Update 10/13/2008: I have created a new section on your site to track layoff, instead of using this blog post. Please visit Great Depression 2.0 Layoff Tracker for most updated layoff information.
From Yahoo Finance this afternoon — "Wall Street joined in a worldwide cascade of despair Monday over the financial crisis, driving the Dow Jones industrials to their biggest loss ever during a trading day. Even a big afternoon rally failed to keep the Dow from its first close below 10,000 since 2004 ."
Several Internet, media and technical companies had layoffs in the past couple of weeks. I’m sure more will come.
Today is October 6, 2008 — I’m officially launching "Depression 2.0" High Tech Layoff Tracker. This list will be updated daily. If you know any un-announced/secret layoff, please either post a comment or email me (regularguy@geekmba360.com )
| Date | Company | # of people | Details |
| 10/9/2008 | Entellium | 50 of the 68 employees were let go | Entellium execs fudge the number, face fraud charges |
| 10/8/2008 | Adzilla | About 90 | BT Crash Takes Adzilla Down With It |
| 10/6/2008 | eBay | 1,000 | eBay lays off 1,000 |
| 10/6/2008 | Jellycloud | 36 | Controversial ad company Jellycloud shuts down |
| 10/3/2008 | Valleywag | 3 | Valleywag Cuts 60% of Staff |
| Total | 1,179 |
- Layoff could be a good thing for you
- Beat Recession Advice #1: Form a Network of Headhunter Friends
- Beat Recession Advice #2: Cut your expenses, save money, and conserve cash
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