Image by Giampaolo Macorig via Flickr “Human sacrifice, dogs and cats living together – mass hysteria!” Maybe it’s time to cue up R.E.M… “It’s the end of the world as we know it, I feel fine.” I’m starting to think I should get back to work on that underground bomb shelter again – not so [...]
Continue reading " Trump Bankruptcy, Kansas Halts Tax Refunds, Boils, Frogs, Hail, Locusts… "
Image via CrunchBase In this day in age, you can’t do anything secretly or “under the radar” – not with things like blogs and Twitter to rat you out. Several Twitter postings from Mary Hodder seem to suggest that Google is laying off qualified engineers in an effort to further cut costs. The layoffs are [...]
Continue reading " Bitter on Twitter: Google Laying off More Engineers? "
Image via CrunchBase The damage continues as the recession lingers on. About.com has announced a 10% staff reduction and pay cuts for guides. The New York Times-owned company will cut 22 employees from ad sales, client services, marketing and editorial. In an office memo, the company blames the recession (shocker!): As you know, About.com is [...]
Continue reading " About.com Cuts 10% of Staff, Slashes Guide Pay "
JuicyCampus has gone the way of the dinosaur. The site that let students post anonymously about their fellow peers is gone. On the JuicyCampus blog, founder Matt Ivester says that the site’s downfall was revenue (or lack thereof): Unfortunately, even with great traffic and strong user loyalty, a business can’t survive and grow without a [...]
Image via Wikipedia The harsh reality of the recession lingers on. Panasonic Layoffs Today, Panasonic, the world’s biggest electronics maker, announced that it will layoff about 15,000 people. The company also predicted its first loss in six years as the worsening economy shrinks demand for things like TV’s and cameras. Panasonic now joins Sony in [...]
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At least one person is doing something productive with his time, in the wake of the recent job market chaos. Chris Hutchins, a former management and business strategy consultant who was laid off in early December, is looking to make the most of a generally nasty economy. Realizing that he’s just one of thousands being [...]
Image via CrunchBase The bloodshed continued today in the world of layoffs. Time Warner subsidiary AOL is laying off 700 employees because of weak economy and the ensuing drop in advertising revenue – but also due to recent structural reorganizations aimed at refocusing the company. AOL CEO Randy Falco sent out a memo this afternoon [...]
Image via Wikipedia Was yesterday’s gigantic round of layoffs just the tip of the iceberg. It seems that way. Today, Target Corporation is announcing a wave of layoffs, media outlets in the company’s hometown of Minneapolis have now confirmed. Target Layoffs 2009: Corporate Impact Target will not yet say how many jobs will be lost, [...]
Continue reading " Target Layoffs 2009 – The Bloodbath Continues "
Image by khalilshah via Flickr Is it a sign of the apocalypse? Are the Four Horsemen preparing to reign down judgments upon the land? I don’t know. I do know this, however – more than 50,000 jobs were lost today. Home Depot EXPO Design Center First, Home Depot has announced that they are cutting 7,000 [...]
Continue reading " Home Depot EXPO Design Center Gone, Bloody Monday "
I’m hoping that they didn’t spend too much money on this research. With the economy in the crapper and layoffs taking place left and right, it should come as no surprise that the job search niche is the fastest growing online content category, according to comScore. The niche has grown an astounding 51 percent to [...]
Continue reading " Job Search is Fastest Growing Online Trend – Duh "
Image via CrunchBase The grim economic outlook isn’t getting any better today. Microsoft has announced that it will be lay off up to 5,000 people over the next 18 months. This represents about 5 percent of their total workforce. Of that amount, 1,400 people will be losing their jobs today. Microsoft also says that it [...]
Continue reading " Microsoft to Layoff 5,000; Loses Nearly $500M in Q4 "
Image via CrunchBase As expected, the bad news from Google doesn’t end with yesterday’s layoff announcement. They’ve also announced the shutdown of several Google services (Google Reader is in the clear, though, whew!). Included among the soon-to-be-deceased are: Google Notebooks, Google Catalogs, Dodgeball, Google Video, Google Mashup Editor, and future development of Jaiku, although the [...]
Continue reading " Google Bloodbath Continues, Many Services Affected "
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