Stimulus Funds First, Layoffs Second?CRN's investigation into how tech companies used Recovery Act funds yielded some unsettling results. Watch this Valley View video for the details.
Our sister publication, CRN, set out to discover how technology companies benefited from the American Recovery and Re-investment Act (stimulus) funds, and found some surprising results -- specifically, that some of the top technology companies were awarded stimulus money, and yet also laid off thousands of employees. CRN's exclusive report on how these companies milked the stimulus drove us to include news editor Steve Burke on our most recent episode of Valley View, our live monthly Web TV show. We talked about how each of the top companies benefited and what conclusions should be taken from the report. You can watch the discussion in the video below.