China Financial Daily

March 31, 2009

Sun layoffs for 1,500 employees and the IBM acquisition

Filed under: Financial News — Tags: , — Nancy @ 3:51 am -0700

Sun announced to lay off 1,500 employees this week, or make ready for the IBM acquisition
March 31 News, according to foreign media reports, Sun confirmed today, this week the company would lay off 1,500 people, which was part of layoff plan announced in a few months ago. But analysts have said that this may be preparation for the acquisition of Sun.

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Nielsen layoffs for 1600 employees and its online business

Filed under: Financial News — Tags: , — Nancy @ 3:49 am -0700

Nielsen plans to lay off 1600 people during the year ,16% increase of online business become the bright spots
News on March 31, according to foreign media reports, the United States market research firm Nielsen analysts last week said on a conference call, the company in 2009 would plan to lay off 1,600 people, less than 5% of the total number of staff.

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GEM IPO approach and its implementation on May 1, 2009

Filed under: Financial News — Tags: , — Nancy @ 3:46 am -0700

Securities and Futures Commission released GEM IPO approach, which would be implement from May 1
News on March 31, the China Securities Regulatory Commission issued “IPO and GEM listing Interim Measures for the Administration”, which would come into effect from May 1. This means the GEM with the preparations for more than ten years is expected to formally open from May 1 .

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