Netflix's restructuring wasn't supposed to end like this.
The Los Gatos, Calif.-based mail-order and online video service has a history of home runs. Founded in 1997, the idea of launching an online video rental service turned out to be an instant success. Netflix went public in 2002 with a subscriber base... Read More »
The technology sector has been one of the few bright spots within the otherwise anemic U.S. job market. In fact, tech businesses are so keen on staffing some difficult-to-fill positions that they're layering on the perks in the hope of enticing the best and brightest to their ranks.
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Employees at the 5,500 remaining Blockbuster stores would do well to get out now. It seems that you're being replaced by a red box and a mail carrier. Blockbuster filed for bankruptcy in September 2010, but is having trouble reorganizing, and will likely be sold at auction, according to some analysts. Read More »