When the administration of Anchorage Mayor Dan Sullivan first presented its 2011 budget proposal, it looked as though up to 31 people could be laid off around the beginning of the year due to budget cuts.
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A Russian-owned bauxite company will face sanctions if it refuses to meet with government officials about the dismissal of more than 120 workers, Guyana’s labor minister said Friday.
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Cost-cutting measures at the troubled site could result in as much as a 50 percent cut in staff, sources tell All Things Digital.
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NEW YORK (TheStreet) — Myspace, the ailing social network, is reportedly mulling massive layoffs, according to AllThingsDigital. More than 50% of Myspace’s 1,100 employees could be impacted, the report said. Myspace, owned by media conglomerate News Corp, recently redesigned its site and shifted its business towards media and entertainment to avoid competing with rival Facebook in the social …
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