Daily Recession

Law Firm DLA Piper cut 8 jobs

dubaidude — Thu, 09 Apr 2009 12:35:23 +0000

Law firm DLA Piper cut eight jobs, while a “small number” of lawyers have taken voluntary sabbaticals. The company is hopeful of making no additional changes to an “excellent team that is doing well in a testing market”. From Arabian Business

San Francisco Chronicle to cut 225 jobs

dubaidude — Sat, 07 Mar 2009 11:21:36 +0000

The San Francisco Chronicle may cut 225 out of 460 newsroom positions if the union that represents the journalists doesn’t meet the company’s demands, according to reports. From BizJournals

Torstar Corporation to cut 60 jobs

dubaidude — Thu, 05 Mar 2009 16:52:42 +0000

Torstar Corp. is laying off about 60 unionized staff and managers across the organization, primarily in advertising sales at the Toronto Star, Canada’s largest-circulation daily. A representative for the publisher of the Toronto Star and other papers says the layoffs cover various entities of the Star Media Group, which includes the Star newspaper and its [...]

All Virgin Megastores in US to close by summer

dubaidude — Wed, 04 Mar 2009 07:25:33 +0000

After nearly two decades of rocking the music world with a mix of brash stunts and splashy CD releases, the remaining six Virgin Megastores in the United States will shut their doors this summer in another blow to recorded music. The hipster shops received their branding from billionaire founder Sir Richard Branson and remained profitable, but [...]

Dubai based ITP cuts 60 jobs

dubaidude — Wed, 25 Feb 2009 18:20:26 +0000

Gulf-based publisher ITP announced on Wednesday that it is laying off some 60 people and closing nine magazines this week. The company continues to publish over 75 consumer and business magazines and web sites in the Middle East and India, including Arabianbusiness.com. ITP issued a statement saying that it “deeply regrets the necessity of this move, [...]

City7 cuts 90 jobs in Dubai

dubaidude — Tue, 24 Feb 2009 10:29:40 +0000

The owner of City7, an English language TV station in Dubai, confirmed on Monday that 90 jobs have been lost, adding that there will be more emphasis on news and information in the future. Mohi-Din Binhendi, president of Bin Hendi Enterprises, denied media reports last week that City7’s remaining 50 employees would have to take [...]