Microsoft Refuses Senate Request to Fire Foreigners First

Microsoft can’t win for losing
Like many companies these days, Microsoft’s embarrassing severance cash advance snafu caused it to miss its earnings forecast. The Windows OS giant has already cut back their workforce by 5,000 – but now they’re under fire for something else.
No, I’m not talking about anti-trust lawsuits [...]

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Sen. Charles Grassley
Tuesday, March 10th, 2009 by
Steven Tarlow

Latham & Watkins lays off 440 | Death of Big Law Firms?

Legal giants slashing and burning
David Lat and Elie Mystal of the legal blog Above the Law report that the worldwide legal firm Latham & Watkins have laid off 440 employees (190 associates, 250 staff). According to Above the Law, Latham & Watkins managing partner Bob Dell announced the layoffs via [...]

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Friday, February 27th, 2009 by
Steven Tarlow

Online Payday Loans Could Help Ex-Microsoft Employees

Surprise, you might need online payday loans
Former Microsoft employees who have gotten new jobs might need  online payday loans to pay back their previous employer. An unknown number of the employees that were laid off in January will be getting letters telling them that they need to pay back part [...]

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Maybe Microsoft should have done some extra research before it signed severance checks.
Tuesday, February 24th, 2009 by
Elizabeth Fairchild