Yahoo sees weak profit, plans layoffs

Article Abstract:

Yahoo reported weak profit and revenue for 1st qtr 2001. As a result, the company is laying off 12%, or 420, of its 3,500 employees within Apr 2001. The company, which is one of the crown jewels of the Internet economy, is blaming the drought in dot-com advertising and the flagging economy for weaker profit. Yahoo announced that it will save $40 million in 2001 from layoffs and cutbacks in travel, marketing and other expenses.

Sales, profits & dividends, Online information services, Yahoo! Inc.

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Hewlett-Packard founder remembered with love

Article Abstract:

Hewlett-Packard Co (H-P) founder William Hewlett passed away on Jan 12, 2001, at the age of 87. He died in his sleep at his home in Palo Alto, CA. Hewlett was universally regarded as a founding father of Silicon Valley and a high-tech visionary whose business and management practices revolutionized Corporate America over decades. H-P employees remember him as a person with a good heart and humble values.

Executive changes & profiles, Hewlett-Packard Co.

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Teams sport high-tech to woo fans, train players

Article Abstract:

More and more sports teams and high-tech firms are utilizing technology to dazzle fans, train players and enhance sports venues.

Marketing procedures, Industry Market Data, Sports Teams and Clubs, Nonmanufacturing technology, Sports clubs, managers, & promoters, Professional Sports, Brief Article

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