Tag: LAY OFF

We've all heard the news about layoffs -- the daily grind of corporate downsizing that has started to sound like the background noise of a failing economy. The majority of corporations are giving their laid-off people some sort of severance package to help tide them over, at least for a few weeks, but a new survey is showing that most workers are doing something to take care of themselves: ...

A new report from Fudzilla claims that Microsoft is getting ready to lay off 15,000 employees, or about 17-percent of its worldwide staff. The axe will apparently fall on January 15th, exactly one week before its second quarter earnings report, and they expect MSN division to be hit hardest, while the successful Xbox crew will probably make it out relatively unscathed. Meanwhile, an anonymous ...