Job losses looming

Mayor Daley said Wednesday he’s been warned by a parade of corporate CEOs that a blizzard of job cuts are about to bury the souring Chicago economy.

“Huge layoffs are coming in November and December. And next year, there’s going to be [even more] huge layoffs. All the corporation CEOs have come in to tell me. That’s just the beginning. It’s not their end result,” Daley told reporters after a City Council meeting.

Read the rest here in the Sun Times.

Ugh.

Pink Slip Club: Chicago attorneys

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.

New job search tool

MyIzzo

Based in Chicago’s South Suburbs. I’m curious to see if anyone can make it work. I don’t typically like sites that require registration since I’m nosy and like to browse. And I wouldn’t hire anyone based on an Internet application – I’d still want to see a cover letter along with resume. Ditto for a web-based interview.