClatchy Plans to Cut 1,400 Jobs, 10% of Workforce
June 16 (Bloomberg) -- McClatchy Co., owner of the Miami Herald and 29 other daily newspapers, will cut about 1,400 jobs, or 10 percent of its workforce, to save $70 million annually after a record drop in industrywide advertising sales.
The reductions are part of a plan to cut costs as much as $100 million in the next four quarters, Sacramento-based McClatchy said today in a statement. The Miami Herald plans to eliminate 250 positions, or 17 percent of its staff, and the Charlotte Observer will cut 123 positions, or 11 percent, the newspapers reported.
Tribune Co. and New York Times Co. have also reduced staff to save money as companies that historically advertised in newspapers shift their spending to the Internet. Newspaper print ad sales slumped 14 percent in the first quarter, the most on record, the Newspaper Association of America said June 13.
Causes of downsizing:
*Ad sales at McClatchy, which also publishes the Sacramento Bee, fell 17 percent in May after a 15 percent decline in the first quarter.
*The company was hurt by the housing market slump in California and Florida, where it owns eight daily newspapers.
*McClatchy fell 11 cents to $8.04 at 4:01 p.m. in New York Stock Exchange composite trading. The shares have declined 36 percent this year.
*The stock has lost 84 percent of its value since the company announced plans in March 2006 to acquire Knight Ridder Inc., the second-largest U.S. newspaper chain at the time, for $4.1 billion.
The job cuts will come through attrition, employee buyouts and firings.
Reference:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aeB.8az79vQA
http://www.bitpipe.com/tlist/Downsizing.html
Saturday, June 28, 2008
Saturday, June 21, 2008
Assignment #2
5 online job services 1. Computer graphic artist > Skilled professional that design ads at an agency and uses graphic design skills in the world of Web Design. 2. Online Consultant > An experienced individual that offers an online consultation, trained to analyze and advise a client in order to help the client make the best possible choices. 3. Customer service and support > It is part of a company's customer relationship management (CRM) department that interacts with a customer for their immediate benefit, including components such as the contact center, the help desk, and the call management system. 4. Network Administrator > A computer expert who is responsible for the maintenance of computer hardware and software that comprises a computer network. It is also related to network specialist and network analyst. The administrator is responsible for the security of the network. Their work can also include the maintenance of the network's authorization infrastructure, as well as network backup systems. 5. Web Developer > Is responsible for programming the functionality of a website. A web developer is a software developer who is specifically engaged in the development of World Wide Web applications, or distributed network applications that are run over the HTTP protocol from a web server to a web browser. Developers often specialize in either front-end or back-end work. Source: http://searchcrm.techtarget.com/dictionary/definition/what-is-customer-service-and-support.html http://www.mariosalexandrou.com/definition/web-developer.asp www.wikipedia.comhttp://www.google.com.ph/search?hl=en&q=web+developer+definition&meta >>Among the 5 online jobs that I have mentioned, I really appreciate the job of a network administrator. According to my research, the responsiblities of a network administrator are not that easy, he/she should be an expert to excel on this field. But I prefer to be a web developer because it's much related to my course and I hope I can apply my learnings with this job someday. |
Saturday, June 14, 2008
Human Resource Managenent assign #1
Job: Web Developer
Description: seeking talented, experienced, and creative online community developers with a minimum of 2 years experience in website development and familiar with social networking websites (friendster, myspace, facebook, etc.)
Needed Qualification:
*proficient in HTML, CSS, and Javascript
*can implement web pages using mockups/prototypes/templates
Personal Qualifications:
*someone open minded, professional, respectful of himself/herself and others
*excellent communicator
*organized, honest, ethical, and a hard worker
Salary: PHP 25000
Description: seeking talented, experienced, and creative online community developers with a minimum of 2 years experience in website development and familiar with social networking websites (friendster, myspace, facebook, etc.)
Needed Qualification:
*proficient in HTML, CSS, and Javascript
*can implement web pages using mockups/prototypes/templates
Personal Qualifications:
*someone open minded, professional, respectful of himself/herself and others
*excellent communicator
*organized, honest, ethical, and a hard worker
Salary: PHP 25000
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