Comfirmed: DHL to Lays off 10,000 workers!!

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According to The Press-Enterprise has announced all 18 U.S. Hubs will close and that means 10,000 workers will be out of a job.  They will keep 3,000 for international business.   I wanted to tell everyone about this as soon as I found out.

There is a rumor that DHL might layoff some of it’s employees. About 8,000 Jobs will be announced to tomorrow when they release the earnings report. Now I know very little about this parent company but they have 475,100 employees and that would mean 1.6% of the people would be laid off!!

According to Business Week there Volume have been going down this year.

(CNN) — A southern Ohio community is bracing for possible layoffs as DHL Express — the largest employer in the area — planned to announce its quarterly earnings report and restructuring details. [Via CNN]

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From what I can tell this will affect the Eastern part of the US. I’ve done a little digging for everyone to see just why they would want to layoff so many people. They have to reduce there spending because there Volume isn’t as it should. This will also effect delivery of packages, and might end up slowing the delivery of Christmas packages.  So pack those presents early and ship them off early, to make sure they get delivered before Christmas!!  To see other layoffs this year just click this LINK.  It will show you all of the layoffs that have/are/or might happen in the near future.

Rumor: GE to be the next to layoff its workers!!

GE to Layoff 11,000 Workers!! GE to Layoff it workers!

According to sources of friends close to me, their seems to be a consensus that there will be a major layoff coming from GE. My source is talking about it being a lot of people will be laid off and that it will start happening in the coming weeks.

According to Yahoo Finance saying this “52 week change of GE is -50.86% from last year. ”

[ad#ad2-right-1]Now last year this time there Stock Price was 38.38 a Share and now they are 18.60 a share.  They dropped -19.78 over the year.   The seemed to get close to the 38.38 a share on April 4, 2008 with making  37.56 a share.  That was there highest this year, due to the fact that people were getting there income tax refunds in the mail.    Also NYSE says they had a slight increase in July and Aug, that is due to the Stimulus package that we got in 2008.

Now I’m not a financial expert in the least.  I just see what I see with stock prices.  These could mean they are doing extremely well, or they could indicate that the company is planning on laying people off.  I’m just trying to provide a background on why they might lay people off.  We are getting to he point of becoming a Depression and no longer a Recession.  What do you think?

Fidelelity to Lay off more than 4000 people in 2008.

Fidelity Investments acknowledged yesterday it is studying cost cutting but declined to comment on an industry report that it plans to lay off up to 4,000 employees as plunging stock markets cut into the value of its mutual funds business.

[via Boston.com]

Now this is another example of all the layoffs that are coming due to the recession. If you want to find out all the other layoffs that I have found just search my site. There are far to many for me to list now. I am not happy with what seems to be and down ward spiral.

With Black Friday for 2008 quickly approaching!!

Since Black Friday is approaching next month, I Figured it is time to point to places where you could find them.  Now that being said, I don’t think people should take some of these ads serious because of all the possibility.  Where these ads are being placed is not going to be the absolute final end all price.   Knowing these competitors like I do, they are going to have an ace in the hole.  You will probably not find out until a week or a few days before black Friday.

They will of course try to keep the really juicy stuff out of the hands of people who blab about this on the net.

Why do they have Black Friday?

The term “Black Friday” originated in Philadelphia in reference to the heavy traffic on that day. More recently, merchants and the media have used it instead to refer to the beginning of the period in which retailers are in the black (i.e., turning a profit).

[via Wikipedia]

Now that being said you can expect to save a lot on Electronics, maybe even laptops.  You could even save money buying a Playstation 3, or an Xbox 360.   That it why there is so much hype in this so called black friday.   With the possible recession looming over our heads, everyone is worried about being laid off.

Here are some great sites to watch to see what might be coming your way:

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With these links you should start to find the deals and plan out where you want to be in the coming future.   If you have any other websites just put them in the comments section for all to see.

I want to hear what people think about Black Friday ads.  Is it right to to have this information early, or is it wrong?  Do you think they will stop this in the near future?  These are all the questions I have been wondering?  Is this right for them to hide this information or do they have a real need to hide it?  Why not come up with another Black Friday date?  I want to hear you comments and your ideas on this and other post.

Toshiba Rolls out the Mobile Gaming Laptop!

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o Genuine Windows Vista Ultimate (SP1, 64-bit7 version) (default)
o Genuine Windows Vista Home Premium (SP1, 32-bit version)
* Intel Core 2 Extreme Processor1 QX9300* 4096MB PC38500 DDR3 1066MHz SDRAM3
* 128GB Serial ATA SSD3
* 320GB (7200 RPM) Serial ATA HDD3
* DVD SuperMulti (+/- double layer) with Labelflash drive
* NVIDIA GeForce 9800M GTS graphics with NVIDIA SLI technology 512MBx2, GDDR3 discrete graphics memory
* Atheros 802.11 b/g/n wireless-LAN

This looking so sweet, to get the full picture check out the Toshiba Gaming website : Qosmio: X305 Let me know if anyone wants to buy me one!! 😉 I wouldn’t mind one these myself!!