'Soft firings' distinguish renren in goodwill department

Article Abstract:

Hong Kong Internet company renren.com laid off a third of its employees through soft firings, a human resource technique that provided Anthony Cheng's displaced employees with benefits such as extra compensation and outplacement services. In order for soft firings to be widely practiced in Asia, companies have to reorganize their human resources departments.

Author: Shu Shin Luh
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
Asia, Management development, Social aspects, Employment, Layoffs, Cheng, Anthony, renren.com

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Yahoo! buys Taiwan portal

Article Abstract:

Yahoo! Inc. will acquire Taiwan-based Kimo.com in an all-stock transaction valued at more than $146 million at Yahoo's current share price. The transaction marks one of Yahoo's biggest purchases in the Asian region and will help the company expand markets in China, as well as securing the four million registered users of Kimo.com.

Author: Ling, Connie
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
United States, Taiwan, Asset sales & divestitures, Acquisitions & mergers, Mergers, acquisitions and divestments, Yahoo! Inc., YHOO, Kimo.com

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DotMedia to cut 20 jobs

Article Abstract:

DotMedia Studios Ltd. announced that it will downsize its Hong Kong labor force by 20 people. The firm is also transferring most of its businesses to India and China in order to save costs.

Author: Ling, Connie
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2000
DotMedia Studios Ltd.

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Subjects list: Management, Human resource management, Online services, Internet services, Hong Kong
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