Wednesday, January 14, 2009

Economic Troubles Continuing

Virgin closing it's flagship retail music store! 
Waterford crystal filed for bankruptcy protection,
Boeing laying off another 4,500 employees, 
WWE lays off 10% of its workforce, 
Nortel files for bankruptcy protection,
Yahoo consolidating wont give numbers,
National Geographic laysoff 10% of workforce,
Doubledown media lays off workers and asks top level to take paycuts,
Time magazine lays off 600,
Entertainment Weekly gives 15-30 staff walking papers,
State of Californmia almost broke, here's their list off layoffs
Other states have similar long lists,
AT&T, Verizon and other telecom companies start looking at their numbers,
Martha Stewart L. Ominmedia is consolidating and shedding staff,
The list of companies keeps growing day by day, week by week...





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