{"id":1728,"date":"2007-06-01T14:49:37","date_gmt":"2007-06-01T19:49:37","guid":{"rendered":"http:\/\/austin.metblogs.com\/2007\/06\/01\/free-time-layoffs-hit-for-dell-and-freescale\/"},"modified":"2007-06-01T14:49:37","modified_gmt":"2007-06-01T19:49:37","slug":"free-time-layoffs-hit-for-dell-and-freescale","status":"publish","type":"post","link":"https:\/\/thechunk.com\/blog\/archive\/free-time-layoffs-hit-for-dell-and-freescale\/","title":{"rendered":"Free Time: Layoffs Hit for Dell and Freescale"},"content":{"rendered":"<p>If you notice a few more people hanging out at your local coffee shop during the day, they probably work for Dell or Freescale. Dell <a href=\"http:\/\/money.cnn.com\/2007\/05\/31\/technology\/dell_earnings\/index.htm?eref=rss_topstories\">announced yesterday<\/a> a 10% cut in staff over the next 12 months and Freescale <a href=\"http:\/\/www.theregister.co.uk\/2007\/05\/31\/freescale_tightens_belt\/\">handed out pink slips on Wednesday<\/a> to an undisclosed number of its 5,400 local employees, including a friend of mine.<\/p>\n<p>This follows the <a href=\"http:\/\/www.bizjournals.com\/austin\/stories\/2002\/05\/06\/daily14.html\">AMD layoffs early last month<\/a> and announcement from IBM that they&#8217;re <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601103&amp;sid=aabq.NIee8xk&amp;refer=news\">cutting down their Global Services divison<\/a>, following an <a href=\"http:\/\/www.pbs.org\/cringely\/pulpit\/2007\/pulpit_20070504_002027.html\">opinion column<\/a> from Robert Cringely predicting that they&#8217;ll be instituting massive layoffs. I don&#8217;t think there are very many Global Services workers based in Austin, but somebody can correct me on that one.<\/p>\n<p>Taking out the 9\/11 factor, are we headed for another 2002-like downturn? I saw some people mention that they thought Austin wasn&#8217;t as tech heavy now, so it wouldn&#8217;t hit as hard, but this seems like a lot of jobless tech workers dumped into the market in one month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you notice a few more people hanging out at your local coffee shop during the day, they probably work for Dell or Freescale. Dell announced yesterday a 10% cut in staff over the next 12 months and Freescale handed out pink slips on Wednesday to an undisclosed number of its 5,400 local employees, including <a href='https:\/\/thechunk.com\/blog\/archive\/free-time-layoffs-hit-for-dell-and-freescale\/' class='excerpt-more'>[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1728","post","type-post","status-publish","format-standard","hentry","category-uncategorized","category-1-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3fonJ-rS","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/posts\/1728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/comments?post=1728"}],"version-history":[{"count":0,"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/posts\/1728\/revisions"}],"wp:attachment":[{"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/media?parent=1728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/categories?post=1728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thechunk.com\/blog\/wp-json\/wp\/v2\/tags?post=1728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}