Tuesday, March 10, 2009

For the first time in its 20 year history, GPS device maker Garmin announced layoffs on Monday. 141 workers were given turn-by-turn directions from their cubicles to home, with a cheerful electronic voice telling them never to come back.

The McClatchy Company, owner of 30 daily newspapers around the country, announced a 15% staff reduction and salary cutbacks for all remaining employees. The 12 Americans who read still read newspapers were unavailable for comment.