Posts Tagged ‘Stock’

Yahoo Planned for Company Downsize because of Q3 Profit Drop

Tuesday, October 21st, 2008

Yahoo announced today 10% lay off of company employees because of the disappointing third quarter profit and also due to recent financial crisis. The cost cutting measure is going to save $400 million for the company.

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Posted in Business News, Enterprise Software | No Comments »

The Market Capitalization of VMWare Drops by 25% due to the Exit of the CEO

Tuesday, July 8th, 2008

The virtualization  company,  VMware Inc. (NYSE: VMW) has made an announcement of a significant management change this morning.  Diane Greene is departing as the company’s President and CEO.

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Posted in Open Source Platform, application software | No Comments »

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