Viacom Layoffs Are Here: 850 Will Be Fired
Viacom's long-rumored cuts are here. The media conglomerate is firing 850 people -- 7% of its workforce -- and will take a charge of up to $450 millio...
Layoffs
Goldman Sachs Thinks US Lost 400,000 Jobs In November
247wallst.com | Douglas A. McIntyre | Posted 12.04.2008 | Business
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The other more frightening bit of information is that Goldman Sachs believes that the nation lost 400,000 jobs last month. Most economists have that n...
JPMorgan To Cut 9,200 Washington Mutual Jobs
Reuters | Posted 12.01.2008 | Business
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JPMorgan Chase & Co on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual Inc, which on Sept 25 became the largest U.S. ba...
Civility in Times of Economic Turmoil
Jodi R. R. Smith | Posted 12.01.2008 | Style
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Job Market,
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Being let go from your job can be difficult, stressful and surprising all at once. It is perfectly acceptable to take some time to process what has happened and cope with it appropriately.
Four Christmases: The Humiliation of Explaining Your Unemployment Around the Holiday Table
Stephen Viscusi | Posted 12.01.2008 | Business
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Can you imagine having to explain that you're unemployed to the people you see only once a year?
The Zell Smell
Charles Warner | Posted 11.29.2008 | Media
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Jeff Jarvis,
Rupert Murdoch,
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Sam Zell doesn't understand his employees or his consumers. He thinks they are like he is -- dumb, self-interested, and greedy. And they're not.
A Scenario for the Future of News
Jeff Jarvis | Posted 11.29.2008 | Media
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Newspapers,
News,
Journalism,
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Internet,
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Could journalism die? Yes, but I have faith and optimism that it will survive, evolve, and grow. I believe there will be a growing market demand for journalism; I know there is a growing need.
GM lets Tiger go: MediaBytes with Shelly Palmer November 25, 2008
Shelly Palmer | Posted 11.25.2008 | Media
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General Motors ended its seven year relationship with Tiger Woods yesterday. GM, who is trying to drastically cut costs, ended the contact with the...
Weinsteins Cutting 11% Of Workforce
NY Post | Posted 11.21.2008 | Entertainment
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The Weinstein Co. is laying off about 11 percent of its workforce as the sickly economic environment further invades Tinseltown, The Post has learned...
Star-Ledger Re-Assigns Reporters...To The Mailroom
HuffingtonPost.com | Jason Linkins | Posted 11.19.2008 | Media
Yowch! Over at Editor and Publisher, Joe Strupp reports on the latest developments at the financially troubled Star-Ledger of Newark, NJ, where two j...
After Prop 8, James Dobson Asks Who Would Jesus Fire?
Matthew Filipowicz | Posted 11.18.2008 | Entertainment
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The truth is, spreading hate and intolerance is a business just like anything else. And in business, sometimes you're forced to make tough choices.
The Ketchup Generation: Entry-Level Jobs Really are There for You, Even During a Recession; Here's the Secret
Stephen Viscusi | Posted 11.17.2008 | Business
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Everyone I know under 30 loves ketchup -- on everything. When I grew up, it was just for french fries and hamburgers. Now, they practically want to use it as lube.
Laid-Off Silicon Valley Worker Kills Three
AP | TERRY COLLINS | Posted 11.15.2008 | Business
SANTA CLARA, Calif. — A 47-year-old engineer arrested on suspicion of fatally shooting three of his co-workers had been laid off hours earlier a...
The Economist Lays Off 12 Employees
AdAge | Nat Ives | Posted 11.13.2008 | Media
NEW YORK (AdAge.com) -- The Economist Group, whose flagship title was recently named Advertising Age's Magazine of the Year, has laid off about a doze...
British Phone Company BT To Cut 6,000 More Jobs As Net Profit Rises
AP | EMILY FLYNN VENCAT | Posted 11.13.2008 | Business
LONDON — BT Group PLC, Britain's largest phone company, on Thursday reported quarterly earnings rose 18 percent but said it would slash 6,000 mo...
CEOs Warn Of Huge Layoffs: Daley
Chicago Sun-Times | Fran Spielman | Posted 11.12.2008 | Chicago
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Mayor Daley said Wednesday he's been warned by a parade of corporate CEOs that a blizzard of job cuts are about to bury the souring Chicago economy. ...
Al Gore's Current TV Laying Off 60
CNET | Posted 11.12.2008 | Media
There have been layoffs at Current Media, the cable network co-founded by former U.S. Vice President Al Gore. A statement from Current put the number...
Who's Firing And Who's Hiring
CNBC | Dave Burdick | Posted 11.12.2008 | Business
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The jobs market has been downright scary lately. Seems every day there's a long list of companies with layoffs, or a blog listing layoffs, or a projec...
If Life Gives You Limes, Make Margaritas
Andrea Chalupa | Posted 11.07.2008 | Business
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His island empire may be laid back but it's no fool's gold. In 2006, Buffett ranked number seven on Rolling Stone's list of Richest Rock Stars, beating out Celine Dion and rapper 50 Cent.
Ford Announces $129M Loss, 10 Percent American Salaried Job Cuts
AP | TOM KRISHER and JAMES PRICHARD | Posted 11.07.2008 | Business
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DEARBORN, Mich. — Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion i...
Goldman Sachs Layoffs To Number 3,200
DealBook | Posted 11.06.2008 | Business
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Goldman Sachs notified roughly 3,200 employees this week that they have been laid off, part of previously reported plans to slash 10 percent of the fi...
The Layoffs Will Be Blogged
New York Times | CLAIRE CAIN MILLER | Posted 11.05.2008 | Business
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SAN FRANCISCO -- During past downturns, layoffs were mostly a private affair. Big companies tended to issue vague press releases filled with jargon ab...
Circuit City Closing 20% Of U.S. Stores To Save Cash
Silicon Alley Insider | Dan Frommer | Posted 11.03.2008 | Business
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Here come the closeout sales: Circuit City (CC) says it's shuttering 155 of its 721 U.S. stores, or about 20%, to save cash. The declining electronics...
Motorola To Cut 3,000 Jobs, Mostly From Cell Phone Division
Silicon Alley Insider | Dan Frommer | Posted 10.30.2008 | Business
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Motorola (MOT) announced this morning that it's aiming for $800 million in cost savings next year, including $600 million from its money-losing cellph...
Qwest Profit Down, Will Cut 1,200 Jobs
AP | PETER SVENSSON | Posted 10.29.2008 | Business
NEW YORK — Qwest Communications International Inc. posted a profit for its third quarter Wednesday, but said the continued slide of its traditio...
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AllThingsDigital | Posted at 5:47 AM PT on December 4, 2008 | Posted 12.04.2008 | Media