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Posts with tag JobCuts

VUDU looks to integrate with TVs, DVD players


VUDU's been doing its darnedest of late to keep up with the slew of rivals looking to steal away every piece of market share they can, and a recent report over at CEPro sheds a little light onto how the company plans to both stay afloat and take off. As with most every other outfit, VUDU has also suffered through a few rounds of layoffs. Currently, the company employs about 50, which is down from a high of around 110. Co-founder Tony Miranz seems pretty optimistic about the future, though, noting that the outfit is being "bombarded with inquiries" from potential partners. Speaking of which, he also asserted that VUDU was -- at its heart -- a software company, and thus it was currently looking to integrate its top-shelf UI and movie delivery network into HDTVs, DVD / Blu-ray players and other standalone boxes. It's tough to say how such a shift would affect the firm. On one hand, you've got CinemaNow barely breathing, while Netflix has managed to execute this plan to perfection. Go on VUDU, roll the dice -- we'll be watching.

[Thanks, Ben]

Sharp closing down two LCD panel production lines, hacking 380 jobs


It's not pulling a Sony or anything, but even Sharp has been unable to absorb the downturn in flat-panel demand. We already knew that the firm was looking to scale back production by as much as 10% from the middle of this month, and our deductive reasoning skills are leading us to believe that this is the cutback we've been expecting. The outfit will be closing down two LCD panel production lines in Japan in order to "move production to a newer and more cost-efficient plant as the global downturn hits demand for electronic goods." Along with the closings will come 380 job cuts -- all temporary workers -- which will presumably be sent home when the lines halt for the final time in January.

Pioneer forecasts even wider net loss, names new president


As the flagging economy wreaks havoc on just about every mega-corp out there, the latest to publicly admit to being affected is Pioneer. After posting a rather significant loss earlier this year, the company is now guiding to a wider-than-forecast net loss of ¥78 billion ($789.9 million) for the year to March 31, blaming the surging yen and the slowing economy. The company is scheduled to nix its unprofitable plasma-panel operations by February and slash 2,000 jobs this fiscal year in order to counter the bleeding, and it looks as if former president Tamihiko Sudo is one of the first bigwigs to fall. As of November 16th, Susumu Kotani (pictured right) will take over that role, though we can't imagine he's looking forward to grabbing the captain's chair in such a turbulent environment.

[Via PC World, image courtesy of DayLife]

Audiovox exits the LCD TV business that no one knew it was in


Okay, so we're kidding. Sort of. Believe it or not, Audiovox actually was a very minor player in the LCD flat-panel industry, but no more. In an effort to counter "what is shaping up to be the worst economy in decades," CEO Patrick Lavelle decided to pull the plug on the LCD business and show 8% of his employees the way out for the final time. It's all good for the company though, because every worked-to-the-bone parent in America will be snapping up one of its Homebase Digital Message Centers.

Digeo lays off half of its employees, replaces CEO

Merely days ago, Digeo trumpeted a number of Moxi-related partnerships and simultaneously failed to give us any additional details as to when we could expect either of its standalone HD DVRs. Now, we could have a reason why. According to a breaking report from The Wall Street Journal, the firm is axing 50-percent of its staff (leaving 80 employees) and Mike Fidler, CEO, is handing over his position to Greg Gudorf, the company's current president and chief operating officer. As if that weren't enough, the report also claims that Digeo will "not release two digital media recorders that had been planned," and rather, it will "focus on a [single] next-generation consumer model." Notably, we aren't told whether or not said model is the HD DMR that's already out in beta testers' hands, but we suppose only time will tell. [Warning: read link requires subscription]

Update: We've now learned that the oft delayed Moxi Multi-Room HD DMR and the Moxi Home Cinema Edition DMR will not be released. Additionally, we're told that details about the firm's upcoming consumer DMR (which will be released) will be "announced later in the year." Full release posted after the jump.




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