Bell later received a bill for $0.17 from SBC Communications Inc. (NYSE: SBC). Life's just not fair, is it?
But let's not dwell on history, here. For, once again, it's time to review some of the past week's most interesting hirings, firings, and other industry employment news:
Elsewhere in the company, Tellabs has changed from being a company of several product business units to a company that's more organized around geography, with overlapping products in each location. No job cuts were made during this reorg, but several titles changed along the way (see Tellabs Names Kennedy President).
Tellabs' goal is to maximize its engineering resources and to respond more quickly to customer requests for new products and features, Kennedy tells Headcount from high atop the Tellabs corporate ladder. "I think you're going to see a lot more aggressive demeanor from Tellabs in the near future," he says. ("De meaner, de better," we always say.)
"We aren’t seeing much activity here that we are qualified for. But we are seeing activity in Asia and Europe. So we decided to consolidate the sales force," says Tim Hale director of product marketing.
Quarry had a major layoff in July 2002, but the company refuses to say how many people it employs.
Red Herring had been around for more than nine years, but, in the late 90s, it aspired to be a media empire and hitched its wagon to the dotcom gravy train, which careened off a cliff soon thereafter. Red Herring's board reportedly once turned down an offer in the hundreds of millions for the Herring and its properties. (Thanks, Guys!). Tony Perkins, one of the founders, now runs AlwaysOn Network, a Website for wealthy technologists, "visionaries," and others who like to hear themselves talk. Memorable and catchy URL, too, eh? We wish you well at www.always-on-net.com/work.net -- or whatever it was...
Here's a summary of other industry appointments (and disappointments) from the past several days:
— Phil Harvey and Marguerite Reardon, Senior Editors, Light Reading