layoffs

In a sign of the reach and depth of this financial crisis, even lawyers are getting the layoff ax. The Wall Street Journal’s law blog wrote that Thursday was possibly “the darkest day ever” for big law firms, and it tallied up the damage.
The day’s wreckage:
DLA Piper announced it was laying off 80 lawyers and [...]

Well, this is no way to start a Monday: First, Citigroup announces it plans to cut 53,000 jobs, the Wall Street Journal says.
Then, economist Rebecca Wilder at News N Economics chimes in with her prediction of more “mass layoffs” set to explode in the current recession.
From Wilder: