Microsoft to Cut 5000 Jobs

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]Microsoft, the software giant which has never laid off people till date, has announced that they are going to cut 5000 jobs over the next 18 months, including 1400 immediately. The job cuts will take place in research and development, marketing, sales, finance, legal, human resources and information

Upromise College Scholarship Increased to $500,000

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]UPromise is Giving Away 500,000 for College Scholarships this year!This move is a part of their mission to make college more accessible. So they've gone ahead and increased their scholarship fund to $500,000, which is twice that of 2008. It implies that 200 of the best and brightest students will receive

Bank of America to cut 35000 jobs over 3 years

The present dismal state of our economy and the recent merger with Merrill Lynch has coerced Bank of America (NYSE: BAC) into a decision of trimming down up to 35,000 jobs over a period of 3 years to stay in shape. America lost over half a million jobs in November alone and this announcement from BOA shows that things might get worse before we see any real improvements. More so since BOA is

2008's Hot Career Trends in US - Some Contemplations!

[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]John Schoen (MSNBC) has written an interesting article about the chances of a recession kicking in this year - "Fed says recession risk trumps inflation fears." Well, all we can do is to prepare for the worst and hope for the best. Earlier we had created a handy post on understanding recession along with a