Archive for February, 2009
Have you seen us in…
Is TED a Recession-Free Zone?
Despite a dramatic change in the global backdrop, this year is no different at TED. While Scott McCloud talks about cartoons as an example of how we process information, 500,000 more jobs are being reported lost in the month of January alone here in the U.S. While Cindy Gallop is launching the website Make Love Not Porn, the government is struggling to rescue the crippled financial system and help the economy regain its footing.
It’s almost as if TED is in a recession-free zone.
The New Feel-Good Movie
It’s Friday after another long week in the recession. Boost your mood with films about these poor suckers who are far worse off than you could possibly be. Consider:
The Fly – You could be half-insect.
The Hanoi Hilton – You could be a P.O.W.
Screwed: 2,000 at Estee Lauder
A daily review of the employment fallout around the country.
Estee Lauder will reduce workfore by 2,000 over next four years…Ford to cut 850 jobs in the U.K….WSJ downsizes workforce by 2%…LA Times to drop 300 employees…New York Times’ About.com will pinkslip 10% of staff…
Read more…
Recession Briefing 2.6
What you need to know today to survive and thrive in the recession.
As Layoffs Surge, Women May Pass Men in Job Force (NYT)
Call her Ms. Breadwinner. With the recession stretching on, a milestone may be at hand: Women may surpass men on the nation’s payrolls, taking the majority for the first time in American history. How about some equal pay, too?
Comfort an Axed Coworker (Wired)
The higher-ups just called a special meeting in the conference room; thank God, you weren’t invited. But your work pal was…Here’s how you can help ease the pain.
Read more…
Newspapers Facing Death By 15,000 Cuts. Who Else?
Erica Smith, a graphics designer for the St. Louis Post-Dispatch, is a great example of someone who is applying creativity to bad circumstances.
A couple of years ago, Smith started compiling newspaper layoff reports into a mashup map that shows the toll across the country. “I can only update so many at a time without wanting to jump off the ninth floor of the building I live in,” she told the American Journalism Review.
Keeping: My cleaning lady ($75 every two weeks) Ditching: HBO ($15 a month)Recession Concessions: HBO vs. The Cleaning Lady
Sara Clemence, 34
New York City
Editor, Recessionwire Co-founder
Downturn Deals: Sacco Shoes
We wander past signs like this all day long. Some of them are more surprising than others. This one definitely caught our eye and, we must admit, caused a wee bit of secret delight.
What is the deal? Shoes and boots are 50 percent off prices well below normal levels.
Read more…
Love in the Time of Layoff: Two’s a Crowd
Last month, I was part of a dynamic duo excited about the prospect of upgrading to a two-bedroom apartment in Park Slope or Hudson Heights where I could have a little more space in which to write and we could start our family. But now, with my husband Marco newly laid off, I’m insta-primary breadwinner.
And here’s the thing. I am a card-carrying, credentialed feminist. I’m equipped to earn, and I do. So it freaks me out, a little, that I’m so freaked out about this sudden shift in our roles.
Screwed: 15,000 at Panasonic
Japan’s Panasonic will eliminate 15,000 jobs. … Cisco may cut 2,000 employees but eschews the word “layoff”. … Boeing plans 800 job cuts in IT and Cessna reduces workforce by 4,600…Time Warner Cable plans to layoff more than 1,200 nationwide over the next few weeks…THQ, bleeding money, lets go 600…Allergan plans to pink-slip 460 people — 5% of staff.
Recession Briefing 2.5
What you need to know today to survive and thrive in the recession.
Boo Hoo in the Boardroom (NYT)
Better not bitch about that bonus, Sir Wall St. Timothy Egan sounds off on the class resentment sweeping the country. The conversation about wealth has changed, and woe to the tone-deaf.
For Pawnshops, the Recession Is a Golden Egg (Business Week)
Cash America feels hawkish about the recession. That right, the company that brought pawnshops mainstream is boosting online loans offers and expanding a payday cash-advance feature.
Special Sections
