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Bits & bytes Yahoo Inc plans to cut hundreds of jobs as part of an effort to refocus its faltering business and boost its sagging stocks. The job cuts are expected to number around 500, out of 14,000 employees globally, although their precise locations have yet to be finalised, media report said. The layoffs would mark the most aggressive step yet by Yahoo CEO Jerry Yang, who began a reorganisation to revive the company's fortunes after taking over from movie studio mogul Terry Semel in June 2007, the San Francisco Chronicle reported recently. The cuts could be announced during the company's fourth quarter earnings report on January 29 along with some more information about the company's ongoing reorganisation. — PTI ‘Privatise education to meet talent crunch’ Noted industrialist Kumaramangalam Birla has favoured privatisation of education for meeting the acute talent crunch affecting the country's corporate and intelligence agencies. There are two roadblocks in the way of transforming India into an economic giant and "one of them was education. I believe that if education is privatised at primary and secondary level, lot of our problems will be answered to," Birla said while delivering a speech at the recent second R N Kao Memorial Lecture at the RAW headquarters in New Delhi. "I strongly believe that engaging the private sector in providing quality education across primary, secondary and post-graduate levels will not only augment the government's efforts in education but significantly upgrade the quality of education and its relevance to the times," Birla said at the lecture on "Confronting the Great Talent Crunch". The lecture was organised in memory of Kao, the first chief of RAW, country's external intelligence gathering agency. Birla said several universities throughout the world wanted to enter the Indian marker either through tie-ups He said there was a need to expand and strengthen tier-II universities so that those scoring below 90 per cent were not denied entrance into a good degree course.
— PTI Aptech to train 5000 project mgmt professionals in 2008 Aptech Limited, the leading global learning solutions provider, has been conferred the Global Registered Education Provider (R.E.P) status by Project Management Institute (PMI). Aptech will now be offering PMI recognized project management training and professional service to project management professionals (PMP) across the globe. It plans to train 5000 PMPs during 2008. The PMI R.E.P. programme is recognised as the premier comprehensive continuing education course related to the field of project management. Organisations worldwide are wanting to train & certify their Project Mangers to enhance customer experience and satisfaction.
— TNS
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