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Layoffs, a hiring freeze and revisions or delays of new projects are in the cards at Canadian broadcaster CTV, according to a memo staff received Tuesday.
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To cope with worldwide economic woes, VMware announced that it plans to create multiple product-based divisions and continue a hiring freeze that started in July.
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CNBC reported an unofficial hiring freeze, but Google says it's only cooled down. Evidence: It made offers to 30 prospects last week.
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Earlier, officials had identified $32 million in reductions in construction and planned purchases. Supervisors are expected to take up the shortfall today. In its latest attempt to address a gloomy economic forecast, Orange County has imposed an across-the-board hiring freeze and begun preparations to trim more than $60 million from its budget, officials said Monday.
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Council members' comments suggest Villaraigosa's pledge to hire more police officers may be at risk. The Los Angeles City Council on Monday took its first crack at addressing a $110-million shortfall in this year's budget and signaled that Mayor Antonio Villaraigosa's pledge to hire more police officers may be at risk.
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Earlier, officials had identified $32 million in reductions in construction and planned purchases. Supervisors are expected to take up the shortfall today. In its latest attempt to address a gloomy economic forecast, Orange County has imposed an across-the-board hiring freeze and begun preparations to trim more than $60 million from its budget, officials said Monday.
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SACRAMENTO, Calif. (AP) -- Gov. Arnold Schwarzenegger on Friday ordered a state hiring freeze and payroll cuts to conserve cash as California struggles to deal with a $42 billion budget deficit....
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Gov. Arnold Schwarzenegger has ordered a state hiring freeze and payroll cuts to conserve cash as California struggles to deal with a $42 billion budget deficit.
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As temperatures dip to winter levels, the Stephens County Board of Education is implementing its own kind of freeze.
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Business graduates face many problems but the destruction by rocket of the office is not usually among them. Group Captain Dean Andrew, aged 41, takes such occupational hazards in his stride, as he gets on with his current job of making Basra airport fit to hand back to the Iraqi people.
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The region's governors are preparing to propose hundreds of millions of dollars in budget cuts, including layoffs in Virginia and cuts to education and public safety in Maryland, in an early sign of the impact of the economic slowdown on government services.
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Barack Obama admitted to Men's Health that he occasionally bums a cigarette on the campaign trail, saying, "I figure, seeing as I'm running for president, I need to cut myself a little slack." [People] Diddy did not appreciate McCain's much-noted "that one" remark at Tuesday night's debate, and he's posted a video to tell you about it. [Radar] Leonardo DiCaprio was spotted "snapping photos of the topless Brazilian dancer at the Box," which seems a little creepy. [P6] Hotelier Andre Balazs was seen having dinner with Renee Zellweger at Swifty's. [R&M] Hugh Hefner confirmed his breakup with Holly Madison, but filming for The Girls Next Door continues. read more »
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Watching how the bank crisis unravelled
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North Korea has told the International Atomic Energy Agency that it is placing all its main nuclear complex off-limits to inspectors and will stop its program of dismantling the site.
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Anyone seeking to become the coach of the team should be aware of some preconditions, including anticipating losing the job. Now that Lane Kiffin has been ousted, the Oakland Raiders have gone through eight head coaches in 13 years.
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THE money markets remained frozen yesterday as uncertainty over Government plans for British banks overshadowed news of the £500billion rescue package.
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Japan’s bitter memories of its banking meltdown in the 1990s made it sympathetic to Washington’s bailout efforts and reluctant to lecture America.
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Virginia Gov. Tim Kaine is laying off 567 state workers as the state's budget outlook worsens amid the global financial crisis.
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Bank-to-bank lending rates rise despite aggressive measures from governments worldwide to tackle the credit freeze.
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The first London Freeze will see a ski slope and the city's first Snowboarding World Cup event held in Battersea Power Station reports Joanna Symons.
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Britney Spears will address the causes of her infamously erratic behavior in an upcoming documentary. Sample quote: "I sit there and I'll look back and I'm like: 'I'm a smart person. What the hell was I thinking?'" [People] The cover photo from the November issue of W, which features Angelina Jolie breast-feeding one of her children, has been released. [Radar] In preparation for his role in The Wrestler, Mickey Rourke cut his own forehead open with a razor blade he had taped to his forearm; how exactly this helped him to prepare is unclear. [R&M] While touring with Madonna, Swedish musician Robyn was told "not to approach Madonna, not to speak to Madonna and, above all, no pictures. read more »
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The failure of Icesave, the Icelandic bank branch, could have dire consequences for property chains in the UK
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Just as President Bush is convinced he did the right thing in Iraq, he is convinced he is doing the right thing on the economy.
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A newly released memo from the McCain campaign strafes Obama for his connections to ACORN, the community organizing group that is under investigation in various locations around the country for incidents of alleged vote fraud. The McCain campaign is calling...
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John McCain’s contradictory proposals are evidence to some of his independence, but others see opportunism.
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AUSTRALIA'S Big Four bank chiefs have refused to commit to freeze senior executive bonuses, but say their pay is likely to suffer anyway.
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He may be the king of the silver screen, but it seems not even Steven Spielberg can thaw the freeze in credit markets
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LONDON (Reuters) - Investors will be seeing this week whether policymakers found a way to pull markets away from a deeper collapse as global capital markets faced complete freeze-up.
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LEWISTON, Idaho (AP) -- Potlatch Corp. has temporarily laid off 102 employees from lumber and cedar operations in Lewiston because of the stall in housing construction....
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The chief lawyer for Senator Ted Stevens has built much of his client’s defense on instances of failings from prosecutors to disclose all pertinent information to the defense.
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In the hope of changing the balance of political power, protesters have put forward a reform plan that would weaken rural voices by creating a mostly appointed Parliament.
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Samantha Ronson's former lawyer, Martin Garbus, is threatening to sue her for nonpayment. He wrote "Please don't force me to do it ... The blogs will pick it up." [NYDN] In more fun news, Ms. Ronson's girlfriend, Lindsay Lohan, will dress as Sarah Palin for Halloween! [Full Disclosure] Gossip Girl's Taylor Momsen assured worried reporters that she is "naturally thin." [US Weekly] Suri Cruise reportedly gets abnormally excited when she sees kids her own age because she's had "not a lot of socialization." [P6] Family drama: Photographer Bruce Weber is suing his girlfriend's cousin, the actress Anna Thomson, over money he provided for the care of Thomson's dying mother, shoe designer Beth Levine. read more »
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SEATTLE (AP) -- With the economy slowing and unemployment growing, jobs are still available along the border....
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At Gartner's Symposium/ITxpo conference, the possibility of hiring freezes or layoffs was the top item on the consulting firm's list of things IT managers should prepare for in light of the financial meltdown.
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With bleak sales numbers expected, there'll be fewer jobs and more competition for them. With Christmas fast approaching, Molly Oswaks has checked out stores in the Grove shopping center, boutiques in Larchmont Village and shops along 3rd Street. All across Southern California and the country, the search is on -- not for the perfect gift but for holiday jobs.
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Sarah Palin has emerged as the most electrifying speechmaker on the major party tickets, though her partisan zeal could repel some independents.
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Two housekeepers employeed by David and Victoria Beckham have been arrested for selling some of the couple's possessions on eBay. [US Weekly] Some of the high-profile attendees of Prince's Gansevoort Hotel show refused to turn off their cellphones, even after the signals crashed the musician's high-tech sound system. [P6] Merrill Lynch chief Stanley O'Neal got the cold shoulder from the bold-faced names dining at Michael's last week. [P6] Grub Street has the first look inside BEast, a new "secret" lounge opening on Thursday and located underneath restaurant Broadway East. [Grub Street] read more »
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