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“Bloomberg, which acquired Business Week last month, announced this week that they were looking to layoff 100 positions or 25% of its staff. Judging from Twitter it looks like the layoffs took place today”
(Source: Bloomberg Axe Falls At Business Week, Jon Fine Out | Online | Mediaite)
“AOL staff has confirmed that the company is set to lay off thousands more employees in the coming months, following the announcement of the launch of a voluntary layoff program.
Tricia Primrose, vice president of AOL’s Corporate Communications, said AOL employees were informed of the move Thursday and the company will ask for 2,500 employees to volunteer for the layoff program. The voluntary layoff program will run from Dec. 4-11. The layoffs represent one-third of the company’s workforce.
‘We will need to do an involuntary layoff if we do not reach the target numbers through the voluntary option,’ Primrose said in a statement. ‘We believe the voluntary program gives people more choice and decision-making ability instead of waiting for the final cost recommendations and involuntary layoffs.’”
(Source: Leesburg Today – The Journal of Loudoun County – AOL To Institute Voluntary Layoff Program)
“We’ve confirmed with Adobe that the company is cutting 9 percent of its workforce, or 680 employees. Adobe filed an 8-K with the SEC today reporting the layoffs. Earlier today we heard multiple reports that layoffs were taking place at Adobe. There are also Tweets about the layoffs on Twitter. Last December, Adobe laid off 600 workers (or 8 percent of its staff) due to the recession. “
“Tis the season to rush up layoffs so they don’t fall in the sacrosanct Thanksgiving-to-Christmas period: An AOL insider tells us the company is slated to let go around 100 people tomorrow, following 1,500 firings Electronic Arts announced today.”
(Source: AOL Layoffs Tomorrow to Kick Off Depressing Holiday Season? – AOL – Gawker)