This one baffles us considerably. Shouldn’t they have some sort of protected account that represents the reasonable cash obligations of outstanding rebates?
One of the nation’s largest rebate processing firms, CPG (RebateStatus.com) has filed for Chapter 11 bankruptcy protection. What does that mean for you? Well, if you happened to mail-in a rebate form with a [...]
About time…enough said.
Yahoo announced that Yang, 40, will step down as CEO and return to his former role as “Chief Yahoo.” The company’s board said it has hired headhunter Heidrick & Struggles to find a replacement. (CNN)
buh bye!
Circuit City Stores Inc. filed for bankruptcy protection on Monday heading into the busy holiday season as analysts question whether the nation’s second-biggest electronics retailer will be able to survive. (AP)
Was surprised to see this on in the news. Don’t even know what this company is.
MPC Computers in Nampa plans to layoff 210 employees - effective today.
The company sent its layoff notice to the Idaho Department of Labor Wednesday.
“MPC was unable to provide any advance notice of this action because there were unforeseeable business [...]
A insider alerts us that AIG has closed 180 offices effective today and laid off 700.
Prediction:
Reality:
Circuit City is shuttering stores. How they continue to stay alive is a mystery given the miserable experience I have every time I set foot in one of their stores. Hopefully, the whole francshise goes belly up.
Advice to Moto….get beyond the Razr. It had a nice run, time to innovate. Abandon your proprietary OS initiatives and move to Android and/or Symbian. Perhaps you’ll have a shot at staying in the cell phone business. It’s a long shot, but still a shot!
officials confirmed today that $800 million in cuts planned for 2009 [...]
Markets are tanking, OPEC is flanking….Q408 how we loathe thee.
Chrysler LLC says it will cut 25 percent of its salaried work force starting next month. (AP)
EBAY WORKERS may be in for a shock they didn’t bargain for, with a report claiming the firm is floundering and preparing to lay off about 10 per cent of the company’s 15,000 employees. (Inquirer)
