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Posts Tagged ‘layoffs’

Think Your Job May Be on Pink Slip List? Here are Four Clues

pink slipIf you’ve been on the chopping block, perhaps you’ve seen the pink slip signs coming. You know, the ones which reveal themselves to you in due time like colleagues who start rescheduling meetings with you three and four times.

Well, according to The Wall Street Journal, their list of warning signs is pretty much on track with what we’ve seen, too. Read more

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Laid Off & Looking For Work? Toronto Publisher Recruits Laid Off Newspaper Pros

extra extraGood news for old school newspaper folks!

If you’re a newspaper professional and you’ve been laid off, Community Bulletin Newspaper Group, Inc., is offering reentry into the field based on success from The Bulletin, their Toronto community newspaper.

We hear they’re actively recruiting writers, editors and ad sales pros to create and own local community newspapers with a proven newspaper template. Read more

Former Yahoo COO Banks $58 Million Severance Package

moneyIf you’ve ever been laid off from a job, you’re familiar with getting a nice little severance package of several weeks and eligibility for COBRA benefits and unemployment.

Unless you’re the former chief operating officer of Yahoo, Henrique de Castro. Here’s why: reports are circulating that he’s banking on a $58 million severance package for a job he held for merely 15 months! Read more

Layoffs Anticipated at Time Inc.

pink slipAccording to WWD, Time Inc. staffers are gearing up for some pink slips.

Rumors are racing as employees anticipate layoffs to come as early as next week. Just last month its CEO Joe Ripp informed employees the company was going to reduce costs before it spins off later this year from Time Warner. Read more

Bossnapping Occurs in France as Employees Brace Themselves for Pending Layoffs

executives fightingHave you ever imagined kidnapping your boss? Um, neither have we but this story from France made us wonder why it’s not uncommon over there! Hmmm.

According to Fortune, 200 employees working at a Goodyear Tire and Rubber Co. plant in Amiens took two executives hostage on Monday by preventing them from leaving their facility. Sounds like the workers weren’t happy about Goodyear’s intentions of shutting down the factory and pink slipping 1,200 employees. Read more

New ADP Report Shows Job Growth

job searchAs 2013 winds down, there’s good news to share. According to an ADP report issued yesterday, the U.S. private sector added 215,000 jobs in November.

Numbers are based on literally millions of paychecks ADP handles each month. As for the really good news? The number was approximately 40,000 to 50,000 higher than predictions by economists, so says Business Insider.  Read more

Three Signs You Might Get the Pink Slip

firedIf you’ve ever gotten the pink slip, raise your hand!

Now that we’re all friends and have been there/done that at one time or another, it’s likely there were signs ahead of time. Whether or not we chose to ignore them is another topic but a few indicators were probably alive and well.

Per this piece on BBC, there are a few clues that can give you the heads up as to whether or not a reduction in force is going to happen. Granted, we don’t want to create panic but instead it’s the notion of proceeding rapidly with caution and circulating that resume. Read more

CEO Talks Candidly About Layoffs: ‘It Sucks Emotionally’

If you’ve ever been downsized, unfortunately you’ve been on the receiving end of the pink slip.

But what about the people who have to do make the difficult decision to downsize their company?

As per a piece on Inc.com, Cheezburger founder and CEO Ben Huh dished candidly about his most difficult week ever by reducing his company by one-third of its staff. Read more

Instead of Doling Out Pink Slips, Some Japanese Companies Put Employees in ‘Banishment Rooms’

We shouldn’t live in a bubble so what you’re about to read will bring a new perspective to a basic¬†conference room. While some Japanese companies are reluctant to show employees the door, they embrace banishment rooms.

Looking to pink slip an employee? Fughettaboutit! As per the Asahi Shimbun, companies are transferring surplus employees and giving them mundane tasks to accomplish. The goal is for employees to reach a point of despair and simply quit on their own.

And we’re not talking about boutique companies. As mentioned in the piece, two subsidiaries of Panasonic Corp., Hitachi Ltd., Sony Corp., an NEC Corp. subsidiary and Seiko Instruments, Inc. have all employed banishment rooms. Read more

Worst Countries For Employees to be Laid Off: The U.S. & Switzerland

Ever wonder where the worst place is to be let go from your job? Wonder no more. The U.S. took the top spot and Switzerland followed in second place.

According to eFinancialCareers, our country and Switzerland favor the employer and make it simple for them to trim headcount. Here’s why: Every state in our country aside from Montana has “at will” employment.

Essentially employers can lay off its people for any time and for any reason. Sure, it is not supposed to be discriminatory but at will also means they’re not legally required to dole out money. Read more

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