China Financial Daily

December 24, 2009

AOL layoffs: AOL board of directors approved layoffs in a third of the total number, so about 7,000 people will be laid off

Filed under: Financial News — Tags: — sherry @ 8:12 am -0800

AOL layoffs: AOL board of directors approved layoffs in a third of the total number, so about 7,000 people will be laid off
News on December 23, 2009: According to foreign media reports, AOL Tuesday announced that its Board of Directors has approved a plan to lay off one-third of the current AOL the total number of employees is about 7,000. The layoff plan is AOL’s previously announced cost-cutting plan as part of the content.

AOL side said that the layoffs are expected to produce up to 200 million U.S. dollars in restructuring costs, including payment to employees of the 150 million U.S. dollars in severance pay and allowances.

Earlier this month, AOL has officially spun off from Time Warner in.

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Sun layoffs: Sun open source project large-scale layoffs for over 3,000 people

Filed under: Financial News — Tags: — sherry @ 8:09 am -0800

Sun layoffs: Sun open source project large-scale layoffs for over 3,000 people
At the end of November, thousands of Sun employees receive the message, the company will no longer need their services, and this plan will take effect in January next year. Layoffs were expected for people, but such a large scale lay-offs have far exceeded expectations.

In addition to the normal layoffs resulting from merger – finance, human resources, marketing, promotion – Sun has laid off many employees involved in open source projects, including those directly involved in MySQL, from that point of view, it carries out the performance of Oracle’s commitment to the European Union .

Sun staff involved in open source projects are many, ranging from support engineers and extension workers, until the sales and R & D personnel. A source said that the staff involved as many as 3,000 people.

Oracle did not respond for this.

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December 22, 2009

China New Land King was born in Guangzhou, Guangzhou Asian Games City land was auctioned at 25.5 billion

Filed under: Financial News — Tags: — sherry @ 7:50 am -0800

China New Land King was born in Guangzhou, Guangzhou Asian Games City land was auctioned at 25.5 billion
News on December 22: “Land of the Guangzhou Asian Games City” was auctioned at 3 pm today, after raising cards for 44 times, and the joint team, consisting of Fuli, Yajvre and Biguiyuan, won the land by 25.5 billion yuan, which created a new record in China.

Previously, experts believed that the property market due to the recent regulatory policies are rolled out, the city is expected to host the Asian Games final transaction price is not more than 20 billion yuan.

Guangzhou Asian Games City block up to 16.5 billion auction reserve price, so a joint bid to become a major part of the land. These include insurance benefits, Vanke, China Ocean consortium consisting of state-owned enterprises,joint team, consisting of Fuli, Yajvre and Biguiyuan, while state-owned enterprises chiefs, CITIC property is single-handedly to attend the meeting.

It is learned that the land covers an area of up to 2.63952 million square meters, with a total construction area of 4.38 million square meters, commercial building area of 207.6 thousand square meters, an area of 3.8488 million square meters of residential buildings.

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