Word: laide
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...entire division of her company be jettisoned. "You walk into the office and it's quiet, the entire atmosphere is different. When someone gets promoted you want to say, 'That's great,' but then you realize they got the job because the two other people in that group got laid off; this person was cheaper. You start feeling evil. People say at least you have a job, you should be grateful. Well, I'm not sure how happy I am. And then I feel selfish about that...
...terms psychologists toss around to describe these feelings include survivor's guilt (why him and not me?), survivor's envy (thinking you might be better off gone too) and emotional contagion (the tendency to pick up your laid-off colleagues' feelings of gloom and desperation). These feelings are with us in every recession, but as layoffs spread to more industries, people in all walks of life are increasingly experiencing them. (Read "Feeling Our Way Out of the Recession...
...seems a ripe time for novel podcasting to grow. Traditional book publishers are struggling. Book sales are down; MacMillan has laid off employees, as have Random House and Simon & Schuster; and Houghton Mifflin Harcourt has suspended the purchase of most new manuscripts. With advance money drying up as well as contracts, Terra says that aspiring writers now feel that "maybe I should try something on my own" and build an audience online...
...Thirty companies laid off almost 200,00 people in January. Tens of thousand of smaller firms which the credit crisis is likely to hurt badly probably let workers go at a much more rapid pace. No one would be terribly surprised if total unemployment rose by nearly one million people in the first month of the year...
...image of a supertanker attempting a U-turn in a tiny Arctic bay. The weather in Washington was cold and cloudy. The President seemed overcast as well, stowing his megawatt smile as he acknowledged one of the more depressing days in U.S. economic history - the day that major companies laid off more than 75,000 employees. I barely saw him smile all week...