Google used its annual meeting with analysts on Wednesday to shine the spotlight on some of its most precious assets–its workforce of 20-something engineers, computer scientists and mathematicians.
The firm, currently based in Draycott near the city, is building a new headquarters, next to Rolls-Royce where it can double its workforce of 75 staff.
What Tornquist didn't mention was that Qualcomm may then have had more engineers than it needed: Only a few weeks after her June 2 talk, the San Diego company announced that it would cut its workforce, of whom two-thirds are engineers, by 15%, or nearly 5,000 people.
The UK's struggling car industry suffered another blow yesterday when Bentley said it was seeking to reduce its workforce of 3,800 by 220, and salaries for remaining employees by 10% from April to the end of the year because of the slump in demand.
It also leaves the bank vulnerable to political meddling, a worrying prospect given that to become profitable again it may have to cut its workforce of 6,000 in half.Critics who accuse the government of having reverted to its old socialist leanings of the 1970s are plainly wrong.
The maker of Viera TVs and Lumix cameras said it was aiming to trim its workforce of 367,000 at the end of last month to 350,000 by March 2013.
