Word: lay
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...Apple (AAPL) will not lay people off because Steve Jobs would have to admit he had made a bad decision and that the company would not be appear to be perfect. This is, of course, only part of reason jobs at Apple are safe. The company has $24 billion in cash and securities and adds to that every quarter. Apple refuses to make acquisitions, preferring to create and market its own products. M&A deals often mean personnel cuts. Because Apple's success is based on creating new products, improving old ones and aggressive marketing, it will need...
...Chrysler submitted restructuring reports to the Treasury on Feb. 17, asking the Federal Government for $14 billion in further emergency loans, bringing the total amount that the Detroit automakers have requested to $39 billion. GM says it needs $12 billion more to avoid bankruptcy and announced plans to lay off 47,000 employees and sell or phase out three of its marques--Saturn, Hummer and Saab--and reduce Pontiac to a "highly focused niche brand." Chrysler has asked for $5 billion and plans to cut 3,000 jobs...
...confirmation hearings to launch no prosecutions for Bush-era lawbreaking. At the opposite end of the spectrum, others say that even if it takes many years and divides the country and distracts from the urgent priority of fixing the economy, we must prosecute Bush Administration officials to lay down a marker. The courts are already considering congressional subpoenas that were issued earlier as well as claims of privilege and legal immunities. Those cases will stretch out for some time, as would prosecutions--taking even a decade or longer. Moreover, it is easier for prosecutors to net those far down...
...serious concessions on principle, Obama is now being given credit for having walked the walk of his post-partisan talk, and his failure to achieve it thus far is being blamed on the other guys. He has no reason to abandon the approach he has taken. His effort to lay the groundwork for political pressure on Republicans to join bipartisan coalitions on issues like health care, energy policy, and entitlement reform has had a good beginning...
...American Cleaning Company general manager Henry Valerio said HMS custodial services requested he provide a roster of his workers, listed by seniority, from which they could choose 13 workers to lay off. Valerio said he is not yet sure which workers will be laid...