Is this the End of Capitalism in Germany?

By, Uwe Paschen. Could this be the beginning of the end for Capitalism?  On Saturday another demonstration took place with an  estimated 100,000 Workers marching through Berlin in protest and anger. Stating on...

Bonuses for "Vital" Workers, others laid off at Chicago Tribune

Looks like the same song and dance in the coorporate world. Lay off the workers and then give bonuses to "vital" employees on the same day of the lay off. How is this not illegal? ""On the same day the Chicago Tribune cut 53 jobs from its newsroom, its parent Tribune Co....

Laying off grandma, after 23 years of dedication at Spansion

A short story of how a grandmother who was dedicated to a Silcon Valley company, Spansion, gets laid off after 23 years. The new CEO, John Kispert, talks of making tough decisions to bring costs "in line" with...

REPOSSESSION MURDER NEAR AUGUSTA GEORGIA USA

REPOSSESSION BY THE LOWEST BIDDER?"A Vehicle Repossession turned ugly.  Now a Repoman and his wife are on the run and wanted for the murder of an Augusta GA man. NBC Augusta 26 News spoke with the man whose car ws being repossessed and watched his best friend of 20 years...

Rotating layoffs announced at GM, Chrysler auto plants in Windsor

WINDSOR, Ont. - Employees at two auto plants in Windsor, Ontario are facing rotating layoffs, starting next week. " Workers at the General Motors transmission plant are facing temporary job cuts as the automaker...

Toyota Struggling in Tough Economy, Seeks to Slash Worker Wages

Toyota may be stiff competition for American automakers but it is struggling to stay afloat in these tough economic times all the same.  Early this week Toyota announced it would initiate an 11 day work stoppage by shutting down production at plants in Japan as part of...

India's state airlines mulls temporary layoff 15,000 staff

Barely one days have gone when India's biggest private sector Airlines Jet Airways annouced large scale sacking of its employees due to continuing lossess, now India's government run airlines Air India is mulling...

PepsiCo to Lay Off 3,300 Employees

PepsiCo, maker of Pepsi-Cola, Doritos, Sun Chips and owner of Frito-Lay, Tropicana and Quaker brands, plans a layoff of 3.300 workers worldwide as company profits drop."The company said Tuesday it expects to...

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