Posts Tagged ‘layoffs’

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Finally, Some Good News About Social Security. Well, Not Really. It’s Bad.

It’s actually about your Social Security number. We guessed it and are stealing your identity while you read this.

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It’s a REALLY bad week to be an auto dealer

Chrysler announced that they will be closing 789 dealerships across the country…

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Fox reality TV is amazing

Fox announced on Wednesday that they were developing a new reality show based around the magical world of company layoffs, called “Someone’s Gotta Go”. Yeah, that really is the title. I know, I was shocked at how dickish it is, too…

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All Northern First Bank wants to do is have some fun

What would you do if you received a 1.5 billion dollar bailout check from the government? If you’re Northern First Bank, you head to LA and throw several huge parties…

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California really sucks right now

California’s steady spiral into economic oblivion took another interesting turn today. Los Angeles County Sheriff Lee Baca announced today that he is considering releasing 4,000 inmates to help accommodate the broad stroke budget cuts he is about to face…

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Get fired. Get paid.

Share So what do you do when you want the economy to go sour? What? you ask.  You want the economy to go bad? But wait! Won’t you lose your job? I want to lose my job! So? Get yourself fired! But Qdoba won’t fire me! Yes, even in a bad economy, sometimes people still [...]

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Welcome to the car graveyard

That’s right, the car Grim Reaper is coming for several car models, most notably the once beloved PT Cruiser…

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What one guy’s doing…

Meet Greg. He’s a friend of ITE with an unfortunate, yet not-so-uncommon problem. He’s been laid off, or “redacted” as he likes to put it.

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BREAKING NEWS: Working for GM still sucks

GM announced today that they will be cutting 10,000 employees, which equates to about 14% of their salaried workers. The real news, at least to me, was that there were still 10,000 people left at GM to be laid off.

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Game over for EA?

According to VGchartz.com video game giant, Electronic Arts, posts a massive Q3 loss of $641 million – as if $33 million wasn’t bad the previous quarter. But that’s not the extent of the bad news. 1,100 heads are also scheduled to roll at all levels of employment, as well as a freeze on all raises. Here’s where it gets strange, EA’s revenue was up from $1.5 billion to $1.65 billion. Is it just me, or are we living in an era of the financial freakshow? Shit is just not making sense these days.