Screwed: 1,200 at Lloyds

A daily review of the employment fallout around the country and the world.

Today’s Total: 4,100

Lloyds is laying off 1,200 employees, mostly from the IT support and insurance services departments…Harley-Davidson plans to let go 1,000 workers…Cisco is set to cut up to 700 jobs in the San Jose area…McGraw-Hill plans to layoff 550 employees…Lufthansa is laying off 400 workers, primarily in Germany…

Recession Briefing 6.18

What you need to know today to survive and thrive in the recession.

Want to hedge against the downturn by investing in precious metals? In Germany, shoppers will soon be able to buy gold from vending machines. (Daily Telegraph)

More than 40 communities across the country have canceled their Fourth of July fireworks, conceding that shooting off a colorful array of explosives is now a luxury that borders on wasteful. (Washington Post)

Cash-strapped and unemployed New Yorkers are meeting job contacts on the fly, in nontraditional settings, outside of their professional networks. (New York/Daily Intel)

Recession Briefing: 06.01.09

What you need to know today to survive and thrive in the recession.

General Motors filed for Chapter 11 bankruptcy protection today as part of the Obama administration’s plan to shrink the automaker to a sustainable size. (Associated Press)

Paul Krugman is blaming the recession on the economic policies begun in the early 1980s during the Reagan Administration. (New York Times)

Hugo Lindgren talks to a wide variety of economic forecasters to try and determine whether the “downturnaround: is real. They didn’t agree on much.(New York Magazine)

Out on the Street: When Plan B Becomes Plan A

Last week I had eight face-to-face meetings. Four were networking, two were formal interviews and two were discussions about joining partnerships. Not one of the meetings, while still involved in the financial world, were jobs that I would have considered “Plan A” when I first lost my job in December.

When I started looking for work, I concentrated on finding the same job I had just lost—trading in emerging markets. It seemed totally logical to me. I liked my job and I had been doing it for some time.

Last week was the first in which I really accepted that getting my old job just might not be in the cards…

Screwed: 1,000 at Daily Mail Group

A daily review of the employment fallout around the country and the world.
Daily Mail Group plans to cut 1,000 positions, affecting its Northcliffe Media arm… Orange County Transportation Authority has voted to give 400 bus drivers the axe… The Charlotte Observer will be firing 82 employees, both full and part time, while cutting hours for others… Sacramento’s Sutter Medical Center will lay off 53 employees and cut the hours of 11 others, from nurse aids to case workers… Wisconsin’s Appleton School Board has cut 43 teaching positions for the coming school year…