Entries from October 2008
Two Chicago law firms lay off attorneys, staff
By Ameet Sachdev Tribune staff reporter
1:37 PM CDT, October 16, 2008
Two Chicago law firms have fired attorneys this week, moves to cut cost during precarious economic times.
Sonnenschein Nath & Rosenthal let go about 24 lawyers across its practices and offices, according to an e-mail Chairman Elliott Portnoy sent out late Wednesday.
Katten Muchin Rosenman laid off 21 lawyers, partner Tasneem Goodman said in a statement.
The cuts come as their corporate clients hunker down amid the nation’s worst financial crisis in decades.
More here.
Categories: Looking in · unemploying
Tagged: attorneys, Chicago, Pink Slip Club
GM to lay off 1,600 workers at 3 factories
By TOM KRISHER, AP Auto Writer
DETROIT – Another 1,600 workers at three General Motors Corp. factories will be laid off indefinitely over the next few months as the company tries to control its inventory amid a worsening U.S. sales slump.
About 700 workers at GM’s pickup truck plant in Pontiac will be furloughed starting Feb. 1, while another 500 at the Detroit-Hamtramck sedan factory will be laid off starting Jan. 12, spokesman Chris Lee said Thursday. In addition, 400 workers at a two-seat sports car assembly plant in Wilmington, Del., also will be out of work starting Dec. 8.
The rest is here.
I talked to a certain local Ford union leader last week, and by talked, I mean listened to his stories while a foreign colleague fired away. His insights on how the car industry’s successes like the Ford Taurus were also its downfall as execs rested on their laurels instead of continuing to innovate.
