Because of the recent losses of Google employees such as engineers, designers and sales executives, the company is using an algorithm to help it determine which of their 20,000 workers would be most likely to quit. Based on information from employee and peer reviews, surveys, and promotion and pay raises, details are sketchy as to details of the formula. While it seems like an interesting idea, we are not sure that math can account for those workers who simply have a bad hair day, go ballistic and split.
Read More | Wall Street Journal
Yet another company is suffering from the bad economy. Logitech announced that sales were down in Q3 2009. Sales amounted to $627 million, a decrease of 16% compared to $744 million in the same quarter last year. In addition to them reducing their operating expenses, they will be cutting back about 600 employees. The beleaguered company will be restructuring over the next year and has hopes that it will see results beginning in 2010.
Read More | Logitech