Akamai cutting 110
The Boston Business Journal (Free subscription) | 20/11/2008
Akamai Technologies Inc. said Wednesday it was shedding 110 workers, or about 7 percent of its workforce.
The Boston Business Journal (Free subscription) | 20/11/2008
Akamai Technologies Inc. said Wednesday it was shedding 110 workers, or about 7 percent of its workforce.
Boston Globe (Free subscription) | yesterday
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 ...
Boston Globe (Free subscription) | 20/11/2008
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.
The Industry Standard (Free subscription) | 20/11/2008
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...
Seattle Post-Intelligencer (Free subscription) | 20/11/2008
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.
Boston Globe (Free subscription) | 20/11/2008
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.
Market Watch (Free subscription) | 19/11/2008
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...
San Fransisco Chronicle (Free subscription) | 20/11/2008
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...
The Washington Times (Free subscription) | 20/11/2008
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.
Reuters UK (Free subscription) | yesterday
... 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)
Boston Globe (Free subscription) | 20/11/2008
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.
DeepMarket Stock Market Blog (Free subscription) | 20/11/2008
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