Stimulus Funds First, Layoffs Second? - InformationWeek
IoT
IoT
IT Leadership // Team Building & Staffing
News
10/31/2012
10:54 AM
Connect Directly
LinkedIn
Twitter
Facebook
Google+
RSS
E-Mail
50%
50%

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.

Informationweek.com run-of-site player, used to publish article embedded videos via DCT. The same ads will be served on this player regardless of embed location.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
MedicalQuack
50%
50%
MedicalQuack,
User Rank: Moderator
10/31/2012 | 6:12:39 PM
re: Stimulus Funds First, Layoffs Second?
It's the old story of the business models...4 videos on Algo Duping, corporate America did it to the government again. Quote from one of the videos "the formula has a square root so it must be good, even though it is completely bogus"..good stuff...yes and time for new SEC and HHS directors for sure with some technology in their background as those without are the easiest to dupe. Been going on for years but now accelerated.

http://www.ducknet.net/attack-...
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of the Cloud Report
As the use of public cloud becomes a given, IT leaders must navigate the transition and advocate for management tools or architectures that allow them to realize the benefits they seek. Download this report to explore the issues and how to best leverage the cloud moving forward.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of November 6, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll