Friday, January 16, 2009

Layoff Watch: Pfizer, AMD and GE Capital joining Hertz in "Streamlining"

Pfizer cutting 2,400 jobs or a third of its total workforce, AMD is slashing another 1,100 people, and GE Capital is laying off 11,000 or 10% of its workforce. Presumably the newly laid off can be placated with a year-long supply of Viagra, free computer with internet connectivity and free access to a $1 million DIP to finance their own bankruptcy petitions... We can imagine the resulting mess... Sphere: Related Content
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