New York Times:
The airline says the additional reductions are necessary in what its chief calls the most difficult year in airline history.
. (Read More)
Valleywag:
That 16-year-old TechCrunch writer with 120,000 Twitter followers, who we wrote about yesterday, is part of a burgeoning child punditocracy. Children are operating in virtually every facet media — and doing so successfully. F (Read More)
Valleywag:
Sure, about 450 Time Warner magazine workers will soon be jobless, but times are also tough for company executives: They just can't sell their company-sponsored private jets, and must continue to possess the posh mini-airline (Read More)
New York Times:
The total number of planned staff reductions rises to nearly 5,000 as the British carrier wrestles with what its chief executive called the toughest year in the history of aviation. (Read More)
Daily Kos:
[bumped - BarbinMD] Nonfarm payroll jobs fell another 190,000 October, and the U3 unemployment rate calculated by the Bureau of Labor Statistics rose to 10.2%, it was announced this morning. The layoffs were higher than the (Read More)
SF Gate:
Consumers likely reduced their borrowing for an eighth straight month in September, as layoffs continue and credit remains tight. The declines in borrowing are expected to drag on the fledgling economic recovery. Economists s (Read More)
Wall Street Journal:
The productivity of U.S. workers surged in the third quarter, as the economy resumed growing even as employers pushed forward with layoffs. (Read More)
Daily Kos:
Rex Nutting at MarketWatch reports on a bit of news that's warmed the cockles of the Dow today: U.S. companies increased their output in the third quarter even as they slashed working hours, driving productivity up at a 9.5 (Read More)
Mashable!:
In 1985, Apple co-founder Steve Jobs was forced out of his own company after he and then-CEO John Sculley began to fight over the direction of Apple (this coincided with major layoffs at the time). For the next decade, Steve (Read More)
Valleywag:
In your thumping Thursday media column: Glenn Beck does not die on the operating table, more rumor-details on the Essence layoffs, Fortune and SI get hacked, and a dying newspaper goes glossy, for unknown reasons. Glenn Beck (Read More)
washingtonpost.com -:
RUESSELSHEIM, Germany -- Fearing widespread layoffs, thousands of Opel workers walked off the job across Germany on Thursday to protest General Motors Co.'s decision to abandon the unit's sale to new owners. (Read More)
Silicon Alley Insider:
Has old media's not-so-sudden collapse killed your job? Get you laid-off?Do you have the gut feeling you're next in line?Don't panic.Read the rest of this story »See Also:Time Inc. Layoffs Today, 400-500 To Be Let Go (TWX)Lay (Read More)
washingtonpost.com - U.S. Economy:
LONDON -- European stocks recouped most of their earlier losses and Wall Street futures turned higher Thursday after weekly U.S. jobless claims data stoked hopes that the pace of layoffs in the world's largest economy is easi (Read More)
All Things Digital:
The Seattle area is going to get another jobless jolt today, with RealNetworks (RNWK) planning to lay off four percent of its workforce, sources said.That’s a small number–just about 70 people out of its 1,700-person staff–bu (Read More)
All Things Digital:
By Don Dodge, Blogger, The Next Big ThingMicrosoft (MSFT) announced more layoffs today, and I was one of them. This was a total surprise to me, and management offered no explanation. This is pretty standard procedure, mostly (Read More)
NY Post:
Fortune and Sports Illustrated will be the hardest hit magazines in the mass layoffs that just began at Time Inc. About 40 people will be laid off from Fortune, with Managing Editor Andy Serwer looking to cut roughly 24 fro (Read More)
VentureBeat:
The FTC may sue Intel, too – FTC Chairman Jon Liebowitz and Commissioners Pamela Jones Harbour and Thomas Rosch are, according to Reuters, in favor of filing a complaint. “The basic allegation is that Intel entered into relat (Read More)