Here is Yahoo's official statement on their plan to lay off hundreds of employees: "Yahoo plans to invest in some areas, reduce emphasis in others, and eliminate some areas of the business that don’t support the company’s priorities." Yeah, thanks, that's very...
Apparently the lack of any high profile disasters has dropped the amount of contributions the Red Cross normally receives, and they are being forced to lay off 1,000 employees. They face a budget deficit of $200...
" The New York Times may be having more trouble with its publishing company. The company has frozen new hiring, and has also cut a “small amount” of newsroom jobs. No journalists have lost their jobs (yet),...
created by comoms | 5 years ago | updated 5 years ago 550 views | 5 recommendations | 1 comment
A story reminiscent of a Simpsons episode in which Homer is forced by a Government Agency to care for an annoying Rare Screaming Caterpiller discovered in his yard. Now, Art imitates Life when a Rare Fungus is...
created by Barry ORegan | 5 years ago | updated 5 years ago 793 views | 2 recommendations | 2 comments
Toronto Mayor David Miller is just one of many vocal critics of the CBC's decision to layoff the bulk of their design staff. Miller wrote a letter to the CBC expressing his concern about the decision. The...
created by Kaitlin | 6 years ago | updated 6 years ago 744 views | 0 recommendations | 0 comments
"Whether you're in an industry that's desperately seeking workers or one that's continually announcing layoffs, you've likely toyed with thoughts of dropping everything to follow your dream career. But making that leap is often difficult."
As job loses continue to mount in Michigan due to the state’s seemingly unrecoverable economy and businesses and residents exit the state in record numbers… Michigan’s governor appears to of come up with a new economic recovery plan… Promote Michigan...
MTV CEO Judy McGrath made it official this morning and announced the firing of 250 people due to what she called an industry "inflection point." In other words, old media is sinking and new media is...
" Since the nineties Nortel has been cutting its workforce and shipping jobs off shore, 56,000 workers cut, and it still has not gotten it out of its fiscal spiral downwards. Why should this be any different. Nortel to slash 2900 jobs in latest cost-cutting"
created by plawiuk | 6 years ago 305 views | 0 recommendations | 0 comments
"From yesterdays Globe and Mail is this update on the BMO job cuts. Just doing what the other fellas do...And as usual the job cuts are the direct result of the falling rate of profit. The greedy want more and more...."
created by plawiuk | 6 years ago 303 views | 0 recommendations | 0 comments
"The Bank of Montreal (BMO) is laying off 1000 workers while making record profits. At Bank of Montreal, the company earned a profit of nearly $2.67 billion for the fiscal year ended last Oct. 31, compared with $2.4 billion in 2005."
created by plawiuk | 6 years ago 416 views | 0 recommendations | 0 comments
"Hmm whats wrong with this picture? Pfizer to lay off 10000 to cut costs Pfizer 4Q Profit Soars to $9.45 Billion Falling rate of profit perhaps? Profit Disfunction?"
created by plawiuk | 6 years ago 229 views | 0 recommendations | 0 comments
"After 10 years of writing Working Wounded I've concluded that there are a lot of myths about work. I thought it would be fun to tackle some of the bigger ones in this week's blog. Check out my list below and send me some of your favorites.
It's impossible to be overpaid when...
"Is private monopoly; Bell/GlobeMedia/CTV. Yep, be still my beating heart. The right and private broadcasters like to attack CBC and claim that the private sector should provide news, sports etc. The usual blah blah blah about competition. Right-o like this; CTV buys out...
created by plawiuk | 6 years ago 586 views | 0 recommendations | 0 comments