'Old boys network'
By John Oates 3rd November 2008
Four former senior Dell HR executives, all women, have filed a $500m class action that accuses the company of systemic gender and age discrimination. The lawsuit, filed last week in U.S. District Court in the Northern District of California, alleges Dell unfairly targeted women and employees over 40 in the big round of recent lay-offs, which sees 10 per cent of staff worldwide - about 8,800 in total - losing their jobs. The cull will result in men holding 80 per cent of management positions, according to the lawsuit. Dell is also accused of "gross pay and promotion inequities" in its treatment of women. The lawsuit seeks to change "Dell's discriminatory policies regarding pay, job placement, promotion, and termination. The lawsuit demands $500 million in damages for a class of thousands of current and former Dell female managers and executives, and older employees disproportionately affected by the company's mass layoffs in 2007 and 2008," law firm Sanford Wittels & Heisler said, in a press release.
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Monday, November 3, 2008
Update: Circuit City Announces Plans to Close 155 Stores
By Brandon Hill - November 3, 2008
Circuit City's stock price has dropped over 90% since the start of the year and this past Thursday, the company was warned that it could be booted from the New York Stock Exchange. It appears that that closing time is finally arriving for what's left of Circuit City's nationwide chain. The Consumerist reported today that Circuit City plans to close 155 of its 711 stores nationwide. According to sources close to the company, employees of the affected stores were told this morning about the closings. The store closings will be effective 12/31/2008 and according to at least one report, Firedog and car installation employees will likely be fired within 48 hours.
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Circuit City's stock price has dropped over 90% since the start of the year and this past Thursday, the company was warned that it could be booted from the New York Stock Exchange. It appears that that closing time is finally arriving for what's left of Circuit City's nationwide chain. The Consumerist reported today that Circuit City plans to close 155 of its 711 stores nationwide. According to sources close to the company, employees of the affected stores were told this morning about the closings. The store closings will be effective 12/31/2008 and according to at least one report, Firedog and car installation employees will likely be fired within 48 hours.
Read more here -->Link
Microsoft: Windows 7 will fix, avoid Vista mistakes
By Elizabeth Montalbano; Eric Lai November 3, 2008
Microsoft Corp. last week publicly demonstrated Windows 7 for the first time, and company executives said that the planned operating system upgrade will reflect lessons learned from the rollout of Windows Vista. In a speech at Microsoft's Professional Developers Conference in Los Angeles, Windows development chief Steven Sinofsky said that some of the criticism targeted at the vendor over Vista was deserved. Sinofsky acknowledged that Microsoft hadn't fully prepared its business partners for Vista's release, which resulted in incompatible applications and a lack of hardware drivers. It won't repeat that mistake with Windows 7, he said. Microsoft also plans to modify its User Account Control security feature in Windows 7 so the tool is less disruptive than it is in Vista. Sinofsky said the company "went a little too far with UAC" in Vista, which can hit even authorized users with frequent pop-up windows containing security prompts and notices.
Read more here -->Link
Microsoft Corp. last week publicly demonstrated Windows 7 for the first time, and company executives said that the planned operating system upgrade will reflect lessons learned from the rollout of Windows Vista. In a speech at Microsoft's Professional Developers Conference in Los Angeles, Windows development chief Steven Sinofsky said that some of the criticism targeted at the vendor over Vista was deserved. Sinofsky acknowledged that Microsoft hadn't fully prepared its business partners for Vista's release, which resulted in incompatible applications and a lack of hardware drivers. It won't repeat that mistake with Windows 7, he said. Microsoft also plans to modify its User Account Control security feature in Windows 7 so the tool is less disruptive than it is in Vista. Sinofsky said the company "went a little too far with UAC" in Vista, which can hit even authorized users with frequent pop-up windows containing security prompts and notices.
Read more here -->Link
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