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Akamai Technologies, Inc.



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Akamai cutting 110

Akamai Technologies Inc. said Wednesday it was shedding 110 workers, or about 7 percent of its workforce.

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As its customers are squeezed, Akamai gets ready for slowdown

Despite the 110 layoffs disclosed on Wednesday by Akamai Technologies Inc. , the Cambridge company insists it hasn't fallen on hard times - yet. But many of Akamai's customers are being hammered by the recession, and chief executive Paul Sagan wants to cut costs early to prepare for an inevitable decline in revenue. "Being in denial and waiting unfortunately means ...

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Akamai job cuts raise questions among analysts

Akamai Technologies Inc.'s announcement Wednesday that it will lay off 7 percent of its workers was taken as a bad sign by analysts, prompting one to cut sales estimates below the consensus.

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Akamai to cut 7 percent of work force, 110 jobs

Akamai Technologies Inc., a Web content provider, said Wednesday it is cutting 7 percent of its work force in the fourth quarter as part of a restructuring to save on costs. The company said about 110 employees will be affected. It will take a restructuring charge of $4 million for severance and related expenses. Akamai said it also expects to recognize a loss on sublease income of about...

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Akamai to cut 7 percent of work force, 110 jobs

CAMBRIDGE, Mass. -- Akamai Technologies Inc., a Web content provider, said Wednesday it is cutting 7 percent of its work force in the fourth quarter as part of a restructuring to save on costs.

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Net firm Akamai to cut 110 employees in restructuring

Akamai Technologies Inc. , a Cambridge company whose vast network of Web servers delivers Internet content for e-commerce sites and other businesses around the world, said it will cut its global workforce by 7 percent, or about 110 employees.

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Akamai to cut 110 jobs, or 7% of global workforce

SAN FRANCISCO (MarketWatch) -- Akamai Technologies Inc. said late Wednesday that it will cut 110 jobs, or about 7% of its global workforce, in the fourth quarter to reduce costs. The company plans to take a quarterly charge of about $4 million as a result. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information...

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Akamai to cut 7 percent of work force, 110 jobs

Akamai Technologies Inc., a Web content provider, said Wednesday it is cutting 7 percent of its work force in the fourth quarter as part of a restructuring to save on costs. The company said about 110 employees will be affected. It will take a restructuring...

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Chip maker Lam Research cuts 600 jobs

... Corp (NSM.N: ) cut up to 10 percent, KLA-Tencor Corp (KLAC.O: ) up to 15 percent, and Akamai Technologies Inc (AKAM.O: ) 7 percent. (Reporting by Syantani Chatterjee; Editing by Gary Hill)

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Akamai to cut 7 percent of work force, 110 jobs

Akamai Technologies Inc., a Web content provider, said Wednesday it is cutting 7 percent of its work force in the fourth quarter as part of a restructuring to save on costs.

+Vote!

Akamai to cut 7 percent of work force, 110 jobs

Akamai Technologies Inc. , a Web content provider, said Wednesday it is cutting 7 percent of its work force in the fourth quarter as part of a restructuring to save on costs.

+Vote!

Negative Seasonal Pattern Stocks on Thursday the 20th of November 2008

... patterns for ProShares UltraShort MSCI Emerging Markets ETF in context. Intercontinental Exchange Inc ( ICE ) over the next 8 trading days. Look at the seasonal patterns for Intercontinental Exchange Inc in context. Energy Conversn Devices ( ENER ) over the next 8 trading days. Look at the seasonal patterns for Energy Conversn Devices in context. Turkcell Iletisim Hizmetleri ADS ( TKC ) over the...