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Macy's said it would lay off 7,000 people, cut its dividend by about 60%, and begin a tender offer for some of its debt...

Author: /time Magazine | Title: Macy's: The Retail Universe in a Box | 2/3/2009 | See Source »

Retail may also be the best example of a large US industry that could get government support to save jobs, but probably won't. While employment is being built up for infrastructure programs in alternative energy and broadband, retail firms could lay-off several hundred thousand people...

Author: /time Magazine | Title: Macy's: The Retail Universe in a Box | 2/3/2009 | See Source »

...Absolutely no lay-offs will take place in the HMS Genetics Dept. as a result of technological advances,” wrote Cliff Tabin, chairman of the Department of Genetics at Harvard Medical School, in an e-mail statement. “Indeed new technology will probably mean we need to hire new people to run advanced machines in our cores over time. However we are set up far differently from the Broad...

Author: By Paul C. Mathis, CRIMSON STAFF WRITER | Title: Broad Institute Cuts Staff | 2/3/2009 | See Source »

When two students raised concerns about possible lay-offs of Harvard employees, Faust—who wrote in a November letter to the University that “changing financial realities will require us to look carefully at compensation costs”—emphasized that 50 percent of Harvard’s budget goes to cover payroll costs...

Author: By Brittany M Llewellyn and Eric P. Newcomer, CRIMSON STAFF WRITERSS | Title: Faust Addresses UC Meeting | 2/3/2009 | See Source »

During the first quarter, tension permeated the Canaday Common Room, as twenty viewers—mostly males—leaned silently and intently towards the television. A football-shaped cake lay nearby, half-eaten...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Students Cheer on Steelers’ Victory | 2/2/2009 | See Source »

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