JPMorgan Chase to cut 9,200 Washington Mutual jobs nationwide Oregon Health & Science University freezes salaries, plans layoffs Cessna issues 60-day layoff notices Gatorade to lay off 87 employees as demand for the thirst quencher shrinks Royal Bank of Scotland to lay off at least 100 in Hong Kong
December 1, 2008
Rising Yuan Creates Chinese Job Losses
China’s economic growth is projected at 7.5% next year, a 19 year low, according to the World Bank. Still, this growth rate seems astronomical compared to the U.S., Japan and Europe—all of which are now in recessions—but, there are still signs of struggle. Today, CNN reported that rising Chinese labor costs, combined with the increased value [...]
December 1, 2008
“I’m sorry it’s happening, of course,” Bush says
The president is referring to referring to the global financial crisis that has eliminated millions of jobs and damaged retirement accounts The National Bureau of Economic Research- a private, nonprofit research organization- announced today that the U.S. economy has been in a recession since December 2007. OMG really???? Click here for the entire article if [...]
December 1, 2008
Say Goodbye to Your Local News Anchors
They’re getting the pink slip too! The New York Times reports that a generation of local TV anchors is signing off. With less people tuning in and less local auto dealers willing to put in those advertising dollars, local news programs need to cut their budgets. Where are they turning to? The people with the [...]
