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The California budget and economy is falling apart. 21,000 state employees are getting layoff notices in about a minute. Those remaining will be forced to take 2 day furloughs per month — but at least they’ll still have their work. The federal stimulus package was just signed by Obama, so over time, some lost [...]
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 [...]
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