December 17, 2008

All 807 Woolworths stores to shut by January 5 as 27,000 jobs are axed

According to DailyMail, UK: “All 807 Woolworths stores will have closed down by January 5, the group announced yesterday.

A countdown for the closure of the chain, a fixture on the High Street for 99 years, was triggered last night after no one offered enough cash to buy it as a going concern.

The news means that some 22,000 permanent staff and 5,000 temporary workers will suffer a miserable Christmas and unemployment in the New Year.”

The first 200 stores will close on Saturday, December 27, another 200 go on December 30, a further 200 on January 2 and the remainder on Monday, January 5.

Update (12-17-2008): Woolworths website is currently down

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December 11, 2008

Layoff at Last.FM: up to 20% (London, UK)

According to CBS Interactive and Techcrunch: “CBS says the number of layoffs is less than 20, which would put it at about 20 percent.”

“One source puts the number of layoffs at as many as 40 people, mostly from LAst.FM’s London HQ, which has a total staff of 95”

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