Word: personnel
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...avoid job cuts. Cisco probably has as much or more cash on hand as any tech company in the U.S., holding $27 billion in available funds. The company is in the midst of a very rapid expansion into the server and data center business. That will require extra personnel and may involve acquisitions. Cisco is in several businesses which are nearly recession-proof and should continue to do well. Its core router operation is critical to building out broadband and systems for popular products like VoIP. The new stimulus package should give that business a bump up. Cisco is also...
...perfect. This is, of course, only part of reason jobs at Apple are safe. The company has $24 billion in cash and securities and adds to that every quarter. Apple refuses to make acquisitions, preferring to create and market its own products. M&A deals often mean personnel cuts. Because Apple's success is based on creating new products, improving old ones and aggressive marketing, it will need all the people who work at the company and perhaps more. Apple is one of the few companies in the U.S. prepared to drive product introductions and spend to pick up market...
...Google (GOOG) fired a very small number of people last year. If the company wants to control personnel costs, it can simply stop hiring. Google has been adding employees at a dizzying rate for four years. Google, like Apple, has a tremendous interest in keeping its R&D, marketing, product development, and engineering projects going forward as rivals like Microsoft (MSFT) and Yahoo! (YHOO) falter. Google has a chance to pick up market share from both companies and improve its competitive position against Microsoft in the PC application business. It can significantly improve its edge by putting money into initiatives...
...most curious and revealing part of the whole mess, however, was the media response to it: As the Chinese government struggled to suppress all footage of the incident (caused by their own TV personnel), blogs and tweets carried cell-phone photos and videos around the world. Ultimately, the government’s inability to stifle the flow of information encapsulates the internal inconsistencies and long-term inviability of the Chinese political system...
...LTTE, which is fighting for a separate homeland for ethnic Tamils, has targeted the Sri Lankan Air Force headquarters. On Jan. 1, the same day that the Army announced the capture of Kilinochchi, the Tigers' de facto capital in northern Sri Lanka, a suicide bomber killed three military personnel in the building, which sits among a cluster of government offices in Colombo's Fort neighborhood, one of the busiest in the city. This is also not the first time that the LTTE has struck Colombo by air. The Tigers started using aerial bombing as a tactic in March 2007, with...