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Monday, June 1, 2009


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The Success Of Bank Can Hinge On IT Talent Retention

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In these days of accelerated mergers and acquisitions, it's important for banks to remember the people who keep the institutions running -- IT workers. Technology staff are usually on the front lines of any M&A activity and are vital to ensuring that there are no interruptions in operations and service. Unfortunately, however, they also are often at the front of the line when it comes to ...

Axcelis Cuts Another 20% Of Workforce

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SAN FRANCISCO—Semiconductor manufacturing equipment vendor Axcelis Technologies Inc. said Wednesday (May 20) it has cut about 235 jobs, or 20 percent of its global workforce, since the end of 2008. Previous cost saving actions announced by Axcelis (Beverly, Mass.) included furloughs, plant shutdowns and layoffs. Last October the company cut about 200 positions, or roughly 14 percent of its ...