Google Revenue up 20%, Profit up 25%, Employment up 10,000

Despite growing Silicon Valley tech layoffs, and disappointing third quarter performance from Apple and Twitter, Google’s parent, Alphabet, reported an annual 20 percent revenue surge, 25 percent earnings spike, and 10,000 additional employees.

Google is one of several multi-national corporations that have come under fire in Europe for paying low taxes by shifting revenue across borders

Silicon Valley Job Cuts Double in 2016

Cisco Systems, Inc. announced August 17 that it will slash 5,500 jobs. The cuts are consistent with Silicon Valley tech terminations running almost double the pace of 2015.

The Associated Press

GOP Politicians Beat Down Primary Challengers

Donald Trump has rode of a wave of voter frustration to the top of the Republican nomination contest, but incumbent Republican Senators and Representatives have easily turned back primary challenges from conservative outsiders.


January Job Cuts Double to Highest Level Since 2009

Despite an apparently level unemployment rate, a wave of corporate downsizing in the retail, computer, and telecommunication sectors pushed job-cuts to their highest level since the 105,696 layoffs last July, according to the latest report by the Challenger, Gray & Christmas, Inc. outplacement services.