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SGI Announces Restructuring, Cuts 400 Jobs
kerneljacabo writes "Yikes! SGI seems to be the lastest victim of the economic downturn. Today they announced an extensive 'restructuring,' which includes releasing about 10% (400) of their employess. Seems like no one is immune." SGI claims this'll save them $40M, as well as improve their performance next fiscal year.
Caught in an economic downturn? Force to cut jobs? I am shocked.
...SGI stands for jobs soon gone to India.
Sad. I spent many a fun hour in the SGI lab at university, hacking on GL and wondering if we would ever get consumer-level graphic cards that could do that.
Poor SGI.
Karma: Excellent Birds (mostly as a result of listening to Laurie Anderson)
From the page at the bottom: "About SGI [...] SGI was named on FORTUNE magazine's 2003 list of "Top 100 Companies to Work For." FORTUNE regrets the error."
slashdot: where everyone yells sarcastic metaphors to themselves to understand the issue
they're canning all 400 janitors and cleaning ladies
at $100,000 a year each, it really adds up quick!
"I would say that 99 per cent of what my father has written about his own life is false." - L. Ron Hubbard Jr.
$40,000,000 saved by cutting 400 employees...they SURE do spend a lot per employee! What's that, lifetime Jolt cola, personal 24-hr masseuses, and weekend company Jet usage?
There are a huge number of yeast infections in this county. Probably because we're downriver from the bread factory.
AT&T TO CUT WORKFORCE 120 PERCENT
Funny and brutally honest. Too bad they stopped putting out new stuff.
SGI is apparently still hiring (and hiring pretty young men to boot).
Yeah, but the ones they're firing are old and ugly.
If each of these 400 employees required an expensive SGI workstation on their desks, just think of the savings!
SGI is the only hardware that excites me more than Apple.
Obviously, you haven't seen a great pair of tits. Although on further reflection, they might be considered software, so never mind.
But for the typical Slashdotter, merely vaporware.
SGI is apparently still hiring (and hiring pretty young men to boot).
Well, I'm glad you think you're pretty.
I won't ask what 'booting' is in this context.
Whence? Hence. Whither? Thither.