Yahoo Lays Off 600, Plans To Shut Down Buzz, Delicious

Yahoo Lays Off 600, Plans To Shut Down Buzz, Delicious

Several hundred Yahoo employees received the opposite of a Christmas present this week, learning the company is letting them go to ease its payroll burden. In addition to shedding 4 percent of its workforce, the shrinking web giant is shutting down AltaVista, Buzz and Delicious — according to an internal company slide. [More]

Factory That Made Moldy, Barfy Recalled Tylenol Closes For Upgrades, 300 Lose Jobs

Factory That Made Moldy, Barfy Recalled Tylenol Closes For Upgrades, 300 Lose Jobs

Johnson & Johnson announced late yesterday that they will lay off most of the employees of the Philadelphia-area factory that produced the controversial musty, stinky pills recalled earlier this year. Staff have been on full pay and benefits since the plant shut down in April, but the controversial (that is: filthy) facility will close down for upgrades until some undefined point in 2011. [More]

Video Professor Gives Employees Free Trial Offer Of Unpaid Furlough

Video Professor Gives Employees Free Trial Offer Of Unpaid Furlough

Have we learned all we can from Video Professor’s free training discs? (Well, free for 7 days, then $30 every month.) Or did the professor blow all his cash on legal fees in order to bully critics and attack competitors, as techdirt suggests? Either way, the company called all its employees to a meeting last week and gave them an unpaid summer vacation. [More]

Target Says Info From Demotions Post Tipster Is 'Completely Inaccurate'

Target Says Info From Demotions Post Tipster Is 'Completely Inaccurate'

A Target spokeswoman responded to Michael, the employee who claimed last week that the company is reducing 8,000 full-time employees to part-time. She writes: [More]

Sam's Club Lays Off 10% Of Employees

Sam's Club Lays Off 10% Of Employees

Sam’s Club, owned by Walmart, is cutting about 11,200 jobs nationwide in its stores. That’s about ten percent of the chain’s workforce. The part-time employees who currently hand out product samples and perform demonstrations will be replaced with ringers from the outside company that performs the same service in Walmart stores. [More]

US Airways Shrinks

US Airways Shrinks

US Airways has announced it plans to lay off a thousand employees, about 3% of its workforce, and will cut flights and focus mostly on four hubs: Charlotte, Philadelphia, Phoenix, and Washington, DC.

Couple Attempts To Stretch Half A Year's Pay Into A Full Year

Couple Attempts To Stretch Half A Year's Pay Into A Full Year

CNN profiles a young family living in a Chicago suburb who have decided to carry out an experiment in frugal living—they want to see if they can reduce their expenses enough to get by on about half of what they made before the wife and sole breadwinner was laid off earlier this summer.

Hyatts In Boston Decide To Outsource Housekeeping

Hyatts In Boston Decide To Outsource Housekeeping

Housekeepers at three Hyatt hotels in Boston made over $15 an hour and had benefits like 401(k) retirement plans and health insurance. On August 31st, Hyatt laid them off en masse—after first having them train their replacements under the guise of creating a holiday fill-in staff—and turned the housekeeping duties over to an outside firm.

Unemployment Claims And Consumer Confidence Down, Whirlpool To Lay Off 1,100

Unemployment Claims And Consumer Confidence Down, Whirlpool To Lay Off 1,100

The number of new unemployment claims filed nationwide was down to only 570,000 last week, but consumer confidence is at a four-month low. Maybe that’s because newsworthy layoffs continue, including Whirlpool announcing that they will cut 1,100 full-time positions in the U.S., located in Evansville, Indiana.

Some 71 Percent Of Newspaper Advertisers Stick Around

Some 71 Percent Of Newspaper Advertisers Stick Around

Enough with all the negative news about the newspaper industry. Let’s get positive, folks. For instance, instead of parroting this Bloomberg report that newspaper revenue plunged by 29 percent last quarter, let’s emphasize that 71 percent of advertisers stuck around.

Was Consumer Columnist's Demise Due To Editorial Cutbacks Or Advertising Interference?

Was Consumer Columnist's Demise Due To Editorial Cutbacks Or Advertising Interference?

The story of consumer columnist George Gombossy‘s departure from the Hartford Courant has become a “he said”/”company said” argument that seems like something out of a consumer affairs column. Was Gombossy let go for reporting on an advertiser, as he alleges, or was the elimination of his position simply part of the cutbacks taking place all over the Tribune Company?

Laid-Off Workers Keep Up Appearances, Pretend To Be Employed

Laid-Off Workers Keep Up Appearances, Pretend To Be Employed

Earlier this week, the Washington Post shared the story of a man who tried hard to keep up appearances, and to carefully choreograph his routine so his friends and neighbors wouldn’t think of him differently. Finally, he tired of the charade, and outed himself. As an unemployed person.

Don't Wait For Financial Crisis To Adjust Your Lifestyle

Don't Wait For Financial Crisis To Adjust Your Lifestyle

If you’re worried some financial cataclysm will knock you into a miserable life situation, why not jump the gun and start slumming it to anticipate the meltdown? MSN Money writer Donna Freedman advises such a maneuver, along with other pre-emptive strikes against destitution.

http://consumerist.com/2009/07/06/hershey-is-closing-its-online/

Hershey is closing its online store (www.hersheygifts.com) at the end of the month, saying they can’t keep it running in this economy. If you like their “chocolate” products, everything on the site is on sale for 25% off. [LA Times] (Thanks to Robert!)

ADP: Unemployed Need To Apply For Program In Which They Were Already Enrolled

ADP: Unemployed Need To Apply For Program In Which They Were Already Enrolled

One of the programs of the American Recovery and Reinvestment Act is COBRA Continuation Coverage Assistance. It helps people who have lost their jobs pay the sometimes hefty premiums for continued health insurance coverage, paying 65% of their premium. The program started in February, and Renee was enrolled right away. This month she was billed for her full premium again with no warning.

New York Times Was Just Joking About That Whole 'Closing The Boston Globe' Thing

New York Times Was Just Joking About That Whole 'Closing The Boston Globe' Thing

Those pesky unions, always asking for reasonable pay for their employees, decent working conditions, continued employment and the like. Well, the New York Times Company found a way to deal with the scalawags at the Boston Globe: threaten to fire ‘em all and shut down their place of business.

Laid Off? You May Be Asked To Pay Off That Corporate Credit Card Anyway

Laid Off? You May Be Asked To Pay Off That Corporate Credit Card Anyway

Rob lost his job, but kept the company credit card. Well, not so much the card, but the unpaid balance that went with it. As Rob’s employer stopped cutting him paychecks, it also stopped making payments on the account as well, and the creditor started hounding Rob, who wrote in to syndicated columnist Todd Ossenfort.

http://consumerist.com/2009/03/18/if-you-were-recently-laid/

If you were recently laid off, you can get a free FranklinCovey day planner this Saturday, March 21st, by showing up at a participating store and giving the name of your former employer and the date you were let go. [FranklinPlanner.com] (Thanks to Anne!)