American Musical Theatre of San Jose said Monday that it has closed its operations and will file Chapter 7 bankruptcy this week.
http://www.bizjournals.com/ct/rc/30414/www.bizjournals.com/sanjose/stories/2008/12/01/daily18.html

Hewlett-Packard Co. said Monday it cut about half its information-technology operating costs and implemented other changes that will equate to savings of about $1 billion per year. (HPQ)

Wireless smartphone maker Palm Inc. said Monday it is cutting its work force and consolidating offices, and expects second quarter revenue in the range of $190 million to $195 million and restructuring costs of $7 million to $9 million.

JPMorgan Chase said it will lay off 3,400 Washington Mutual employees in Seattle, about 81 percent of the bank

BPO innovation promises big savings, happier customers

Come back in three years, we'll give you a new one

But critics say isn't enough

Are Chrome and Firefox fighting a losing battle?

The gremlins attack when we least expect it

Need more investment, say CIOs