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lay offs

Giant U.S. pharmaceutical group Abbott Laboratories is cutting 3,000 jobs, or about 3% of its workforce, following its purchase of Belgian-based Solvay's drugs business.
I got the call this afternoon."Guess who just lost their job."Since my friend Dawn and I had been talking just yesterday about the fact that her company had been bought six months earlier by some faceless conglomerate, and that her boss is never in the office anymore, I jumped to the wrong...
At least Lou Carlozo can't say he was unprepared. As the Chicago Tribune's assistant feature editor and writer of the popular "Recession Diaries" blog, he knew better than most what the suddenly cash-strapped have to look forward to. Still, it didn't make it any easier when on Wednesday he got his...
It's a gimmick, but a nice one. So here goes: The men's clothing retailer Jos. A. Bank has announced that it will refund the cost of a suit to its customers if they lose their job.The suits have to be purchased during its $199 sale from March 16 to April 9, and if God forbid, you do lose your job,...

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