Tag Archive | "Bermuda"

Accenture Cutting Hundreds of Executive Positions

Thursday, August 20, 2009

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Accenture Cutting Hundreds of Executive Positions

Tech consulting giant Accenture is cutting jobs, including 7% of its senior executives. The firm has 4,800 senior executives, and expects to let go at least 336. Revenue for the quarter should hit $5.2 billion, down from $6.6 billion a year ago. Hamilton, Bermuda-based Accenture Limited is a global management consulting, technology services and outsourcing company. It [...]

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Marvell Technology Cuts 850 Jobs

Friday, March 6, 2009

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Marvell Technology Cuts 850 Jobs

California’s Marvell Technology Group will cut 15% of its workforce, or 850 jobs. Marvell, which manufactures semiconductor components for the iPhone and BlackBerry, has seen a drop-off in demand. The job cuts will come from all areas of the company. The firm has imposed company-wide salary freezes, cut some salaries, suspended bonuses and consolidated facilities. Marvell posted a [...]

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