Tag: ECONOMICDOWNTURN

If you've suffered the injustice of an unexpected layoff from your employer during these tough times, then our thoughts are with you. Even those of us who haven't lost our jobs have been affected somehow, and, sadly, Microsoft is doing its best to make sure that some of its former workers are more impacted than others. The company has sent letters to numerous laid-off people, indicating that ...

Say it ain't so (again) Pioneer, Japan's Nikkei is reporting that despite planning a return to profitability by sourcing Panasonic plasma panels, facing a consolidated loss of 100 billion yen ($1.08 billion U.S.) it will end TV development and production entirely. The DVD business will be spun off into a new venture with Sharp as part of a plan to shed several thousand employees over the next ...

While their men sit in front of financial Web sites sobbing, Wall Street wives and girlfriends are now logging onto their own Web sites and commiserating, according to the London Times. The blog, called Dating a Banker Anonymous, affords "DABA Girls" the opportunity to bemoan the dwindling passions (and allowances) they face in the wake of the economic downturn. Precariously perched between ...