The Economist Mar 12 2009 print edition: A special report on entrepreneurship

[Slimprofits]

http://www.economist.com/specialrepo...ry_id=13216025

This special report will argue that the entrepreneurial idea has gone mainstream, supported by political leaders on the left as well as on the right, championed by powerful pressure groups, reinforced by a growing infrastructure of universities and venture capitalists and embodied by wildly popular business heroes such as Oprah Winfrey, Richard Branson and India’s software kings. The report will also contend that entrepreneurialism needs to be rethought: in almost all instances it involves not creative destruction but creative creation.

The world’s greatest producer of entrepreneurs continues to be America. The lights may have gone out on Wall Street, but Silicon Valley continues to burn bright. High-flyers from around the world still flock to America’s universities and clamour to work for Google and Microsoft. And many of them then return home and spread the gospel.

In this special report
Heroic entrepreneurs
Managing entrepreneurship
Time for entrepreneurship
The United States of Entrepreneurs
Entrepreneurs in India and China
Lands of opportunity
The formula for entrepreneurship
Entrepreneurs doing good
The entrepreneurial society

[GRG55]

Re: The Economist Mar 12 2009 print edition: A special report on entrepreneurship

...The world’s greatest producer of entrepreneurs continues to be America. The lights may have gone out on Wall Street, but Silicon Valley continues to burn bright. High-flyers from around the world still flock to America’s universities and clamour to work for Google and Microsoft. And many of them then return home and spread the gospel...

Psst. Don't tell raja. He's worried everyone in the USA has to cut their wages to the levels of Haiti in order to compete...;) :rolleyes:

[raja]

Re: The Economist Mar 12 2009 print edition: A special report on entrepreneurship

...The world’s greatest producer of entrepreneurs continues to be America. The lights may have gone out on Wall Street, but Silicon Valley continues to burn bright. High-flyers from around the world still flock to America’s universities and clamour to work for Google and Microsoft. And many of them then return home and spread the gospel...

Psst. Don't tell raja. He's worried everyone in the USA has to cut their wages to the levels of Haiti in order to compete...;) :rolleyes:

We'll talk again when unemployment hits 20% :eek: ;)

[Wild Style]

Re: The Economist Mar 12 2009 print edition: A special report on entrepreneurship

We'll talk again when unemployment hits 20% :eek: ;)

Should I reserve the conferences room for you two in September then?

[metalman]

Re: The Economist Mar 12 2009 print edition: A special report on entrepreneurship

shall we file this economist forecast in the same trash pale as the 1999 $5 oil forecast?

Depression 2.0 Survival Guide for Silicon Valley Professionals

Layoff Tracker

Date	Company	# of people	Details
3/30/2009	Sun Microsystems	1,500	Sun Sacks 1,500
3/26/2009	Amazon.com	2100	Amazon to close three distribution centers
3/26/2009	The New York times	100	Times Co. Plans Temporary Pay Cuts and Unpaid Leave for Many Employees
3/26/2009	Google	200	Google plans to lay off 200 workers
3/26/2009	IBM	5,000	IBM plans to cut 5,000 jobs
3/25/2009	Imeem	6
3/20/2009	Evri	9	Semantic search engine Evri cuts staff by 25 percent
3/17/2009	ChaCha	25
3/17/2009	MySpace	“Sizable”	“Sizable” layoffs coming to MySpace, Fox
3/17/2009	Kaiser	860	Kaiser to cut 860 information technology jobs
3/13/2009	AOL	700	AOL hands out pink slips, plan to cut 10% of staff
3/13/2009	Dow Chemical/Rohm and Haas	3,500	US Dow, Rohm and Haas merger plans 3,500 layoffs
3/12/2009	National Semiconductor	1700	National Semiconductor cuts back, will eliminate 26% of global staff
3/11/2009	Northrop Grumman	750	Northrop Gruman to lay off 750 workers
3/11/2009	PGT	100	PGT cuts 100 employees
3/10/2009	Tocquigny	13% of workforce
3/10/09	New York Times	30
3/10/09	United Technologies	11600	United Technologies to cut 11,600
3/9/09	Garmin	141	Garmin to cut 141 local jobs in first-ever layoff
3/9/09	Eastman Chemical	200-300	Eastman Chemical Says it will trim pay, cut jobs
3/9/09	McClatchy Company	1600	McClatchy to cut 1,600 jobs
3/5/2009	Borders Group	742	Borders Group trims store management, supervisory positions
3/5/2009	Ciena	200	Ciena cuts 200 jobs as sales plummet
3/4/2009	Virgin Megastores	1060	All Virgin Megastores in US To close by summer
3/4/2009	WebMediaBrands	60	Alan Meckler, WebMEdiaBrands Inc. Fire 60
3/4/2009	Sony Pictures	300	Layoffs hit Sony Pictures
3/2/2009	Silicon Graphic	120	Silicon Graphic cuts 120 jobs
3/2/2009	HSBC	6100	HSBC will cut 6,100 jobs
3/2/2009	Univision	300	Univision lays off 300 workers
3/2/2009	Lenovo	450	Lenovo to cut 450 workers in China
2/27/2009	Expedia	160+	Expedia cuts staff
2/27/2009	Latham & Watkins	440	Latham Cuts 440 (190 Associates, 250 staff)
2/27/2009	JP Morgan Chase	12000	JPMorgan sees savings of $2 billion related to WaMu Deal
2/25/2009	Vodafone PLC	500	Nokia and Vodafond Move to Pare Jobs
2/25/2009	Enfatico	80	Dell Advertising Agency Enfactico lays off 8% of work force
2/25/2009	Corporate Executive Board	400
2/25/2009	Nortel Networks	3200	Nortel to cut another 3,200 jobs
2/25/2009	Advantest	21% of work force	Advantest Forecasts loss, plans job cuts
2/24/2009	Micro Technology	2000	Micron to cut 2,000 jobs
2/17/2009	Sapient	300	Sapient lays off 300 employees in India
2/13/2009	XO	290
2/12/2009	Google (Radio Ad)	40	Google Exits Radio
2/12/2009	Pioneer	10,000	Pioneer to exit flat TV market, cut 10,000 jobs
2/12/2009	Nokia	about 2,800	Nokia to axe 320 jobs, temporarily lay off 2,500
2/12/2009	NetApp	480	NetApp lays off staff
2/6/2009	Weyerhaeuser	300
2/5/2009	Cisco	3,000	Cisco to restructure up to 2000 employees out of jobs
2/5/2009	Estee Lauder	2000
2/5/2009	Fortune Brands	136
2/5/2009	News Corp	25
2/5/2009	L.A. Times	300	L.A. Times to lay off 300
2/5/2009	Time Warner	2750
2/4/2009	THQ	600	THQ lays off 600
2/4/2009	Panasonic	15,000	Panasonic to lay off 15,000
2/3/2009	PNC Financial Services	5800
2/3/2009	Electronic Art	1,100 (11%)	EA cuts 1,000 jobs
2/2/2009	Macy’s	7000
2/2/2009	Real Network	less than 20	Real’s Rhapsody unit cuts staff
1/31/2009	eBaum’s World	13	eBaum’s World saga came to a close with layoffs
1/30/2009	Hitachi	7,000	Hitachi to cut up to 7,000 jobs
1/30/2009	NEC	20,000	NEC cuts workforce by 20,000
1/29/2009	Teradyne	532	Teradyne will shed 532 jobs and cut workers’ pay
1/29/2009	Toshiba	4,500	Toshiba delays fabs, cuts capex, and jobs
1/29/2009	Broadcom	200	Broadcom sees revenue dip, job cuts, share fall
1/27/2009	AOL	700	AOL Axing 700 employees
1/27/2009	SAP	3,000	SAP to cut 3,000 jobs as revenue growth slows
1/27/2009	Citrix	10%	Citrix will cut 10% jobs
1/27/2009	Parametric Technology Group	250	Parametric Tech to cut jobs
1/27/2009	Starbucks	6,700	Starbucks to cut 6,700 jobs amid failing sales
1/27/2009	Boeing	10,000	Boeing to cut 10,000 jobs this year
1/27/2007	Wilson Sonsini Goodrich & Rosati	45 lawyers and 68 staff members	Wilson Sonsini custs 45 laywers and 68 staff members
1/27/2008	Hewlett-Packard	150	HP cuts 150 to 200 jobs in Vancouver, BC
1/27/2009	Cozi	5	Cozi trims staff
1/26/2009	Sonic Solutions	75	Sonic Solution reduces work force by 75
1/26/2009	Sprint Nextel	8,000	Sprint Nextel to cut 3,000 jobs to fight off slump
1/26/2009	Pfizer	8,000	Pfizer to buy Wyeth and cut 8,000 jobs
1/26/2009	Home Depot	7,000	Job-killing recession racks up more layoff victims
1/26/2009	GM	Another 2,000 at Michigan and Ohio	GM to lay off 2,000 workers, cut production
1/26/2009	Caterpillar	20,000	Caterpillar to cut 20,000
1/26/2009	Texas Instruments	3,400	TI to lay off 12%
1/26/2009	Schlumberger	5,000	Schlumberger layoffs job cut: fires 5,000
1/23/2009	IBM	about 3,000 so far	Alliance@IBM IBM Canada cutting jobs, vendor confirms
1/23/2009	Intel	5,000 – 6,000	Intel Plans to Cut 5,000 to 6,000 jobs
1/22/2009	Nokia	1000	Nokia announces cost saving measures
1/22/2009	Tom Tom	115	Tom Tom to lay off 7% of global workforce
1/22/2009	Electronic Art	600	EA announces significant layoff at Vancouver Black Box Studio
1/22/2009	Digg	7 (10%)	Digg to cut workforce 10%
1/22/2009	Microsoft	5,000	Biggest layoff in Microsoft history
1/21/2009	Ericsson	5,000	Ericsson to cut 5,000 jobs
1/21/2009	Bose	1,000	Bose to cut about 1,000 jobs
1/20/2009	Clear Channel Radio	1,850	Clear Channel cuts 1,850 jobs
1/20/2009	Warner Brothers	800	Warner Brothers to cut 800 jobs
1/16/2009	AMD	1,100	AMD cuts 1100 jobs
1/16/2009	Federated Media	7	Ad network Federated Media cuts 7 to restructure
1/16/2009	Circuit City	34,000	Circuit city to close 567 remaining US Stores
1/15/2009	Motorola	4,000	Motorola to cut 4,000 jobs
1/15/2009	Seagate	3,000	Seagate widens layoffs
1/15/2009	Google	About 6,000 temp/contractors, 100 recruiters	Google finally confirms real actual layoffs (sort of)
1/14/2009	Varolii	8%	Varolii cuts 8% of staff
1/14/2009	WatchGuard	55	WatchGuard trims staff
1/12/	Oracle		Oracle reportedly cuts some sales, marketing staff
1/9/2009	Google	6,000 (temp workers)	6000 cuts – details kept off web
1/9/2009	Lenovo	2,500	Lenovo plans to cut 2,500 jobs
1/8/2008	TDK	8,000	Japan’s TDK to cut 8,000 jobs
1/7/2009	Coremetrics	29
1/7/2009	One Laptop Per Child (OLPC)	30	Miserable economy forces layoffs at OLPC
1/7/2009	EMC	2,400	EMC to lay off 2,400
1/6/2009	Engine Yard	15%	This week’s changes at Engine Yard
1/6/2009	LiveJournal	12	The Russian Bear slashes a Social Network
1/6/2009	blueArc	21
1/6/2009	Logitech	500	Logitech to cut 500 jobs
1/6/2009	Kronos	260	Chelmsford’s Kronos cuts jobs
1/2/2009	8020 Media	18	8020 Media to shut down
12/29/2008	Pulse-Link	50-60	Pulse-Link Laid off 50 to 60 people and closed door
12/22/2008	Unisys	1,300	Unisys slashes 1,300 jobs
12/19/2008	Electronic Art	400 (4%)	EA to lay off additional 400 workers
12/17/2008	Western Digital	2,500 (5%)	WDC to slash 2,500 jobs
12/16/2008	Momentive	250	Momentive announces new round of layoffs
12/16/2008	Midway Games	180	Midway Games to cut 25% of work force
12/15/2008	Gaia Online	36
12/15/2008	Atmel	11%	Atmel lowers outlook, cuts jobs
12/12/2008	Fairchild Semiconductor	1,100	Fairechild Semiconductor to cut 12% of work force
12/12/2008	Alcatel-Lucent	1,000	Alcatel-Lucent plans 1,000 job cuts
12/12/2008	GT Solar	25
12/12/2008	Sonus Networks	50	Sonus to cut 50 workers
12/12/2008	C-Vision	28	C-Vision lays off 38 employees
12/12/2008	Leverage	15	Holiday gift card management start-up Leverage has very little left
12/11/2008	Divx	21	DivX cuts 21 people
12/11/2008	Last.FM	20	Layoffs at Last.FM confirmed. Where else are heads rolling at CBS?
12/11/2008	TechTarget	76	Tech publisher TechTarget to cut 76 jobs
12/11/2008	CBS Interactive	275	How many bodies exactly is CBS interactive trying to hide?
12/11/2008	ePrize	20	ePrize lays off 20 workers
12/10/2008	Silicon Graphics	160	Inside Track: SGI to lay off workers
12/10/2008	The Cobalt Group	45	Troubles in Detroit hit Cobalt Group
12/10/2008	Hutchinson Technology	1,125	Hutchinson Tech will cut 1,125 jobs
12/10/2008	NPR	64	NPR to cut 64 jobs and two shows
12/10/2008	Scandisk	300	ScanDisk to trim more than 10% of staff in Q4
12/9/2008	SiRF Technology	175	Sirf commences third round of layoff this year
12/9/2008	Novellus Systems	350	Novellus Systems to cut work force, CEO’s salary
12/9/2008	Exponential	8%	Exponential, an online ad network, cuts jobs
12/9/2008	Sony	8,000	Sony to cut 8,000 jobs
12/9/2008	Netapp	51
12/8/2008	BMC	350	BMC Software to cut 350 jobs, 6 pct of work force
12/8/2008	3M	1,800	3M to cut 1,800 jobs worldwide
12/8/2008	Level 3 Communication	450	Level 3 to lay off 450 workers in North America
12/5/08	Carlyle Group	100	world largest private equity lays off 100
12/4/08	Real Networks	130	Layoffs hit real network
12/4/08	AT&T	12,000	AT&T to cut 12,000 jobs, 4% of staff
12/4/08	Razorfish	36	Razorfish cuts west coast staff
12/4/08	Viacom	850	Layoffs mount in first week of December
12/4/08	NBC	500	NBCU to cut 500 jobs
12/3/08	Celebrate Express		Celebrate Express trimming staff
12/3/08	Marchex	35	Marchex cuts 10% of work force
12/3/08	Adobe	600	Adobe cuts jobs, lowers revenue estimates
12/3/08	BrightCove	25
12/1/08	LeapFrog	70	LeapFrog cuts 10% of workers
11/24/08	Quantum	180	Quantum cuts workforce
11/24/08	whitepages.com	7	whitepages trimming 5% of staff
11/21/08	buzznet	10
11/21/08	Washington Matual (WaMu)	1,600	WaMu to shut Pleasanton center, cut 1,600 staff
11/20/08	Associated Press	400	Associated Press to cut 10 pct jobs
11/19/08	Akamai	110	Akamain to cut 110 jobs
11/19/08	PC Magazine	7	ZiffDavis to close PC Magazine, focus on online.
11/18/08	CarDomain	16	CarDomain cuts staff in half
11/18/08	KLA-Tencor	900	KLA-Tencor to cut 900
11/17/08	Citibank	53,000	Citi to lay off 53,000 more jobs
11/17/08	Hatteras Networks	20	Startups outside Silicon Valley also cut staff
11/17/08	Engine Yard	4	Company blog
11/17/08	Virgin Mobile USA	45	Virgin Mobile to cut 45 jobs
11/15/08	ChaCha Search	8
11/14/08	Sun Microsystems	5000	Sun Microsystems to cut up to 5000 jobs
11/14/08	PayScale	10%	PayScale to cut 10% of staff
11/14/08	Epicor	10%	Intent on Cost Relief, Epicor plan layoffs
11/13/08	Rearden Commerce	40
11/13/08	Jobster	15	Jobster cuts staff by 38%
11/13/08	Shopzilla.com	30
11/13/08	Cogniex	60	Cognex to cuts 60 jobs, shut facility
11/12/08	Canwest	560	Canwest cuts 560 jobs
11/12/08	Applied Materials	1,800	Applied Materials to cut 12% of staff
11/12/08	National Semiconductor	330	Nat Semi cuts revenue view, plans job cuts
11/11/08	Six Apart	16	Six Apart lays off 8 percent of staff
11/11/08	AdReady	25%	AdReady cuts jobs, try to extend cash
11/11/08	Nokia Siemens Networks	750	Press release
11/11/2008	Wired.com	Unknown	Layoffs at Conde Nast’s Wired.com
11/10/2008	Orbitz	160	Orbitz hit by Macro Slowdown
11/10/2008	Nortel	1300	Nortel Networks posts 3Q loss, plans job cuts
11/7/2008	Mywaves.com	20%
11/7/2008	Circuit City	800	Circuit City layoffs hit Henrico HQ
11/7/2008	BitTorrent	18	BitTorrent sacks half its staff
11/6/2008	Zappos	128	Zappos CEO letter to employees
11/6/2008	Solid Cactus	40	Economy pinches Solid CActus, 40 laid off
11/5/2008	Intersil	140	Intersil to cut 9 percent of workforce
11/5/2008	MPC	210	MPC reportedly cutting more jobs
11/5/2008	Veoh	20	Video startup Veoh cuts 18% of staff
11/5/2008	Cadence	625	Cadence Design slashes 12% of workforce
11/5/2008	AMD	500	AMD cutting 500 workers, 3 pct of staff
11/4/2008	Anadigics	100	Anadigics cuts 15 percent of workforce
11/4/2008	Linkedin	36	LinkedIn cuts 10% of staff
11/4/2008	Tektronix	150	Ore. high-tech company Tektronix to layoff 150
11/3/2008	Dash Navigation	55	Dash Navigation can’t find its way, lays off two thirds of employees
11/3/2008	Spot Runner	115	115 people lost their jobs at spot runner
11/3/2008	Cox Communications	500	Cox communications plans to cut 460 jobs
10/31/2008	Symantec	880
10/30/2008	Motorola	3000	Motorola dials back phone unit
10/30/2008	Electronic Arts (EA)	600 (6%)	EA lays off six hundred
10/30/2008	Sonic Solutions	100	Sonic Solutions cuts stuff
10/29/2008	Avelle	Cut 20% of payroll. Currently have 45 employees	Handbag rental service Avelle cuts staff
10/29/2008	Quest	1200 (3%)	Qwest plans to cut 1,200 after profit falls
10/29/2008	Intrepid Learning	10	Intrepid Learning cuts 10 positions
10/27/2008	Matchmine	42	MatchMine throws in the towels
10/27/2008	Smashface	3	Company blog
10/27/2008	Revision3	10	Revisions3 custs back on shows and staff
10/27/2008	LA Times	75	LA Times to layoff 75 staffers
10/24/2008	BroadSoft	12	BroadSoft cuts jobs as sales slow
10/24/2008	PowerReviews	30%	PowerReview reduces burn rate by 30%
10/23/2008	WildTangent	20	Online game company WildTangent cuts 20 percent of staff
10/23/2008	Daptiv	21	Daptiv is latest tech company to cut jobs
10/23/2008	Avid Technology	410	Avoid to lay off 410 workers
10/23/2008	Xerox	3000	Xerox to lay off 3,000 staff
10/23/2008	Break.com	11	break.com basically fired 11 people
10/22/2008	ScanDisk	TBD	ScanDisk layoff appear to be in the works
10/22/2008	iMeem	25% of 80	iMeem confirms layoffs
10/21/2008	Yahoo!	1,500	Jerry Yang Email to All Yahooers: 10% of You Are Fired
10/20/08	wikia	30% of 43 people work force. Roughly 13 people.	wikia lays off 10% of staff
10/20/08	Ticketmaster	1,000	Ticketmaster lays off an estimated 1,000 employees
10/20/08	Softchoice	6.5% of 958	Softchoice announces layoff
10/20/08	Veoh	15	Veoh lays off 15
10/20/08	Autotrader	69	AutoTrader.com to lay off 69 Orlando employees
10/18/08	Jaxtr	13	13 employees laid off at Jaxtr
10/18/2008	Lulu	24	Lulu laid off 24
10/17/2008	Mygazines	Shutting down	Mygazines Folds
10/17/2008	Zivity hi5	1/3 of its staff 15% of its 110 positions	More job cuts hit Silicon Valley
10/17/2008	Heavy.com	20	More layoffs: Heavy.com Shedding 20 more employees
10/17/2008	Skyrider	Shutting down.	Skyrider’s Demise shows P2P Spamming Doesn’t Pay
10/17/2008	SearchMe.com	20% staff	Search engine start-up SearchME cuts 20% of Staff
10/17/2006	Zillow.com	40	Real estate site Zillow cuts 40 employees
10/16/2008	Pandora.com	20	Pandora fires 20
10/16/2008	Adbrite	40	Adbrite lays off 40$ of Staff
10/14/2008	Jive Software	40	Jive Software laid off 1/3 of staff
10/14/2008	Tesla	100	Tesla said to lay off 100
10/14/2008	Redfin	20% of staff. 20 employees? (according to www.crunchbase.com , they have about 100 employees.)	A Very Tough Day
10/13/2008	Seesmic	7	Getting the UnParty Started: Seesmic Lays Off 1/3 Staff
10/13/2008	National Basketball Association (NBA)	80	League to lay off about 80 amid economic slowdown, Stern says
10/13/2008	Starcom MediaVestLandor, a branding firm owned by WPP Group TBWA/Chiat/Day, a unit of Omnicom Group Interpublic Group’s Lowe London Wieden + Kennedy’s hometown office in Portland, Ore	150 jobs by year end10 people from London office 20 employees from its New York office 10 employees from Lowe London Office 6 from Portland office	Next Victim Of Ad Recession: Ad Employees
10/9/2008	Entellium	50 of the 68 employees were let go	Entellium execs fudge the number, face fraud charges
10/8/2008	Adzilla	About 90	BT Crash Takes Adzilla Down With It
10/6/2008	eBay	1,000	eBay lays off 1,000
10/6/2008	Jellycloud	36	Controversial ad company Jellycloud shuts down
10/3/2008	Valleywag	3	Valleywag Cuts 60% of Staff
9/16/2008	Hewlett Packard	24,600	HP Announces 24,6000 layoffs in wake of EDS acquisition

[Slimprofits]

Re: The Economist Mar 12 2009 print edition: A special report on entrepreneurship

This is a forecast?

[metalman]

Re: The Economist Mar 12 2009 print edition: A special report on entrepreneurship

This is a forecast?

ok, misreporting then?

The world’s greatest producer of entrepreneurs continues to be America. The lights may have gone out on Wall Street, but Silicon Valley continues to burn bright. High-flyers from around the world still flock to America’s universities and clamour to work for Google and Microsoft. And many of them then return home and spread the gospel...