Amazon recently surpassed Walmart as the most valuable retailer in the country. It is ceaselessly inventive, unafraid to try something and fail. Its ambitious goal: sell everything to everyone everywhere. It is also figuring out how to extract the most from its employees, whose dedication and obsession is the real engine behind the company’s success. … Continue reading
With the holidays around the corner, New York Times publisher Arthur Sulzberger Jr. will start handing out pink slips to 21 Newspaper Guild members on Tuesday. The cuts come after the company fell short of its goal of cutting 100 newsroom jobs through from a combination of voluntary buyouts. With the just announced layoffs, the … Continue reading
The New York Times may be forced to lay off a number of editorial staff, including high-level editors, according to staff sources. The speculation around the newsroom, first reported by New York Magazine’s Joe Hagan and confirmed by POLITICO, is that managing editor John Geddes, assistant managing editor Jim Roberts, dining editor Susan Edgerley, former Washington editor Rick … Continue reading
Less than two months after protracted contract negotiations came to a close between the New York Times Company (NYSE: NYT) and the Newspaper Guild, the nation’s newspaper of record is looking to make some difficult cuts. Jill Abramson, executive editor of the Times, sent a letter to the paper’s staff requesting buyouts from 30 non-union … Continue reading
“Unemployment insurance and other types of social insurance subsidize job separations and thereby result in too many layoffs and too few people employed” writes Casey B. Mulligan in Social Insurance and Layoffs on NYTimes.com. “A variety of programs help workers after they leave a job and do not start a new one, depending on the circumstances … Continue reading
Layoffs at the local level, by local administrations, we could say, by local government, are so numerous that we could post them on a separated blog. This hardly helps job recovery. Moreover, investment in education is falling by the way. Krugman thinks it is bad politics and we agree. …If it weren’t for this destructive … Continue reading
India’s internet technology industry continues to expand, despite weak economies in key markets in United States and Europe, thanks to domestic growth and a push into new regions like the Middle East and Africa. Revenues for India’s information technology and outsourcing industries are expected to cross $100 billion this financial year, a 14.8 percent increase … Continue reading