pink slips

Rhonda, a 57-year-old Californian, was laid off in September after 37 years with a medical laboratory company. Now she needs to dust off those rusty job hunting skills, and figure out her financial next steps too. DailyFinance's Laura Rowley brought in a couple of experts to guide her.

Lots of companies are laying off workers, trying to cut costs and improve their profit margins. But how should investors view the news of job cuts at a company? As a sign of deep trouble and worse to come, or as proof of committed management and better times ahead? Here's how to read the pink slips.

Several major corporations have been announcing layoffs in recent weeks, despite their fattening coffers. What accounts for all the pink slips? Consumers don't like them, nor do investors -- at least, not the farsighted ones. Here are the real reasons behind these puzzling, and troubling, terminations.

Virgin Mobile is the latest company to offer price protection for customers who lose their jobs.Starting April 15, the phone company will offer what it calls "Pink Slip Protection" that will pay for three months of its service for new and existing customers who lose their jobs. Customers must prove...