http://personalmoneystore.com/moneyblog/2009/02/02/monday-job-cuts-update-from-fast-payday-loan-store/ Macys, Chilis and Morgan Stanley make cuts
The Macy's flagship department store with the ...
After 150 years in the business, could this be the beginning of the end for Macy's?
As promised, your fast payday loan store delivers news on todays layoffs.
Macys heads the pack as far as number of jobs to be cut today. The department store chain announced today that it will ax 7,000 positions. The jobs lost will be a mixture of corporate and staff positions.
The store is still planning to shut down 11 stores, as it announced in December, but not more. Not yet. Analyst Stevan Buxbaum is not surprised by Macys announcement.
Reality is department stores are dinosaurs. You have to ask yourself how long can this model work as a viable business? Buxbaum said.
Chilis positions going cold
Chili's Grill & Bar
If youre a fan of Chilis Restaurant you might want to grab a fast payday loan and head to the nearest one right away. Soon, it might not be there. The company announced today that it will shut down 35 restaurants. To read more on this article please visit... http://personalmoneystore.com/moneyblog/2009/02/02/monday-job-cuts-update-from-fast-payday-loan-store/
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