Monthly Archives: June 2009

Today in Layoff Land

CasinOmaha closure leaves 185 jobless

St. Paul Pioneer Press lays off 11

The Chrysler Museum of Art cuts six

Smithfield Foods lays off 140

Gannett to cut more than 1,000 jobs

Lloyds Banking Group to cut 1,750 more

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Consumer Confidence Down in June

Blame it on job losses.

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Vibe Bites the Dust

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Looks like hip hop’s main magazine took a bullet, and will close immediately, a spokesperson announced today.  Now where will we get our hip hop news?  I don’t think I’m pleased with XXL and The Source being the last two standing.  Vibe’s content hasn’t impressed me for ages, aside from one thing—I think that any magazine that can get Terry Richardson to shoot Obama is pretty cool.

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Photo of the Day

Alex sent us this photo of a boutique on Bleecker Street in NYC

Alex sent us this photo of a boutique on Bleecker Street in NYC

It looks like Bernie’s family is about to get served! The Feds are “probing 10 associates” of his “inner circle.”

From MarketWatch,

The sons along with other Madoff associates appeared to be put on notice that they’re likely to remain under pressure, as authorities promised to continue their investigation. The heat will stay on Madoff’s relatives and business associates, many observers say.

“While today’s sentence is an important milestone, the investigation is continuing,” Lev Dassin, the acting U.S. Attorney for the Southern District of New York, said Monday. “We are committed to bringing additional charges against anyone else who bears criminal responsibility. At the same time, we are focused on tracing, restraining and liquidating assets to maximize recoveries for the victims.”

UPDATE: Ruth Madoff will not be charged, the Feds cite “lack of evidence.”

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Today in Layoff Land

Hovensa LLC lays off 270 contract workers

Quality Industries Inc. cuts 111

GE Capital lays off 127

W.S. Badcock Corp. lays off 40

Informatix cuts 48

Winston-Salem State University lays off 16

Twentieth Television lays off 10

3M eliminates an additional 1,000 jobs

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Now Hiring: Employed People

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Employers are discriminating against—unemployed people!  That’s what the WSJ is saying:

With unemployment at 9.4% and rising, it’s a buyer’s market for employers that are hiring. But many employers are bypassing the jobless to target those still working, reasoning that these survivors are the top performers.

Um, excuse me?  When will us unemployed people get a break?   So is it our fault after all that we don’t have jobs, not the economy’s?

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On Second Thought,

Maybe college is a waste of time and money.

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