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Globally, many countries are having to take stake in life-blood companies — in the US, banks like Bank of America, Citibank; in the auto industry, Chrysler and GM — and, well, you’ve read the news. The more money that gets infused into the failing businesses, the more nationalization will be taking place. As [...]
Amidst another day of layoff announcements (almost 72,000 announced today, Bloody Monday)– Home Depot, Nextel/Sprint, Caterpillar (!),Deere, ING, just to name a few, I received a letter that caught my attention.
A few months before the bottom fell out of the economic world, AIG Direct had acquired 21st Century Insurance. Since I’m a [...] The hurt keeps on coming. This morning Microsoft announced their 2nd quarter results and with the global economy still limping along, put plans in place to lay off 5,000 staff over the next 18 months, included 1400 who got their pink slips today.
Always go to the source: http://www.microsoft.com/presspass/press/2009/jan09/01-22fy09Q2earnings.mspx In light of the [...] In case you haven’t yet heard, Circuit City is officially bankrupt and all 567 stores are being prepped for liquidation. That’s about another 34,000 employees who have been given the pink slip. Some staff will be asked to stay on as the stores shut down and most associates will be given a small [...]
Next Monday, our Blogging Boomers Carnival (BBC) turns 100 installments old. The BBC is a weekly, hosted collection of some of the best material on the Boomer blogger front. 100 weeks.
And that gets me thinking. 100 is a milestone. A marker. And also a reason for retrospect. When we started our now [...] The economy (as evidenced by the news over the past several months) is doing more than slowing down. It is roaring to a screeching halt…and right where it will hurt the middle class. If you think of who really supports the economy, it is the small business. Although the mega-conglommerates take in so [...]
Amy Z, of A-Z International, and fellow expert blogger on Eons, is hosting a unique phone conference tomorrow, Tuesday, Oct 23, and you are invited! We all have a lot of concerns, issues AND suggestions for career and business. So, a few weeks ago, Amy hosted her first phone conference to members of [...]
Every year, just around this time, I get the urge to “Go West.” One year, about 12 years ago, I heeded that advice and left my home in Montreal and headed to Los Angeles. I had a breaking point. One where I knew that I could no longer stay in current situation. There [...]
If you spend any time talking to 64 1/2 year olds, you’ll find out pretty quickly that retirement is not an option. Regardless of what their social security might give them, it will likely not be enough to live on. Offset the costs? Certainly. But be a fallback? Nope…not according to those I’ve [...]
Over the past few weeks, in the process of gathering supporting information for an interview with the Wall Street Journal, I had put out several calls for individual stories. I received many emails from many of you who had your histories to share. Some of the stories were fantastic — courageous, successful…50 plussers [...]
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