I meant to start writing these squibs down a while ago, but as one gets older, one forgets ...
The inauguration of ...
THE CORPORATE COMPASSION HALL OF SHAME
JP Morgan Chase lays off 300 employees in Rochester (and others elsewhere; if I discover the total, I'll edit this.)
Hewlett-Packard will lay off 14,500 employees (and overhaul its retirement plan.)
PNC Financial Services Group Inc. will lay off 3000 employees.
Eastman Kodak Co. will lay off another 10,000 employees on top of the 15,000 that they cut last year.
And GM is asking the Canadian Auto Workers Union to accept cuts in benefits.
The articles refer to them as "job cuts", but these are not numbers, not statistics; they are real people like you and me, and they are about to suffer the agonies of uncertainty that I remember so well. Say a prayer for them, please.
On the brighter side, the inauguration of the ...
CORPORATE COMPASSION HALL OF FAME
Paychex Inc. will add 480 employees in the Rochester area.