Thursday, June 05, 2008
5550: Slicing And Dicing.
Cutting remarks in a MultiCultClassics Monologue…
• Now Continental Airlines is downsizing, announcing plans to cut 3,000 workers. Plus, its two top executives will forgo getting paid for the rest of the year. Of course, they probably made more in the first five months of 2008 than most people make in a lifetime.
• Ford Motor Company wants to cut white-collar salaries by 15 percent by August 1. But the company has not yet determined the number of employees to dump. Executives did, however, receive an email on the corporate plans. So folks can look forward to twisting in the wind for two months.
• Verizon will buy competitor Alltell for $28 billion. Guess Verizon got sick of seeing the dude below dissing their “Can you hear me now?” character.