Lynn Parramore
Recession Briefing 2.10
What you need to know today to survive and thrive in the recession.
Professor Obama’s First Seminar (Slate)
Calm, cool, and commanding. Slate’s John Dickerson thinks the president ran his prime-time press conference like a grad-school class, schooling America in his stimulus plan and speaking in (wow!) complete sentences.
Recession Not Affecting Sex Lives, Survey Says (Fox News)
Consumer Reports magazine says that of those who are sexually active and willing to talk, 79 percent said their personal financial situation has not affected their frequency of sex. Five percent are even having sex more often.
Freakoutonomics (NY Mag)
Few are feeling the city’s economic pain as acutely as shopkeepers, restaurant proprietors, and small-business owners. Amid eerily empty sidewalks and race-to-the-bottom sales, the questions are: What will it take for them to survive? And how are you doling out your dollars?
R.I.P. to Employer-based Health Care: Author Matt Miller Talks to RW
Has America has been in the thrall of “Dead Ideas”? That’s how Matt Miller sees it, and his book is a showdown with conceptual baggage that weighs us down. The Tyranny of Dead Ideas exposes outdated ways of thinking, from the notion that companies should provide health care and pensions for workers to the modern antitax obsession. Some of these Dead Ideas were born during an era when American businesses faced little global competition. Others grew out of the self interest of a small number of people who don’t want to share society’s resources. Miller, a leading business and political thinker and author of The Two Percent Solution, talks to Recessionwire about “Dead Ideas” we need to chuck and “Destined Ideas” we ought to embrace.
RW: Which Dead Idea do we most urgently need to get rid of?
Lemonade Maker: Chris Hand, Personal Marketer
Profiles of people who turn economic lemons into lemonade.
This week’s Lemonade Maker: Chris Hand
Location: Upper West Side, New York City
Before recession: Running a visual communications agency and recruiting marketing executives.
Now: Building CareerHandlers, a personal marketing agency designed to help job seekers launch professional campaigns.
Screwed: 20,000 at Nissan
A daily review of the employment fallout around the country.
Nissan to pinkslip 20,000…Razorfish shaves off 70 employees…The University of Chicago Medical Center may shed hundreds of workers…
Recession Briefing 2.9
What you need to know today to survive and thrive in the recession.
Bull Market for Feng Shui Masters (WSJ)
Praise to the King Money Frog in the Year of the Ox. Feng shui masters are finding a receptive audience for financial matters after a year of massive losses for banks. In Hong Kong, seeking tips from practitioners of Chinese cosmetology is widely accepted.
What recession? Grammy red carpet sparkles (Newsday)
The recession means belt-tightening for many, but few in the music industry are having to hock their sequins or gold grillz. Not yet, anyway, if the red carpet arrivals at last night’s Grammy Awards are any indication.
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…
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.
Screwed: 4,800 at IBM
A daily review of the employment fallout around the country.
IBM continues to quietly lay off more than 4,800 workers…Fidelity starts second round of reductions…Martin Petroleum files layoff notice, just in case…Fresno County announces layoffs and other changes…
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