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Entries in Jason (2)

Thursday
Nov062008

Mattel introduces the new Welfare Barbie.

[ad#ad2-left]Mattel will be introducing the new welfare barbie doll,or laying off 1,000 jobs. According to Bloomberg and I'll quote:
Mattel Inc., the world's largest toymaker, said it would cut about 1,000 jobs, or 3 percent of its global workforce, as it faces higher manufacturing costs amid the worst financial crisis since the Great Depression.

[via Bloomberg]

If you're like me and you want to cringe every time you hear another place is laying off people. I say we are still in a downward spiral. Everyone is saying that even Jason Calacanis, in his recent email he sent to all his fellow readers, he talked about the Rich not buying anything they didn't need. He said that is good, I however wonder how far the hole goes before we hit rock bottom.

[ad#ad2-right]According to some analysts, they are talking about this lasting another year or more. On another note, according to Kotaku and I'll quote on this one to:
We have received a letter purportedly sent by THQ CEO Brian Farrell to explain to his employees the reasoning behind the company closing five studios and laying off staff from two others. The closed studios are Helixe, Sandblast Games, Locomotive, Mass Media and Paradigm.


[via Kataku]

Now I've talked enough about Layoffs in the past and I won't talk to much but I do hope this changes in the new future. If you want to find the other ones that I talked about just search my site, they are all there with out any problems.

[Thanks to Kyle Rees for the suggestion on the heading]
Monday
Oct272008

It's Offical, Calicanis says Your on your own.

In the Newsletter, Calicanis says this:
As a startup, you are now, officially, on your own. You can't count on
your VCs saving you or some magical offer from Yahoo or Google showing
up to bail you out. Chances are Yahoo and Google are going to be
shutting down and/or selling off companies they've already
bought--like EBAY and AOL have started doing. Parents don't adopt
while they're putting their kids up for adoption.

Now I don't know about you but I am really worried about what people are going to do next. Some other things Jason said is that the storm is upon us. That's right, in the next thirty days you will have to figure out how to survive. It won't be easy. Is this the beginning or the ending of this so called storm? I say only time will tell. I hope this becomes a rebound soon. We are definitely in for the long haul.