If you haven’t been looking at the news much today, you might be surprised to hear the media has already given today a nickname. They’re calling it Bloody Monday due to the number of job losses. CNNMoney reports that there have been over 68,000 job cuts today alone (announced). With earnings announcements all week, I think we’ll see a higher number by the end of
Are People More Willing to Take Salary Reductions to Help their Coworkers?
As I struggled to stay awake in a 7 hour meeting yesterday, I was happy to see that it was time to take a break and connect to a webcast that our Vice President was holding to discuss 2009 goals for IT (Our Information Technology group). He also planned on taking 45 minutes of questions during the session which is what I was most interested
A Late 2009 Turnaround in the Economy Seems Optimistic
I’ve really been somewhat riveted by the current economic crisis. Each day seems to bring new twists and the numbers are getting worse by the month. Today they announced a 2.7% decrease in December retail sales. Isn’t December the month where everyone is supposed to go gangbusters and spend tons of money they don’t have? Apparently not last December. I’ve read more than a few