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Articles about Unpaid Leave

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HP offers EDS staff unpaid leave, cuts in hours

HP has emailed EDS staff offering unpaid leave and temporary cuts in hours and wages in an attempt to cut costs. Before the end of October staff can take either unpaid leave or a reduction in working hours. All breaks need to be negotiated with managers and there is a minimum take-up of five days. Workers can either take a week …
John Oates, 17 Jul 2009

Female! ex-Yahoo! coder! says! female! boss! fired! her! for! refusing! sex!

A female ex-Yahoo! employee has filed suit against Maria Zhang, a top company exec, alleging that Zhang retaliated against her and ultimately had her fired from the Purple Palace after she refused Zhang's sexual advances. In documents [PDF] filed with the California Superior Court in Santa Clara on Friday and obtained Monday by …
Neil McAllister, 14 Jul 2014

HP Enterprise Services staff feel the burn as managers turn off the cash taps

HP is turning the screws on folk in its Enterprise Services (ES) division to squeeze out overheads in a bid to hit "specific Must Do Numbers" for fiscal '14. On a global basis, ES revenues slipped seven per cent year-on-year in Q2 (May quarter) to $5.7bn and profit before tax was flat at $144m - the figures are not broken down …
Paul Kunert, 20 Jun 2014

Dell pressures workers into leave without pay

Nearly all employees at Dell are being asked to take a week of unpaid leave. If they don't obey, another round of layoffs will begin. Workers at the Round Rock-based PC vendor recently got an email memo from founder and CEO Michael Dell outlining the company's latest efforts to cut costs this quarter. Part of Dell's scheme …
Austin Modine, 05 Nov 2008
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CSC freezes UK pay

CSC will freeze pay for all UK staff this year in a bid to survive the recession, managers have been told. It's the latest in a series of cost-cutting measures for the outsourcing firm, which have included compulsory unpaid leave, Christmas bonuses being replaced with a mince pie and extensive job cuts. Pay was also frozen in …
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Dell CTO Kevin Kettler to step down in January

Dell has confirmed its chief technology officer Kevin Kettler plans to step down soon, although the PC vendor is adamant his retirement is not a part of Dell's recent layoffs and cutbacks. Cnet first reported Kettler's imminent departure, which is expected to be announced officially by Dell within the next few days. He's already …
Austin Modine, 13 Nov 2008
hands waving dollar bills in the air

HP forces swingeing pay cuts on EDS staff

HP is asking US based EDS staff to take their third pay cut of the year - this time as much as 30 per cent of their salaries. Staff in the UK and Ireland have already been asked to take cuts of up to five per cent, and have also been encouraged to take unpaid leave over the summer. But The Dallas Morning News reports that EDS …
John Oates, 06 Aug 2009
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Spin-down Copan spins itself down some

Persistent data storage supplier Copan is downsizing with staff layoffs, unpaid leave and staff paycuts. The startup company's board heeded the Sequoia Capital recession slide deck and prompted CEO Mark Ward to revise his plans for the company, whose main product is the Revolution MAID array with up to 75 per cent of its drives …
Chris Mellor, 24 Nov 2008
The Register breaking news

Yahoo! shuts! for! Christmas!

Yahoo! is making sure all its staff get a bit of Christmas cheer this year by sending them all home for a week's holiday between Christmas and New Year. The internet bellwether is shutting all its US offices for the week and asking all employees to take either paid or unpaid leave. In email to staff, Libby from HR said: "This …
John Oates, 26 Sep 2006
The Register breaking news

Hewlett-Packard to can an extra 6000 jobs

Hewlett-Packard is going to can an extra 6,000 workers and says it expects sales to fall 14-16 per cent year on year in its Q3, ending 31 July. Carly Fiorina, HP chairman and chief exec, has said revenues from the consumer business will be down 24 per cent. Her good news is that the outsourcing and consulting businesses are …
Robert Blincoe, 26 Jul 2001
The Register breaking news

Hynix to axe 20% of overseas staff

Hynix plans to make 20 per cent of its overseas workers redundant and force the rest to take 30 days' unpaid leave - all to reduce the debt-laden chip maker's costs. The move comes a week after the company announced it had lost a massive 1.6 trillion won ($1.25 billion) for its previous quarter. Hynix has already cut its …
Tony Smith, 26 Oct 2001
For Sale sign detail

Copan chief walks the plank

MAID storage array supplier Copan Systems has parted company with CEO Mark Ward. The departure is abrupt, and there is no replacement CEO. Chief Technology Officer and co-founder Chris Santilli said "I can confirm that Mr Ward is no longer CEO of Copan Systems. It was a sad time to see him go." Copan supplies MAID (Massive …
Chris Mellor, 17 Jul 2009
The Register breaking news

US telco boss in $241,000 strip club bill shocker

The boss of US IT firm Savvis is on unpaid leave while his firm attempts to get to the bottom of whether or not he blew $241,000 on his corporate credit card in a New York strip joint. According to American Express, Robert McCormick - accompanied by three chums - flashed the plastic in Scores nightclub and then disputed the …
Lester Haines, 26 Oct 2005
The Register breaking news

Jaw droppers of 2008 - what they'd rather you forgot

Optimism drives the IT industry and - in particular - Silicon Valley, a place where people look to the future and try to forget the painful past. Here, then, is The Register's list of the worst, most cringe-worthy and jaw-dropping moments from the last 12 months that people would probably prefer to forget about. Nine wags of the …
Gavin Clarke, 22 Dec 2008
The Register breaking news

Sun McNealy's pay down 98% this year

Sun Microsystems boss Scott McNealy expects to receive only his basic salary this year, as the slowdown in the IT market means top execs will have to forgo their usual stratospheric bonuses. Today's Financial Times reports that McNealy, who received a $4.7m bonus last year will receive nothing this year. "I'm basically working …
John Leyden, 11 May 2001