Word: sharing
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...people that they have. Not only will these companies be unlikely to fire people but some may actually be hiring. The other firms included have large amounts of cash on their balance sheets and have elected to use the slow economy to develop new products and services to take share away from financially weaker competitors. A few of the companies on this list had modest job cuts last year. None of them were significant and are highly unlikely to happen again. ( See pictures of TIME's Wall Street covers...
...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 share as the recession deepens. Apple believes that it makes the best consumer electronics and PCs in the world and it is not going to let anything get in the way of expanding those franchises. (Read a TIME cover story on the iPhone...
...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 while its rivals are cautious or under-funded. The world's largest search company has $14 billion in cash and no debt...
...laws' house in San Jose, Calif., because he got a p.r. job in Silicon Valley. They decided to keep staying there - with their two little kids - because Kreuzer's father-in-law was laid off. As the job market got tighter, it just made sense for everyone to share living expenses in such a high-cost area, Kreuzer says...
...that goal is to appoint a truth-finding panel. We could develop and authorize a person or group of people universally recognized as fair-minded and without an ax to grind. Their straightforward mission would be to find the truth. People would be invited to come forward and share their knowledge and experiences, not for purposes of constructing criminal indictments but to assemble the facts. If needed, such a process could involve subpoena powers and even the authority to obtain immunity from prosecution in order to get to the whole truth...